It’s a new day for an L.A. institution as David Cooley, founder of legendary gay club The Abbey, has announced the property’s sale. The Abbey, and it’s accompanying Chapel, has been bought by Tristan Schukraft for an undisclosed amount.
Schukraft, a technology entrepreneur/turned hotelier, owns MISTR, the largest telemedicine provider of free online PrEP and long-term HIV care, as well as Tryst and Circo, LGBTQ+ hotel and nightlife venues in San Juan Puerto Rico.
“The Abbey is more than just a bar. It’s been a sanctuary for the LGBTQ+ community through tough and good times alike, from the AIDS Crisis to the fight for Marriage Equality and Transgender Rights. I’m proud that The Abbey has been a place for support, unity, activism, and celebration,” said Cooley. “I’ve spent half my life here, meeting incredible people and seeing how The Abbey has been a place of happiness and acceptance for so many. Now, it’s time for someone new to lead. Tristan has been coming here for years. He gets what The Abbey means to people. I trust him to look after our community, our guests, and our team. Plus, I’m sure he’s going to throw some great parties.”
According to marketing materials, the sale is to include the operating business, brand, trademarks, and trophy West Hollywood real estate. The buildings along Roberson Boulevard measure some 9,540 square feet, situated on more than 12,000 square feet of land.
The sale is expected to be finalized within a few months, after the ABC licenses transfer over, after which Schukraft will assume ownership and operational responsibilities.
In 1991, Cooley invested in a small space in West Hollywood that he renovated into a coffeehouse called the Abbey. After 25 years and five expansions, today’s Abbey has been named the Best Gay Bar in the World by numerous outlets.
Brandon Michaels and Matthew Luchs of the Brandon Michaels Group held the commercial listing.