Oxford Street

First, it was the roof collapsing, now it's the business: Stonewall Hotel Pty Ltd, the company behind the Oxford Street gay bar Stonewall Hotel, which was recently acquired by US-based Pride Holdings Group, has fallen into administration.

US-based Pride Holdings Group, which acquired the Stonewall Hotel business in Darlinghurst last year, has secured a 10-year lease over the former Kuleto's cocktail bar in Newtown as part of an expansion of the Stonewall brand into Sydney’s inner west, with an opening planned for January.

A man who hurled homophobic abuse at a staff member inside Oxford Street queer bar Universal Sydney has been sentenced after pleading guilty to intimidation, according to reporting by The Daily Telegraph.

After years of feeling like they didn't fit into Sydney's drag scene, local performer Crème recently claimed a standout victory – taking home $10,000 as the winner of the annual Slay 2 Stay drag competition at Oxford Street's Universal nightclub.

Stonewall Hotel’s former co-owners were bought out by the venue’s new American owner using shares valued at $US6 million ($A9.2 million) when the deal to acquire the Sydney gay bar was struck – stock that has since more than doubled in value.