Thursday, February 20, 2014
Alphabets is closing, and moving to its other store on Avenue A
Last July, Alphabets opened a new outpost at 64 Avenue A for its gift shop ... this was done ahead of a planned move from its home of nearly 30 years at 115 Avenue A... As you can see from the sign above, a moving sale is underway...
According to public records, the building at 115 Avenue A was sold in August 2012 for $3 million. The LLC that bought the building shares the address as the notorious 9300 Realty (owned by Croman Realty). A tipster told us that Alphabets could not negotiate a new lease.
Per the sign: "We are not throwing in the towel — in spite of the rising rents in our neighborhood."
We're happy that they're sticking around…
[The newer Alphabets at 64 Avenue A]
Previously on EV Grieve:
Alphabets opens new outpost on Avenue A