
[EVG photo from November]
Workers have removed the plywood at 16 First Ave. between East First Street and East Second Street ...

Coming soon is a new bar/restaurant from the owners of Murray Hill's Mercury Bar and Tonic East. Materials on file (PDF!) at the CB3 website describe the new venture as a a "sports themed restaurant bar and lounge" with daily hours of 11 a.m. to 4 a.m. Name is/was to be determined.
The space was previously home to Sutra, owned by former CB3 member Ariel Palitz. That club closed last September after being on the market for several years.
Updated 5/5
BoweryBoogie follows up, noting that the new venture is called Bar Akuda. Per their Facebook pitch, they're a "sports bar in the LES … specials, happy hour, student discounts, NYU & corporate parties."

Previously on EV Grieve:
Sutra has closed; big sports bar on the way