New York has never met a comeback it didn’t love—and this one comes dressed in a bomber jacket.

Nearly a half-century after Members Only became a uniform of American cool (seen on Frank Sinatra, Andy Warhol, Clint Eastwood and basically every Beastie Boy), the iconic '80s brand is stepping off the pages of and into real life with a brand-new bar-meets-showroom in Greenwich Village. (And judging by recent sightings on Drake, Anne Hathaway, Mariah Carey and Zayn Malik, Members Only is still very much having a moment.)

The new three-level space at 53 West 8th Street feels like the brand distilled into brick and mortar: it’s part fashion moment, part downtown hang and part time warp. The ground-floor bar is the most obvious crowd-pleaser, anchored by dramatic black-marble and a mirrored ba

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