I went into credit card debt to buy the Stonewall Inn with my co-owners. We want to honor its past by impacting the future.
· Business Insider
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- Stacy Lentz has co-owned the Stonewall Inn with three others since 2006.
- She went into credit card debt to buy the Inn, and has never made much money.
- Owning it has been the responsibility of a lifetime, and given her purpose, she says.
This as-told-to essay is based on a conversation with Stacy Lentz, co-owner of the Stonewall Inn and CEO of the Stonewall Inn Gives Back Initiative. It has been edited for length and clarity.
I grew up middle-class, in the middle of a cornfield, in the middle-of-nowhere Kansas. That's a lot of middles, but once I moved to New York City in my 20s, I felt like I had discovered the center of the world.
I probably knew that I was gay since I was younger, but I fought it. I went to school with the same 16 kids each year. I knew that I tended to develop crushes on my friends who were girls. As for the guys, I wanted to be their best friends, but had no desire to date them.
At 24, I walked into my first gay bar in New York and immediately thought, "Oh, these are my people."
Kurt Kelly and Stacy Lentz heard the Stonewall Inn was shutting down in 2006.Photo Credit: Zach Hilty, BFA.com
I took on credit card debt to buy the Stonewall Inn
After that, I spent a lot of time in LGBTQ+ bars. There was a piano bar three buildings down from The Stonewall Inn that I just loved. Having grown up as a theater kid, being in a piano bar in New York City has always been fun. I became a regular there, and befriended the manager, a man named Kurt Kelly, who has since become like a brother to me.
I had walked into the Stonewall Inn before, in the 90s. At the time, I knew a bit about the significance, but the site wasn't being treated with any historic reverence. Then, in 2006, Kurt and I heard that the Inn was shutting down.
We realized we had a chance to preserve history for our community. So, along with two other partners, we bought the Stonewall Inn. I had to go into credit card debt to do that, but this was a once-in-a-lifetime opportunity.
Stacy Lentz says it's her mission to honor the legacy of the Stonewall Inn while taking action for the future of the LGBTQ+ community.Photo Credit: Bre Johnson, BFA
I haven't made much, but it's not about the money
My background is in marketing, and by that point, I had become a vocal advocate for the LGBTQ+ community. I knew I could help make the inn a success and raise its profile. Still, the first year was really difficult. We had a roof collapse and needed to put a lot of work into the building.
I made my investment back within the first couple of years, but I've never made much money from the bar. We're very transparent about that. Our rent is $55,000 a month. That's a lot of vodka soda to sell.
For me, it's never been about the money. That wasn't the point. I see myself and my co-owners as stewards of this place. When we purchased it, there was nothing about the history of the Stonewall Inn displayed. Today, there are historic artifacts, including the original "raided property" sign from 1969. Upstairs, we have a community center where we host everything from fundraisers to weddings.
The recent Stonewall Inn Gives Back Initiative Pride Kickoff event.Photo Credit: Bre Johnson, BFA
We're honoring the legacy and continuing to take action
Owning the Stonewall Inn has been the responsibility of a lifetime. It's not just about keeping the lights on; it's about keeping the mission alive.
My co-owners and I believe that queer history can't be preserved without providing for queer futures. In 2017, we started a nonprofit, the Stonewall Inn Gives Back Initiative. We provide safe-space training to other establishments, and also provide support to the LGBTQ+ folks in the places where it's most difficult to be queer, like Mississippi, Uganda, or Kansas, where I grew up.
The nonprofit has a small budget of between $60,000 to $120,000 a year. Still, it's something my co-owners and I are really proud of. If we rely on our legacy, without continuing to take action, it just becomes branding. That's why we're determined to not just honor the Inn's past but to also have a real impact on the future of the LGBTQ+ community.
Read the original article on Business Insider