Hoboken, N.J. local music hot spot Maxwell's will be shuttering its windows for the last time as of July 31.

The establishment has been around for 35 years, serving as a rock venue where the well-known and the undiscovered could both draw a crowd. Bands such as Nirvana may have played one night, but indie-rock groups were just as prominent, reports Newsmax.

The club's co-owner, Todd Abramson, claims the business was driven out by rising rent prices and the changing neighborhood. Once a low cost art hub, Hoboken has seen prices rise due to its close proximity to Manhattan, according to UPI.

"We were offered a renewal with rates that weren't necessarily onerous," Abramson said, according to the Star-Ledger. "But after much thought, given the changing nature of Hoboken and the difficulties of trying to run a business in this town, we decided it was time."

While parking has become a problem, the activities expected for the city's night-life have also changed.

"The culture in Hoboken is driven by TV now," Abramson told the Star-Ledger. "A lot of the bars downtown are fighting with each other for who has the most giant TVs. That's what Hoboken nightlife has become."

For the establishment's last show, Abramson is planning on bringing in the first band to ever grace their stage, reports the Inquisitr. With members of the Bongos and Glenn Morrow, band 'a' is expected to return again for the venue's final night.

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