Elegant Woolen & Silk Leaves Orchard Street After 27 Years

Posted on: February 17th, 2012 at 6:28 am by

Twenty-seven years.  That’s how long Elegant Woolen & Silk has resided at 174 Orchard Street. But in the current real estate climate of the Lower East Side, there’s not much room for old-school fabric vendors along this upper portion of the historic street.  It’s game over.

Last night, the store was looking rather bare. Storefront showcases were lacking and the interior itself was devoid of inventory. The owner informed us that Elegant is vacating the neighborhood for the greener pastures of Flatbush Avenue. Apparently the landlord had no intention of renewing the lease, and wants the business gone.

This loss no doubt contributes to the continuing downfall of the weekly Orchard Street pedestrian mall, but more worrisome, provides yet another opportunity for some upscaling. We can likely expect a bar-restaurant to keep The Skinny company; or another gallery; or a trendy boutique. Those seem to be the only options these days…

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