Gallery Bar Owes $244k in Back Rent; The Belfry Possible Replacement

Posted on: February 4th, 2014 at 5:16 am by

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Gallery Bar on Orchard St.

Gallery Bar was served papers on its day off. Yesterday. Apparently the nightclub owes the landlord of 120 Orchard Street close to a quarter-of-a-million dollars for unpaid rent and other bills. And it probably explains why the owners are trying so hard to cash out and find a replacement.

The “Five Day Commercial Notice” taped to the security gate outlines a laundry list of costs due, dating back over three years. Final tab is $244,461.53.

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The last applicant to have a run at 120 Orchard was Pure 120, led by promoter David Jaffe and a group of inexperienced finance bros. Community Board 3 denied their application, and the concept fizzled. Five months later, it looks like the principal of The Belfry on 14th Street wants to open a new bar here. Contact information listed on CB3 materials confirms the news; however, the applicant decided to withdraw from this month’s agenda until a later date. So, we’ll know more in the coming months.

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