New Copper Penny (closed) (Portland, Oregon)

 night club, closed

"For four decades, the New Copper Penny has been Lents’ defining nightspot. With its towering sign featuring a glowing red profile of Abraham Lincoln, it may be the most recognized landmark in East Portland. It has been the setting for Outkast dance parties, weddings, bikini contests and countless off-track bets on horse races.
"The New Copper Penny is also everything city officials do not want Lents to be: dated, disreputable and a little dangerous.
"The PDC has another vision for Lents: It wants the neighborhood to become a success story for Portland planning, with the variety of shops and restaurants that have transformed places like North Mississippi Avenue and Northeast Alberta Street. And securing the land on which the New Copper Penny sits is key to that vision.
"[Club owner Saki] Tzantarmas’ view is simpler: He wants $5.5 million to go away."