Wednesday, April 26, 2017

The rent is due at Watch Witch on St. Mark's Place



Watch Witch, the specialty food shop at 115 St. Mark's Place between Avenue A and First Avenue, has not been open since the end of December.

We've been waiting for a for rent sign to arrive on the space. However, on Monday, legal papers were attached to the front door... noting that the latest rent is due. In total, the operators owe a little more than $7,500, which includes the $4,699 rent, $2,256 real-estate tax escalation, $500 legal fee and $100 late fee. (So, even though the storefront was closed, someone paid rent January through March?)

The shop opened in early November, and sold a variety of specialty sandwiches, cured meats, artisanal cheeses and drip coffee, among other items. The previous tenant, Box Kite Coffee, closed just as abruptly last August.

3 comments:

  1. The rent is too damn late!

    ReplyDelete
  2. Was this the same owner as Boxkite? That may have been the problem. The coffee place was rude to people who weren't their friends, then left that passive-aggressive note upon closing.

    ReplyDelete
  3. This business opened in November and closed in April, owing thousands of dollars. This means that the owners assumed they were going to cover all of their expenses solely from sales within just months of opening. Bad business sense - it takes much longer to build a reputation and customer base. To many businesses are opening in the EV without enough capital to begin with and then are gone in 6 months.

    ReplyDelete

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