Time Out says
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Teragram Ballroom is a brand-spanking new, 600-person live music venue on the border of Westlake and Downtown, just down the street from Monty bar. Shows here are pretty consistently indie rock, which makes sense: owner Michael Swier is the man behind New York City's Bowery Ballroom, Mercury Lounge and Music Hall of Williamsburg (some of the best live music staples on the east coast). Shows are priced between $15-45, and you can grab a bite beforehand at the venue's built-in bar and restaurant—one that may eventually be open during regular daytime hours. And if you're wondering where the name Teragram comes from, it's "Margaret" spelled backward; Margart is Swier's late wife who helped him open his original venues back in New York. Quite the tribute.