Friday, February 17, 2017
M2M, the Asian convenient store that opened in 2002 on Third Avenue at 11th Street, is closing tomorrow, workers confirmed.
The closure was expected at some point early this year after Wagamama, the London-based chain of Japanese restaurants, signed a lease last summer for a retail space here at 55 Third Ave., aka Eleventh and Third, the 12-floor, recently luxurified building.
In 2014, these commercial spaces hit the market for $25.5 million. The listing at the time noted that M2M's lease was up in 2017. (Next door, The Smith's lease is through 2027.)
Last summer, an EVG reader said that an M2M worker divulged that the grocery would be moving when the lease was up. "The employee was very talkative about it. Said it was going to be within five blocks of the original store and probably going to be bigger. Still trying to figure out their likely spot because of limited spaces that size in the area."
So far, there aren't any signs up in the store about either a closure or relocation. A worker was noncommittal about a move, only saying that the store was closing.
As for Wagamama, there hasn't been any announcement about when they open in this location. (They were up for a beer-wine license via CB3 last fall.) The first NYC Wagamama — there are more than 140 worldwide — opened in November on Fifth Avenue at 26th Street.
Check out this post for news on where M2M is relocating.