[Image via Facebook]
The rumors about the demise of Cafe Pick Me Up have turned out not to be true. However, the 20-year-old cafe, which has been on and off the market the past year, is losing its prime corner space on Avenue A and East Ninth Street.
Cafe Pick Me Up currently occupies two adjoining spaces in two different buildings, and each side has its own lease. As Lisha Arino reported at DNAinfo, the lease on the larger corner property expires in May, when they will move the operation entirely next door. (The kitchen is also in this space.)
A rent hike is to blame, manager Rossella Palazzo told DNAinfo.
“I don’t know who can afford that much rent,” she said, declining to say how much the landlord charged. “I know it’s a nice location on the corner but it’s way too much for what they’re asking.”
Icon Realty bought the building at 145 Avenue A for $10.1 million last April, according to public records. At least two of the storefronts on the East Ninth Street side have vacated the building apparently due to rent hikes.