And there are no Rabbis are willing to stand up to them?
They are donating several times what they spent on the party to Mosdos and the fact is that the venue is not ostensibly problematic; they aren’t promoting mixed genders interacting outside in the surrounding area any more than Chaim Berlin, which had the same issue, nor are they out to intentionally intoxicate underage bochurim. It’s likely that most of these bochurim would get their hands on alcohol at one of the hundreds of othe venues where there is limited supervision, so to ask rabbonim to condemn these specific events is tough. To condemn every venue where there is limited supervision is as useless as yair Hoffman suggesting that everyone give out Snapple....
I find the over the top indulgence and gluttony and craving for status and recognition that are a focus at many of these events distasteful and something that Achashverosh might be more comfortable with than Mordechai but I can say the same about indulgence and gluttony with many pesach hotel programs, and a good chunk of the DDF trip reports, so let’s keep this in perspective....