American Beauty, a New York City bar and music venue that was located just a couple blocks from Madison Square Garden and became somewhat of a jam haven in its short tenure, has closed its doors for good as of December 31, 2017, according to a statement released by the proprietors.

The space, which has been a venue with multiple names for years, took on the American Beauty theme (named in honor of the Grateful Dead) a couple years ago and hosted countless shows including many pre- and after-parties surrounding Phish’s annual New Year’s Eve run at MSG. The final show at the venue was a Phish after-party on December 31 featuring Kung Fu and Wyllys, along with a Grateful Dead DJ in their upstairs “Jerry Lounge.” American Beauty’s Facebook page wrote about the show, “Let’s blow this one out like there’s no tomorrow…”

In the venue’s statement, the proprietors note that their 251 W. 30th St. home was bought by new company Herald Square Properties in 2016, and the new owners plan to renovate and re-lease the space to new tenants.

“We’d like to thank our loyal staff, customers and every artist who’s performed on our stages for a magical run,” the note reads. “Although it’s sad to say goodbye to our Midtown party factory for now, we are happy for the memories that will live on with those who experienced it. Fare Thee Well.”