Last week demolition was underway at the former CBGB. At the time Racked put their money on a Duane Reade taking over the space, but today The Post reports that John Varvados will be opening a chic boutique in the old punk rock palace. With his eye on a Spring opening, it's unclear how much of the 13,000 square feet will be taken over by the designer. Before you get your black leather punk......

The Rolling Stones are back for yet another tour! Alternating openers for them on this one are Alice Cooper, the Dave Matthews Band, Kanye West and Van Morrisson. We get Kanye, and couldn't be happier. They'll play Giants Stadium on September 27th. But that's not all, the band is coming together to help celebrate Bill Clinton's 60th Birthday (which is on August 19th, though the concert celebration will take place October 29th) at the Beacon......

It's going to be a slow week in music. American Analog Set are playing Joe's Pub, but that sold out before it went on sale (download an AAS/Kelly Clarkson mashup). Sick of it All and The Bouncing Souls are playing CBGB benefits, but good luck getting in to those (see what it will likely look like inside). Louis XIV are at Irving Plaza. You're definitely too cool to go to that (watch a NSFW......

Sundance is definitely in full swing - you can tell by all the blurry-eyed revelers wandering up and down Main Street. We're trying to make all the rounds, but it's difficult because we actually have paying work to do at the festival. Today, we thought we'd serve up our report in terms of bests and worsts: Best party - Palm Pictures Like defamer, we hit the Palm Pictures party last night. We had a bunch......