Bowery Coffee and Basement Antiques Store Forced from the Bowery

Posted on: January 15th, 2015 at 5:10 am by
This image has been archived or removed.

Two losses for the Bowery environs…

Earlier this week, the always-pithy sandwich board outside Bowery Coffee advertised an ominous message. “Fin” – Latin root meaning “end” – was written clearly on both sides. That’s right, the java joint at 89 East Houston is no longer with us.

Bowery Coffee closed for good after business yesterday evening. While a former employee tells us that the cafe simply “was no longer economically feasible,” the story is deeper than that. Especially since the small cafe seemed popular with the locals. Apparently the landlord refused to renew their lease. Not only that, owner Gadi Gilan reportedly must also vacate the basement level, which was heretofore home to his antique store B4 It Was Cool. That business survived over two decades in this spot, selling quirky light fixtures and sundries to the likes of Susan Sarandon.

This image has been archived or removed.

Thus concludes three years of Bowery Coffee at 89 East Houston Street. It debuted in October 2011 after Gilan shifted the antique shop down to the basement.

Food for thought – this property was sold in 2013 as part of an 11-property Bowery portfolio that fetched $62 million. Lucky owner is Joseph Betesh (pka Milestone Equities), whose family owns the Dr. Jay’s streetwear empire. More monied retail likely sought.

What was your take on these two establishments?

Recent Stories

Developer Begins Demolition of Rutgers Street Playground for Temporary Parking Lot

Demolition work began this week on a Lower East Side park that is a focal point in the tension between the community and developers on the waterfront. The backhoes are out and job now underway at Rutgers Park, the small public space beside the Lands End II residential development. Removal of the playground began yesterday, including […]

The 3 Lower East Side Walk-ups that Sold for $35M

Earlier this month, we reported that SMA Equities, the Long Island real estate firm with controversial history on the Lower East Side, sold a portfolio of its area properties. SMA unloaded three tenement walk-ups to Daniel Fishman of GAIA Real Estate – 102 Norfolk Street, 177 Ludlow Street, and 99 Allen Street – for an […]

H&M Debuts Pop-up Hotel on the Bowery this Weekend

Fashion retailer, H&M, is headed to the Lower East Side this week with a pop-up hotel concept. Starting tomorrow, prospective guests can access the so-called Hotel Hennes via the eponymous 3 Freeman Alley. The three-day publicity stunt will be open through Saturday, from 2 to 9pm. Guests will be able to check in for an […]

Sneakerhead Arrested for Knifing Customer at Hypebeast ‘HBX’ Opening on Division Street

A watershed moment for Hypebeast transformed into a melee on the Lower East Side last week. The Hong Kong-based fashion and lifestyle publication on Friday officially debuted in the seven-story commercial loft building at 41-43 Division Street. Its ground-level store – dubbed HBX – attracted a queue of sneaker heads waiting for a limited edition Nike […]

Arsonist Torches Eldridge Street Beauty Parlor

Two people were injured yesterday evening after an arsonist set ablaze a beauty parlor on Eldridge Street, according to several published reports. The incident transpired shortly before 5:00pm at the Sa Sa II Beauty Salon, located at 129 Eldridge Street. Cops said the suspect poured gasoline inside the store and set it on fire. (Initial […]