[EVG photo from last week]
Back on Oct. 21, signs arrived on the front door of Nino's on Avenue A at St. Mark's Place noting a closure due to a gas leak in a building next door. A similar sign arrived a storefront away at Yoshi Sushi, 131 Avenue A.
Now, the landlord of both businesses have served eviction notices.
Nino's has five days within service of this notice to respond… the legal documents taped to the door states that the October rent is due (with interest) for the sum of $22,549.93…
The situation appears more dire at Yoshi Sushi …
… where the legal documents state that the owners need to pay more than $42,000 in rent and penalties dating back to September…
Updated 5 p.m.
An EVG reader notes that at Nino's, someone has removed the eviction notice that arrived this morning… and there's a new sign noting that Nino's will reopen…
On the Yoshi notice you can see how property taxes are killing small business and is the largest factor in the whole unaffordability crisis. Out of their total rent of 16,085.41/month rent approx. 39% of that goes towards property taxes that are passed along by the landlord.
ReplyDeleteI'm not sure why Nino's is closed for this long, due to a leak next door.
ReplyDeleteYikes. I thought it was odd both were closed for so long. That entire block, including 10 degrees are all on the chopping block. I wonder why? Shady.
ReplyDeletethey need to make better pizza
ReplyDeleteAnother pizzeria should open there. What about Joe's?
ReplyDelete@10:30 You mean the ~10.5% rate on this table?
ReplyDeletehttp://www1.nyc.gov/site/finance/taxes/property-tax-rates.page
To me it seems like the landlord is incorrectly classifying an expense and blaming it on the city. Either that or it's a flat unpaid balance that is getting carried from month to month.
Excellent sleuthing, Carlos.
ReplyDeleteThe rent per month is $9,800 yet the monthly tax is $6,000? Uhm....
ReplyDeleteSomething horrendous like another fucking sports bar will probably move into Nino's and my guess a pamper business like nail salon for the Sushi joint. GRIEVE!
ReplyDeleteI don't know how it works with these small commercial leases but in the typical office leases I work with the tenant pays a monthly estimated amount (also referred to as an escalation) that gets reconciled to the actual tax amount. The escalation refers to the escalation from the base year - the base year is year zero and then you pay a percent if the increase over the base year based on the rsf of your lease. Just think, every 10 years the owner is paying back the value of the property to the State (in this case the City). Most people have no idea how expensive it is to operate a commercial space in this city.
ReplyDeleteI love Nino's walk up counter from the street! It's a pretty good (not great) slice in a rush!
ReplyDeleteTHIS IS BULLSHIT.
ReplyDeleteJoe's is not good, their sauce is severely lacking. Nino's belongs at Nino's, goddammit.
ReplyDeleteproperty tax is theft by the criminal entity known as the State, in this case the one at Havana on the Hudson
ReplyDeleteCarlos,
ReplyDeleteMost commercial leases include a portion of the property tax increase over a base year (usually the year the lease is signed). In Yoshi's case it looks like they are paying $74,724 in property tax increases spread over monthly increments. Add that to their $9881/month rent and they are paying 16k a month in rent.
Also they are probably taxed as a Class 2 property which is a commercial tenant and more than 11 units of residential above which is 12.883%, even higher than the 10.5% which is Class 4 (all commercial/no residences)
ReplyDeleteList the remaining East Village pizzerias which sell slices besides Ray's Pizza Bagel Cafe if/when Nino's closes (East Village defined as bordered by the south side of 14th Street, the east sides of Third Avenue and Bowery, and the north side of Houston Street to the East River.)
ReplyDeleteSolo Pizza! Best hands down. And no, I'm not a shill.
ReplyDeleteTwo Boots (A+3rd),
ReplyDeleteLebrini (C+3rd),
Solo - already mentioned
The place on 11th just west of B - I forget the name
That's four.
Anon. 4:27PM - Nonna's on Avenue A between 12 and 13. Vinny Vincenz on 1st and 13. Only 2 I patronize so that's all I can offer.
ReplyDeleteStromboli's on St. Mark's & First Ave.
ReplyDeleteTwo Boots is the only one of the bunch I patronize because they actually acknowledge that vegans exist and want to eat something more than salad. November is World Vegan Month, and while they aren't featuring all their vegan specialty pies at this location, they are far-and-away more vegan-friendly than most pizza joints. (And they can make you gluten-phones a gluten-free crust if you so desire.)
ReplyDeleteIs Iggy's still on 1st avenue between 11th and 12th? Real old-timers might remember when it was Five Rose's [sic] and before that RoseMarie's; that was a great business run by a great woman—and her daughters.
Iggy's sells slices. Didn't use to like them, but quality has improved lately. Plus they have a 2 plain slice + soda or water deal for $5 during the day.
ReplyDeleteRays Pizza and Bagel Cafe the best hands down
ReplyDeleteMuzzarella > A btwn 13/14
ReplyDeleteMuzz's is and has been the best on avenue A.
ReplyDeleteVinny Vincenz is decent as well...
Our landlord. Passes on the property tax increase in a lump sum bill once a year. It is made worse by the fact that every year the city's assessment of the building's value skyrockets, and we have no way of calculating or predicting what the amount will be.
ReplyDeleteSo the lesson is don't bother opening a mom and pop business in NYC, it's finished.
ReplyDeleteYes individuals with small businesses seem to have been priced out. Venture Capital only, you peasants!
ReplyDeleteHOORAY, I love you Nino's! I will be there for my pie when you reopen.
ReplyDeleteAgreed. The days of mom and pop places are done. It is quite sad actually. Thus is change.
ReplyDelete@Scuba Diva
ReplyDeleteI never feel good when I eat Two Boots. Nino's was doing gluten-free crusts. I was gonna ask them to do vegan pizza with Daiya cheese because it's soy free and brings in more customers. I liked this other one thats gone Cafe Viva.
...miss Viva for vegan. Iggy's is good (and I do remember the previous versions!) Stromboli once in a while. Gotta try the Muzerella.
ReplyDeleteif you're above 10th and west of 1st ave, do yourself a favor and go to mariella on 3rd and 16th. best slice in the city, imo
ReplyDeleteI notice many buzzwords like gluten free and vegan peppered throughout the comment section... I wonder, could these people handle the average NYC slice circa 1986 without complaining to the guy heating it up that the ingredients aren't organic?
ReplyDeleteJoe's- Carmine or 14th is fine by me... Artichoke- too expensive, but good...Nino's not a bad slice...my 2 cents!
ReplyDeleteWell, I've always liked Nino's... and Stromboli... and Solo... and Two Boots. I'm happy with any of these. And I need to try Nonna's on A.
ReplyDeleteSo I have this narrowed down!
Mariella's!!
ReplyDeleteI wish no local business owner trying to feed their family any pain but if were going to talk simply aesthetics and it's that only Ninos Pizza is absolutely horrible
ReplyDelete