There was a time in New York City's history, back in the heady days of "a few years ago," when nightlife queen Amy Sacco's life was a worthy item of gossip. She was at the center of an entire universe of celebrities at their most glittering. Today, she's worth chronicling mostly as the living embodiment of the transience of nightlife fame. And a new profile of her in Page Six Magazine (by former Gawker-er Joshua David Stein) can be seen as a grand requiem for Sacco and her Bungalow 8-driven empire. Nothing lasts forever... Sacco's rise to fame is familiar by now. She's just a Jersey girl who came to New York City, worked in the restaurant business, and made some important friends who eventually bankrolled her first club, Lot 61. She hit her peak with the opening of Bungalow 8 in 2001, which succeeded in turning the once-barren area of West Chelsea into the club capital of New York-to the point of destroying the exclusivity and isolation of the neighborhood that helped attract the top models and A-list celebrities to Sacco's clubs in the first place. But Sacco's more recent history is one of unmistakable decline. She opened a Bungalow 8 in London, which received (and still receives) a tepid reception from the locals. Bette, the restaurant Sacco opened as a "neighborhood joint" near her own Chelsea apartment, closed without warning earlier this summer. She got a slew of nightlife and image consulting jobs that, while lucrative, aren't nearly as glamorous as her former life as an NYC tastemaker. And she says she's simply getting tired of it all:

After three decades in the game, she was bored and worn out. As Amy admits, "If I'm bored, I'm just miserable and I think that translates."... "I'm in Vegas, London and New York," Amy says, "and I'm adding to my calendar. I definitely want to go to Dubai." When she'll return home is unclear. She's been renting an apartment in London since November. "Certain people bitch and moan because I'm not in New York," she says, "but I can't be everywhere. I deserve to have a life."

Now she has a new, younger boyfriend-London chef Andrew Lasseter-and says vaguely that she's "gone into hedge funds and finance." That presumably would help with the $179,000 tax lien leveled on her apartment, which Stein says may or may not be cleared up by now. Of course, money shouldn't really be a problem for Sacco now. She talks about wanting to "reap the fruits of my labor," and no one would deny her the privilege. But that may involve her acknowledging that her moment is past, and ceding the nightlife crown to a new generation. Bungalow 8 is no longer hot in New York, and Sacco's decision to take the club to London rather than, say, Vegas when it was still popular may have cost her the chance to cash in on brand at its height. People get older, and stop clubbing as much. In the same way, club moguls see their popularity wane as their proprietary crowd gives way to newer, younger stars. So what? Amy Sacco can either move into the more serene field of hotels, like Ian Schrager, or hang it up altogether. Less buzzing around is usually a healthy thing. [P6 Mag]