Saturday, April 6, 2019

Last weekend for Jerry's New York Central on 4th Avenue

Jerry's New York Central is closing after the business day tomorrow (Sunday). Store signage here on Fourth Avenue between 11th Street and 12th Street notes up to 70 percent off on items...

No one from Jerry's responded to our queries about the reasons behind the closure.

As previously noted, this location is an offshoot of Jerry's Artarama, a 15-store art-supply chain headquartered in Raleigh, N.C.

Jerry's opened on Fourth Avenue in late 2013, taking over the space from Utrecht Art Supplies (now Blick), who moved into a new store on 13th Street between University and Fifth Avenue. (As reported in October 2013, Jerry's signed a 10-year lease for 4,452 square feet of ground floor space. Asking rent for the deal was $125 per square foot, per a release announcing the deal.)

As New York Central Art Supply was preparing to close at 62 Third Ave. in 2016 after nearly 111 years of business, Doug Steinberg worked with David and Ira Goldstein, who own Jerry's, to acquire the remaining paper inventory of the store.

With Jerry's closing, the Blick outposts at 1-5 Bond St. and 21 E. 13th St. will be the remaining art-supplies stores in the immediate area.

Previously on EV Grieve:
Jerry's New York Central is closing on 4th Avenue


Anonymous said...

An employee indicated that it was the co-op board imposing a rent increase.

Anonymous said...

The greedy have won; the artists don't matter any more (unless they're already dead & the auction houses can get rich from selling their stuff).