Rumor: Starbucks is Eyeing Skal Space on Canal Street

Posted on: April 16th, 2015 at 5:00 am by

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Skal in better times, July 2014

There’s a pretty nasty rumor wafting through the Seward Park environs…

The eastern terminus of Canal Street – where the Lower East Side and Chinatown intermingle – has a huge target on its back. Old news, really. Brokers are swarming, allegedly dubbing this trapezoidal area the hottest in Manhattan. That’s certainly no surprise, having already been singled out for a future Ace Hotel, a family mansion for Jann Wenner’s son Theo, Dimes, and a Pies-n-Thighs. But When you hear that Starbucks might be making further inroads, that’s a sure sign the end is nigh. Apocalyptic, even.

Yes, it would appear the dreaded coffee chain didn’t lose sight of the neighborhood, even after the alleged deal on Division Street disappeared.

Keeping its eye on the prize for three years, rumor has it that Starbucks is in negotiations to take over the corner restaurant previously occupied by Skal. 37 Canal Street. Nothing is sealed, but a Boogie birdie tells us that talks are supposedly ongoing. We hear that the former owners of the nordic eatery are trying to unload the business ASAP, which still has about a dozen years left on the 20-year lease.

If proven true, a Starbucks here would make sense. They’re getting in “early” before the Ace-backed Jarmulowsky hotel gets going.

To be fair, though, some feel that adding a Starbucks has the potential to cancel out a liquor license on the block. A check on the balance of power. But that line of thinking is somewhat flawed, as the corporate coffee house has been pushing to serve wine and beer in its other locations. Notably a Williamsburg outpost, which totally pissed off all the neighbors.

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