Bamboo Bar and Karma Nightclub used to be the place to be in the summer.

Right in the heart of Seaside Heights, the music would pump out of the huge glass and steel complex that stretched the whole block every night with lines down the block.

Then MTV happened.

Suffice to say that Snooki, The Situation, and crew didn't leave a great reputation behind for the twin nightclubs by the time "Jersey Shore" wrapped filming.

In the years since, both went out of business and onto the auction block.

The Bamboo story came to a close this past week when the gavel fell and the winning bid of $1.2 million was accepted.

The new owner of the property, according to the Asbury Park Press, is Robert Veloso, a businessman from Long Branch.

According to Veloso, the complex's nightclub days are over as he eyes redevelopment and considers the possibilities.

The APP article quotes him as saying that he plans to, "...maybe change it, to build some apartments".

An interesting side note to the story, though, is the fact that while Bamboo did in fact sell at the auction, although for less than the listed starting price of $1.5 million, it's sister club Karma didn't find a buyer.

The club's liquor license previously sold for a cool half-million.

This all comes after a rather fraught couple of years, following brawls, underage drinking fines, and the liquor license being put in jeopardy.

The Asbury Park Press article is behind a paywall, but you can check more out here.



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