Lafayette Losses: Possible Bicycle Habitat Downsizing, 16 Handles and Iconic Cafe Close

Posted on: May 20th, 2015 at 5:12 am by
This image has been archived or removed.

The mid-section of Lafayette Street is apparently in transition. Three particular stores on the one block between Prince and Spring are undergoing a retail shift.

Of particular note is Bicycle Habitat. The 27-year-old SoHo store is operating on an extension and currently negotiating a long-term lease in order to stay at its longtime HQ (244 Lafayette). All while a leasing sign sits in the windows. Owner Charlie McCorkell tells us that, worst case scenario, they’ll need to consolidate operations in the “newer” 250 Lafayette space.

“Landlords are seeing visions of sky high rents out of the range of us working retailers,” he tells us. “This had led to several vacant stores in the immediate area. I am hoping our landlord will see the benefit of a long term client who always pays their rent.”

This image has been archived or removed.

Meanwhile, a few paces south, the 16 Handles outpost at 240 Lafayette is no longer serving. Printouts on the windows the last few months had indicated “renovations,” but we knew better. The truth was revealed with the arrival of a leasing sign in its window. And thus concludes the one-year tenure at this address.

The loss of 16 Handles follows a recent trend proving fro-yo is hurting. In the last few months alone, four Pinkberry outposts located downtown and in DUMBO have died on the vine.

This image has been archived or removed.

Next door at 238 Lafayette, Iconic Cafe also decided to throw in the towel. The coffee shop operated on the block for a mere ten months before calling it quits. Not a huge suprise, as it never seemed to attract enough business.

Iconic already has a successor, though. The “Micro Market” moved into the space last month, featuring a random array of vendors.

Recent Stories

With LES Gentrification at Critical Mass, the Time is Now to Pass Universal Rent Control [OP-ED]

Bob Angles, a resident living in one of the affordable units of Essex Crossing, penned the following editorial. Secondary displacement, better known as gentrification, has been creeping up and down our streets for the past decade. Yet, with the arrival of thousands of new, unregulated apartments between the Extell tower (i.e. One Manhattan Square) and […]

‘The First Time I Saw The Ramones’ at the 72 Gallery on Orchard Street

Photographer Tom Hearn spent the night of July 22, 1976 at the Acadia Ballroom in New Haven, Connecticut. Attending at the behest of friend Legs McNeil, co-founder of Punk Magazine, that was the first time he saw the Ramones play live. And he captured it on film for posterity. Now, those images are on display […]

Epstein’s Bar is Whitewashed and Rebranded as ’82 Stanton’

In other news of nightlife name changes, the rebooted Epstein’s NYC is no longer. The bar is still there, of course, but the newish ownership is now trying on a new identity. Last week, Epstein’s painted its corner facade white. A literal whitewashing of its image, perhaps to shed its skater sports vibe for something more […]

He Said, She Said: A Two-City Concert Review of the Twilight Sad

Hot off the release of their fifth album It Won/t be Like this All the Time earlier this year, Scottish outfit The Twilight Sad have been hitting the stateside tour schedule pretty hard. Maybe a little too hard – their Boston show at Sonia was nixed due to a strain on James Graham’s vocals. We […]

Kushner’s $65M Purchase of Hotel on Rivington is Tripped Up

The Kushner Companies’ multimillion-dollar purchase of the Hotel on Rivington is reportedly on shaky ground. Last November, the firm entered into contract to acquire the twenty-story glass eyesore for $65 million. Fast forward six months. According to documents filed in New York Supreme Court Tuesday morning, uncovered by The Real Deal, Kushner Companies demands that […]