Sleepy’s Closes Its Longtime Outpost in the Former Ratner’s on Delancey Street

Posted on: August 11th, 2014 at 9:38 am by
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Well, this is rather unexpected. The Sleepy’s outpost at 138 Delancey Street closed its business operations over the weekend. Twin printouts taped to the front doors indicate as much, steering customers to the location at the Red Square strip mall on East Houston. We called and confirmed that the closure is indeed permanent.

The so-called “mattress professionals” put in a dozen years at this address, ever since the iconic Ratner’s kosher dairy restaurant ended nearly a century of business in 2002.

According to public records, the property remains in possession of the original family. It’s reportedly under the thumb of East Side Management Enterprises, run by Jeff Harmatz, the great-grandson of co-founer Jacob Harmatz.

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But don’t be too surprised to see this piece of the former empire sold off. Retail doesn’t seem likely. The Harmatz family has been divesting their Lower East Side holdings over the last decade. The two most recent cases were unloading 102 Norfolk to Samy Mahfar for $11 million, as well as the sale and current development of the cantilevered 100 Norfolk Street. Of course, lest we forget the Ratner’s parking lot which traded for $6 million and ultimately resulted in the Blue condo building (allegedly the first doorman building in the neighborhood).

Ratner’s began on Pitt Street in 1905, and would eventually move to 138 Delancey thirteen years later.

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