Full Buyout - exclusive access. A 2hr rental includes a pre-purchased minimum spend of $8000. The Folly is a nautically themed bar and restaurant located in lower Manhattan, with a focus on seafood and rum cocktails. We are available for all sorts of events, semi-private or fully private. Our venue is a perfect event space for groups of 20 up to 150 people. We have three distinct areas: the main barroom, the center room, and the mezzanine. The mezzanine will accommodate groups of 20-30 people, while the center room can accommodate groups of 40 - 70 people. Or both spaces can be combined to accommodate groups of 70-100 people. Finally, the whole venue can be reserved privately for groups of 100-150 people. The venue is also available for film and television productions, photoshoots, and corporate events.