Le Lupanar Assets for Sale at 103 Essex Street
Le Lupanar at 103 Essex Street is essentially frozen in time, its furnishings still in place and liquor bottles collecting dust (and/or fermenting). The French-themed “restaurant” masqueraded as a nightclub and eventually foundered two years ago. Now the space and its business are being shopped around to potential buyers. The dual signs attached to the gate give it away.
According to this recently-published real estate listing, Le Lupanar ownership is asking for $375,000 in key money; the landlord hopes to net $25,000 from a ten-year lease. The future investor will receive 2,500 square-feet of space across two levels and a “new sound system.” Good luck getting that liquor license, though…
There’s history. Community Board 3 (and later SLA) approved Le Lupanar in November 2006 as a full service French restaurant, but they didn’t abide by the agreed-upon stipulations [PDF], specifically closing times of 11pm during the week and 12am on the weekends. Consequently, the NYPD filed a civil lawsuit against the bar for its violations. With tail firmly between its legs, Le Lupanar then returned to CB3 to alter its “method of operation,” but was denied outright. Amidst all the drama, though the nightclub shuttered for good in 2011. It’s been vacant ever since.