Some possible good news for fans of Army & Navy Bags, the 40-year-old shop at 177 E. Houston St. between Orchard and Allen.
DNAinfo's Serena Solomon reported yesterday that the shop will likely be able to remain open after its landlord Serge Hoyda agreed to a lower rent increase than he had initially offered.
Last month, Hoyda said he would nearly triple the $3,800-per-month rent for the 300-square-foot space, as BoweryBoogie
first reported.
The new leases isn't a done deal. The landlord is still drawing up the papers. There was also a demand to "improve the front of the store to look more like other tenants along the block, including the pricey new restaurant Preserve 24, Russ & Daughters and American Apparel," Solomon wrote at DNA.
[Image via
Yelp]
