Catch A Rising Star — the New York comedy club that burned brightly two decades ago but slowly fell — will be born again May 9.

It was 1972 when Rick Newman created a base for then-no-name comics such as Robin Williams, Andy Kaufman, and Billy Crystal. ''For a newcomer, it was a gymnasium so you could 'work out,''' says Crystal. ''And when it was good it was like Las Vegas, even though you were working for just a meal.'' Newman sold it in the '80s; the new owner nationalized a Catch chain but filed for bankruptcy in 1993, forcing the landmark Manhattan location to close (clubs in Vegas, Philadelphia, and Princeton, N.J., remain). Now Newman, 54, is back as co-owner to work his magic again. On April 24, CBS aired a salute that included nostalgia trips from alums like Williams, Crystal, and Robert Klein. And the New York Catch will reopen as a reconceived ''variety club'' featuring music, a restaurant, even monitors so comics can experiment with video. The first headliner? Catch's big find of 1973: Richard Belzer. ''It's coming full circle,'' Newman says. ''Kind of like coming home.''


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