Kristal, 75, founded the legendary rock club CBGB and ran the club for 33 years. A singer and songwriter himself, Kristal opened the club to showcase "Country Bluegrass and Blues"; instead the club became a breeding ground for Punk rock. Among the many acts that called CBGB home were Blondie, the Talking Heads, Television, Living Color, Patti Smith and the Ramones. The club closed in October 2006, but CBGB continues, with a retail store in New York City and worldwide merchandise sales; in addition, there currently are plans to open new CBGB clubs in several locations.

Kristal is survived by his daughter, Lisa Kristal Burgman, son, Mark Dana Kristal, son-in-law Ger Burgman, grandchildren Jenny and Adam Burgman, CBGB, and the thousands of artists and musicians who played the club.