Preserve 24 Closes for ‘Remodeling’ with New Ownership on the Way

Posted on: June 30th, 2014 at 5:25 am by

preserve24-closed-1

Preserve 24 certainly went over like a lead balloon. That much is true; this ain’t no Led Zeppelin.

A reader informs us that Preserve 24 closed Friday afternoon with a sign explaining “renovations” afoot. Then the announcement was swapped a day later to indicate that both “remodel” and new ownership are underway. No matter how this news is spun, and even if they do reopen, the ultimate result will likely be the same. Curtains. Seriously, the space is so enormous that it would need to be packed every night to turn profit.

Preserve 24 took years to complete, having finally opened at 177 East Houston in May 2013. In retrospect, it spent more time behind plywood than open to the public. The ambitious concept bar-restaurant at the corner of East Houston was too epic out of the gate that it was destined to fail. Too elaborate; too much square-footage; too kitschy with the fictional explorer’s club story and mission to retrieve glacial ice.

preserve24-closed-2

Recent Stories

Chad Marlow Resigns from CB3 After Removal from Committee Chair Position Over Liquor Density Fight

Newly appointed Community Board 3 chair Alysha Lewis Coleman stepped into controversy last week when she reportedly sacked member Chad Marlow from his post as Transportation committee chair, a seat he’s held for little more than a year and a half. And today he is completely resigning from the advisory board. The major bone of […]

‘Electrical Issue’ Sidelines Ludlow Street’s Sweet Chick Indefinitely

Celebrity-backed Sweet Chick has been closed and on the ropes for the last three days. Apparently, there were some unspecified “electrical issues,” and Con Edison came to shut down the waffles-and-chicken restaurant just before the busy rush on Friday evening. Computer printouts taped to the vestibule say the same – that it’s closed “temporarily” and […]

Twofold Rent Increase Forces Mexican Mainstay ‘El Maguey y La Tuna’ to Close

This is how the elder statesmen of the Lower East Side are treated. Pushed to the curb. El Maguey y La Tuna on East Houston Street, the mom-and-pop restaurant serving Mexican cuisine to the neighborhood since 2002, has two months to live. It’s apparently closing at the end of March. The culprit, but of course, […]

Epstein’s Bar Returned to Hell Square this Weekend After 2-Year Hiatus

Epstein’s Bar fought for its survival; now its revival is here. The nightspot reopened to the public on Friday night. More than two years after aborting operations at the northeast corner of Stanton and Allen Streets – for neighbors, a welcome relief – the longtime watering hole is finally back on track. The interim period was apparently […]

This is the 9-Story Glass Office Tower Replacing the Sunshine Cinema

With the Sunshine Cinema now dark – the theater closed for good last night – we have the first look at the monstrosity to replace it. A nine-story glass tower that boasts 65,000 square-feet of commercial office space and ground-floor retail. The New York Times has the scoop on the first rendering of the project, […]