THE 40/40 CLUB, an all-American sports bar and lounge owned by hip hop mogul Jay-Z and partner Juan Perez (6 West 25th Street between 6th Avenue and Broadway), opened its doors to the public in the Summer of 2003. Created by the three longtime friends, 40/40 is 8,000 square feet of pure sports and entertainment in an opulent lounge setting, providing a unique experience not found elsewhere in New York City. "I love sports and wanted to create an environment that is conducive to my lifestyle, while being able to watch the games at the same time," said Jay-Z. The $4 million multi-level space includes a 24' X 8' slate bar, a 16-foot wide staircase furnished with sleek seating on the steps, 15 LCD TV's, 8 plasmas (three of which are 60"), four 12' X 12' two-sided big screen TV's, a premium Cognac Room and three private VIP rooms. Two of the VIP rooms, the "Rmy Lounge" (appropriately named after Rmy Martin, Jay-Z's cognac of choice) and "Jay-Z's Room" are 24 X 16 each, and the third VIP room, "The Hall of Fame Lounge, " is 46 X 20. They are fully equipped with their own personal entertainment centers.