The clubs were the site of violent fights, including a brawl between Drake and Chris Brown.
The back-to-school event will take place this Saturday at Roy Wilkins Park.
The owners of Greenhouse and W.I.P. failed to keep the hotspots safe, a judge said.
Brown was reportedly spotted leaving Rihanna's hotel in Manhattan.
Lequan Clark, 24, a former promoter at Greenhouse, was charged with raping a woman in July 2010.
Model Romain Julien is suing musicians Chris Brown and Drake over the brawl at a SoHo nightclub.
Owner of Greenhouse trademark sues Chris Brown and Drake over their bloody bar brawl.
The Hudson Square clubs WIP and Greenhouse will reopen Tuesday, a statement from the owners said.
Police tried to shut down the WiP club for months before Chris Brown and Drake allegedly scuffled there.
The State Liquor Authority revoked the liquor license of WIP and Greenhouse after a wild fight there.
NBA star Tony Parker said glass cut 99 percent of his eye during a wild club fight at WiP.
A bouncer was clawed in the face at the Hudson Square club and another man was shot and killed outside.
Tony Parker sued W.i.P club for $20 million, claiming his cornea was scratched in the Brown-Drake melee.
Though 40/40 Club's Manhattan location has bottle service, its new Barclays Center outpost won't.
Staten Island resident Vladimira Brace said she was trampled by the panicked crowd at WIP last week.
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