Mike Satsky

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Undergrad
Syracuse University
Neighborhood
Midtown West
Filed Under
Nightlife
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Who

Satsky is the co-owner of Lily Pond in East Hampton and a former owner of the Manhattan club Stereo.

Backstory

New Jersey-raised Satsky started sneaking into clubs at age 16 and attended Syracuse before moving to the city to embark upon a nightlife career. In the early days, he promoted events with fellow nightlifers Larry Kramer, Mike Heller, Jeff Goldstein, and Doug Akin, and later formed a company called Park Avenue Entertainment to host events around town. He went from promoter to proprietor when he teamed up with partners Brian Gefter, Barry Mullineaux, and John Cantor in the fall of 2005 to open Stereo in Chelsea. His promise to turn the venue into "Yankee Stadium for DJs" may have been hyperbole, but Satsky & Co. managed to generate plenty of buzz for the new venue by utilizing the same formula honed by Jason Strauss and Noah Tepperberg at Marquee: celeb spottings, DJs popular with the trust fund/socialite set like DJ A.M. and Mark Ronson, and frequent mentions in the tabloids.

Recently

Stereo closed its doors in 2008. Even before it officially went dark, though, the club had been the focus of increasingly negative attention. In 2007, Satsky & Co. were forced to cough up thousands in fines after the city alleged that they'd turned a blind eye to drug dealing on the premises; more money went flying out of Satsky's pockets in the fall of 2007 when the club was burglarized by thieves who broke in through the roof. He's since bounced back with Lily Pond, the East Hampton club that opened its doors during the summer of 2008. And he says he has plans to open a new Manhattan venue at the end of 2009.

Recently

In early 2008, Stereo closed its doors, though Satsky promptly vowed to reincarnate the venue downtown. Even before it officially went dark, the club had been the focus of increasingly negative attention. In 2007 Satsky & Co. were forced to cough up thousands in fines after the city alleged that they'd turned a blind eye to drug dealing on the premises. In September 2007, more money went flying out of Satsky's pockets when the club was burglarized by thieves who broke in through the roof and stole $29,000 in cash from a safe. He also suffered the indignity of having former partner Ferri blab to the media that in order to lure Victoria's Secret models to show up at Stereo, its owners were paying more than $10,000 a piece.

Personal

Satsky was once romantically linked to the disgraced Miss USA Tara Conner. He lives on West 57th Street and can be seen zipping around town in his 2006 Mercedes CLS500.

True story

For a benefit in 2006, Satsky donated $10,000 to secure a 9-week-old baby white tiger as a special guest. Later that night, actress Michelle Rodriguez was seen feeding the tiger milk from a baby bottle and swimming with it in an East Hampton pool.