On this date in 1977 the iconic nightclub first opened its doors. Hopefuls lined up around the block just for the chance to be picked to dance the night away at the hottest spot in town.
In honor of the anniversary, Life Magazine has created a slideshow of photos from Studio 54's heyday. Among the celebrities spotted in the black and white images are Yul Brenner, Martha Graham, Liza Minnelli, Mikhail Baryshnikov, Brooke Shields, Gloria Swanson, Dolly Parton, Farah Fawcett, Blythe Danner, Gwyneth Paltrow, Michael Jackson, Grace Jones, Cher and Olivia Newton John.