The owners of Fontana's will be closing their bar and performance venue at 105 Eldridge St. this spring, The Lo-Down reports today.
Proprietors Holly Ferrari, Mary Finn and Deannie Wheeler told The Lo-Down that "it has become increasingly hard to be an independent business in New York city without compromising your vision." With a new lease, their monthly rent in the space between Broome and Grand would have exceeded $30,000.
They haven't set a closing date just yet.