Melvin Benn is insisting that, after it's been knocked down and Crossrail completed, a new Astoria will arise in place of the old Astoria:
"It is a sad day for music fans who are losing out to long planned and long awaited progress of London's transport system," he explained.
However he added it was not the last of the Astoria: "We can do no more than celebrate how good it was and look forward to its replacement being born when construction begins."
It's possible that the current downturn might help the Astoria's chances of being rebuilt - after all, if nobody is going to want to pay top dollar for land for chi-chi flatlets or high-end retail, you might as well reconstruct the steady-earner of the Astoria on the site.
Still, it's nice to hear good news from Benn for a change.