Las night I re-watched Matt Tyrnauer‘s seven-year-old Studio 54, and it still delivers a great high for those who were young or youngish and occasionally clubbing and quaaluding back in the late Jimmy Carter era. It feels really soothing and heartwarming to revisit that bacchanalian atmosphere of yore, and it’s also a great Christmas movie in a certain sense.
The first half (i.e., before the downfall) delivers a robust high….the feeling is just as rich and levitational as the one you get from watching Alistair Sim‘s Scrooge (a.k.a. A Christmas Carol).
Studio 54 wasn’t just an immersive alternate-reality trip on West 54th near 8th Avenue — it was Shangrila. Swirling sounds, dancing until 2 or 3 am, possible sex, cocaine, nocturnal delights, quaaludes, drinks and that pounding thump-thump-BUHMP-BUHMP.
Oh, to have been a young buck in ’77 and ’78 and get waved through by Steve Rubell himself and then run into the levitational coolios (rock stars, journalists, models, authors, actors, producers, politicians) in that cellar-level salon…sniff, snort, stop it, you’re dreaming.

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I’ve said this before and I’ll say it again: Tyrnauer’s film is a fascinating, well-told tale — exciting, sometimes hilarious, sometimes sad — that invites you to really sink into a mad Manhattan era (mid ’77 to early ’80) that was a real bacchanalian sweet spot — post-pill, pre-AIDS, sexual liberation and an abundance of cocaine and quaaludes (and the operational assistance of the beloved Edlich Pharmacy).
A few weeks ago it hit me why I’m so affected by Studio 54, above and beyond the nostalgia. It’s because it uses a brilliant up-and-down narrative strategy that works as a metaphor for how briefly youth lasts and how suddenly the best of times can end, and how two crafty fellows — Rubell and Ian Schrager — foresaw and caught hold of a special hedonism in the air, a certain what-the-fuckness that happened at just the right time and in just the right way, and all under the cultural auspices of a somewhat prudish and puritanical peanut-farmer president.
And for the first time ever, Schrager actually pokes his head out, sits down and talks to Tyrnauer about the whole saga, start to finish, no holds barred.
Tyrnauer’s strategy for the first hour is to give you a great contact high with the saga of Studio 54’s success — the cinematic equivalent of dropping a Lemmon 714 on an empty stomach.
Then it shifts into wistful melancholy as he relates how Rubell and Schrager struck it enormously rich only to see the whole thing collapse less than three years later. Their version of Studio 54 (it re-opened in 1981 under Mark Fleischman and continued for five years) launched in April of ’77 and closed in February ’80, right after which Schrader and Rubell went to jail for tax evasion.
Schrager recovered and went on to great success as a boutique hotelier; Rubell died of AIDS in 1989 at age 45.




