It was a combination of things. Drop in sales/poor economy, a lot of stores went out on the block so there is not that much foot traffic, the rent is high and Fred Perry opened a store down in SOHO which took a lot of our business. Everything did not happen all at once but it all happened within the past year and has gotten us to where we are now.
[T]here were also many hardships in running a café that could barely stay afloat. Kathy held an office job in midtown and all the work was straining her marriage. The couple split in 1984 and David wanted to sell the café. Kathy refused and resolved to run it by herself, just as New York City sank into the crack epidemic and the East Village swarmed with unpredictable junkies.
"It was hard for us working in a little neighborhood café, forced to do drug intervention, something we weren’t trained in or prepared for," she said. "We had people shooting up and OD-ing in our bathroom and things were getting pretty ugly."
[I]s currently undergoing a complete renovation including new building systems, core and shell. The property is zoned R8-B. The property is ideal for schools, universities, museums, college dormitories, medical offices, hospital, foundations, nonprofit institutions and related facilities.
Ownership will consider all offers to lease or purchase the entire building. In addition, ownership will consider the creation of a “building-within-building” allowing for multiple entrances and uses within the property, including the possibility of leasing individual floors and selling portions of the building as a
commercial condominium.
Royalton's latest property is at 319 East 10th Street -- a prime NYC rental building located on a picturesque tree-lined street on the edge of the trendy and exciting East Village. The 3,500 square-foot home includes three fireplaces and 12-foot ceilings as well as views of Tompkins Square Park.
This stunning 3/4-bedroom, 2.5-bath triplex is being newly renovated in an existing townhouse, making this a rare opportunity for you to build to specification. The property already boasts amazing southern light, new oak floors, abundant storage, a full washer and dryer and world-class finishes like gorgeous arches.
A huge chefs' kitchen with super high-end appliances opens into a large dining area that spills into the living room with high ceilings, an amazing wood-burning fireplace, and stunning windows. The baths are elegant and beautifully appointed.
The property also includes 1,000 square-feet of outdoor space along with a fire pit and a rotisserie grill - perfect for entertaining friends and family in the upcoming summer months!
You even have a private entrance on the ground floor. Prospective renters can consider a one- to five-year lease. The asking price is $13,500.
