Only the most ludicrously expensive will survive.

The situation playing itself out among the Masters of the Universe – a sort of survival of the richest — will likely parallel what happens in New York nightlife. Mediocre clubs that hopped on the bottle service bandwagon will see their clientele dry up, while shops run by people whose entire business strategies can be summed up by “models & bottles” may take a hit but will continue the bottle service tradition.

Nightlife veteran Goodnight Mr. Lewis has this to say about which of your regular spots will survive the Wall Street Crisis:

The consensus is that Tenjune and clubs which cater to the Wall Street crowd will be most affected and that the highest end joints like 1 Oak and Rosebar will not see a difference. I believe Tenjune, Marquee and those “types” of joints will do just fine because of brainpower at the top … Those in trouble are the marginal places run by fairly inexperienced operators who came in on the big wave of the model/bottle era and will surely crash into the beach.

And indeed, banker-fave Marquee will not be shuttering its bottle service, though sales are down 10%. Says Strategic Group’s Noah Tepperberg: “Marquee will 100 percent continue to do bottle service.”