Steve Croman’s Threefold Increase in Rent Forces ‘BarBossa’ from Elizabeth Street After More than a Decade in Business
For BarBossa, the end is here. That’s all she wrote. The longtime Brazilian-ish restaurant terminated its Little Italy presence after dinner service Sunday evening. Thus caps a dirty dozen years at 232 Elizabeth Street.
A letter to the community is taped to the front door thanks the community for its patronage:
Sunday, November 22 will be our last dinner service due to the expiration of our lease. We have been honored to have served you all for these past 12 years and thank you from the bottom of our hearts for you loyal patronage over those years.
We hope we get to see you before our doors finally close.
As the missive hints, the owners decided not to renew the lease for BarBossa. Seemingly with good cause. The landlord at play here is none other than Steve Croman, one of the most hated landlords in the city, who purchased the building in 2006 for $6.5 million. Apparently he jacked the rent from $7,500 to $22,000 per month. That’s a threefold increase right there.
Ernani Assunção and Tariq Haq opened BarBossa at 232 Elizabeth Street in 2003.
Speaking of Barbossa…