After a career in his family’s successful chain of MRI centers, where he remains a regional director, Damadian came into some cash when the family sold its centers to a large health corporation. Seeing the stock market falling, he looked around for alternative investment opportunities. He lives on the Upper East Side, upstairs from the original Aces and Eights at First Avenue and East 87th Street, and had watched it grow into a successful bar under the leadership of owner Solomon Eljashev. The two men had become friendly, and eventually struck a deal for Eljashev to open the East Village branch with Damadian’s money.
If he is able to reopen the bar, Damadian says, he would like to establish an upscale tapas lounge in the upstairs space, where business people can meet quietly. The downstairs space, which garnered a reputation as a rambunctious “frathole” during its tenure, is still home to a pool table, but Damadian would like the bar’s critics to know one thing: “The beer pong is gone,” he says.
“We generated over 30 offers in under 45 days,” said First Vice President of Sales, Joe Sitt who exclusively handled this transaction with the assistance of Massey Knakal’s Special Asset Strategy Group. “The buyer is a known and respected developer who performed as expected on a two week T.O.E. close. It just goes to show there is always strong demand when locations are prime,” added Sitt.
Ronnie," the out-of-work Wall Street banker who last summer started grilling the sandwiches in his East Village apartment and selling them on street corners, parlayed the health-code-violating gig into a real restaurant job.
"It was nice being an outlaw for a while," the secretive cheeseslinger told The Post. "But starting Monday, I will be the manager of a high-end American restaurant in Midtown."
"In the 20th century, it became a home for artists. Painter and photographer J. Forrest Vey lived there after WWII. He rented the upstairs dormer rooms for $5 apiece to people like Joel Grey, star of Cabaret, and Claude Brown, author of Manchild in the Promised Land.
Mr. Vey once broke into the attic, which had been sealed ever since a man hanged himself there. He found Civil War newspapers, a stove-pipe hat, a sign that said '5-cent Hot Whiskey,' and a noose."
Papa John's to open in crowded East Village space
Popular New York blog EV Grieve [Editor's note: Woo!] has reported that a Papa John's storefront has appeared on First Avenue in an area of New York City's East Village that's especially pizza-dense. Back in March, the blog reported several pizza restaurants — such asLuzzo's, Motorino, Piola, Tonda, and more — having recently opened.
With all the local pizza concentration, Papa John’s may be looking to appeal to tourists looking for something recognizable in the famous New York enclave. Papa John’s spokesperson Tish Muldoon said the company sees the location as "a great growth opportunity for the brand in Manhattan." However, anecdotal commentary on the new storefront did not appear favorable toward the No. 3 pizza chain.
