As you may have noticed, a new outpost of Alphabets opened Saturday on Avenue A between East Fourth Street and East Fifth Street... the gift shop, which has been around since 1985, is located at 115 Avenue A near East Seventh Street... However, as we understand it, this location will be closing in the coming months...
According to
public records, the building at 115 Avenue A was sold last August for $3 million. The LLC that bought the building shares the address as the notorious 9300 Realty (owned by Croman Realty). A tipster told us that Alphabets could not negotiate a new lease. Thankfully, they found a nearby space.