The famed downtown New York City music venue CBGB has been closed for seven years. But its legacy lives on through the many iconic and enduring punk and New Wave acts who got their start there in the 1970s. Now the story of the club and its founder is being told in the new movie -"CBGB", starring Ashley Greene and Johnny Galecki.

Ashley Greene and Johnny Galecki attend the after party for the CBGB West Coast Premiere Powered by Ciroc at Hemingway's Lounge on Tuesday, Oct. 1, 2013 in Beverly Hills, Calif.

The iconic Manhattan club CBGB is coming to a big screen near you.

The club was founded by Hilly Kristal in 1973. And over the years, it helped spawn the careers of such acts as the Ramones, Blondie, the Talking Heads and Television.

Actress Ashley Greene talked about working with Kristal's daughter to give an authentic portrayal of the club.

"Hilly passed away. But Lisa, his daughter, who I portray in the film, she was the executive producer on the film. At first it was intimidating, then it was an advantage I think to have her around. You can kind of go straight to the source and ask whatever questions you have." Greene said.

Though its glory days are long gone, CBGB has remained a symbolic fixture on the Manhattan scene. The final chords reverberated off its sticker-covered walls in 2006, ending 33 years of music.

Actor Johnny Galecki, who plays a band manager in the film, talked about the enduring importance of the venue.

"It was really many different bolts of lightning that struck in this one room. I would have love to have been. It must've been incredibly exciting time. At the same time, I don't know if you are aware of the cord that this is striking on a scale of society. The history that it will become." Galecki said.

With a capacity of barely 300, CBGB was founded as a place of freedom for different musical acts.

Though its letters stand for the music Kristal originally planned to present there - country, bluegrass and blues - it quickly came to represent the physical epicenter of early punk and the storied downtown scene of 1970s New York.

And the film crew worked hard to bring this special era to the screen.

"Being onset was really fun. Because the everyone was really committed to this. It was very important for everyone to do the best job they can possibly do. Because it is such a monumental moment in a lot of people's lives. So it was really cool to sit there during these shows and watch people perform. Because you really felt like you were in it." Greene said.

"CBGB," opens across the United States on October 11th.

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