Owners of Penny and Claud looking at 12th Street space for possible new project

Updated: A spokesperson said the restaurateurs "are just exploring the 139 E. 12th St. space, and a lease has not yet been signed."

As we've noted elsewhere, an application doesn't guarantee a concept will move forward — as we saw in December 2023 with the Paulie Gee's outpost that never materialized at 107 First Ave., now home to Adda Indian Canteen (among other examples).

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Joshua Pinsky and Chase Sinzer, partners in the acclaimed 10th Street restaurants Claud and Penny, have plans for a new wine bar called Cache, two blocks north of their current establishments. 

The two have applied for a tavern wine license for 139 E. 12th St. at Third Avenue, a small space with four tables for 14 diners and a bar with four seats. 

There's an equally small French-inspired menu, as seen on the application on the Community Board 3 website ...

Given the method of operation, the applicants will not appear before CB3's SLA committee when it meets on May 19. 

Pinsky and Sinzer opened Penny, a raw bar and seafood counter, in March 2024, a flight of steps above Claud at 90 E. 10th St., which opened in September 2023 between Third Avenue and Fourth Avenue. 

The last tenant here on 12th Street, Tacombi, closed for renovations last September and never reopened.

This hasn't been the easiest spot to make work for any length of time. Other recent casualties include iSouvlaki and Greekito. The Wayside lasted six years.