US. In 2007 The Knitting Factory partnered with XM Satellite Radio to record and broadcast concerts from both Knitting Factory locations. Ownership changes and move (2008) Morgan Margolis took over as CEO in 2008. Hoffman left the company at the end of 2008. In July 2008 the owners announced their move to close the Manhattan location and move to a much smaller space in Williamsburg, Brooklyn where it now stands at 361 Metropolitan Ave. At this new venue alternative comedy thrived, with many notable comedians gracing the stage including Hannibal Buress, Seth Herzog, Che Bridgett, Dan Ilic, and Pete Davidson. But they changed their minds and reopened the Tribeca location, and continued putting on shows with bands including The Shells, the Cro-Mags, and New Model Army (band). At that time, the New York and Hollywood locations held over 5,000 live performances each year. Reno and closures (2009-present) In July 2009 it was reported that the Los Angeles location was closing. The last show in the Manhattan location however was on July 25, 2009, and was an event called Staff Infection in which staff took to the stage and said goodbye to its beloved club. The last band to play KFNY was 12,000 Trees featuring 3 Knit staffers. The new location was set to reopen in the new Brooklyn location in July 2009. On September 9, 2009, The Knitting Factory relocated to the former space of the Luna Lounge — itself a Manhattan transplant — at 361 Metropolitan Avenue. This location, completely remodeled, is now in operation and has a capacity of about 300. The venue opened with a performance by Les Savy Fav. In March 2016, the Knitting Factory announced it would be closing its Reno, Nevada location. Knitting Factory Works The Knitting Factory gave its audience poetry readings, performance art, standup comedy, and musicians who transcended the usual boundaries of rock and jazz, such as the Lounge Lizards, John Zorn, Dewey Redman, Don Byron, Anthony Braxton, and Cecil Taylor. The owners recorded some of these performances and distributed them to radio stations. They started a radio show in 1990 that was broadcast nationwide, and sometime between 1989 and 1990 a record label called Knitting Factory Works. In ten years the label issued over 200 albums that included music by Marilyn Crispell, Mark Dresser, Bill Ware, Roy Nathanson, Charles Gayle, Joe Morris, and Curtis Fowlkes. See also Downtown music Knitting