‘Gelso & Grand’ Operator to Open Mexican Joint in Former Bakery at 162 East Broadway

Posted on: January 25th, 2016 at 5:00 am by
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More change is coming to the crazy confluence of Canal Street, East Broadway, and Rutgers. Two commercial mainstays at 162 East Broadway folded within the last couple months. And with good reason. Nightlife.

First, a refresher.

You remember the Golden Carriage Bakery. The once-popular Chinese pastry shop shuttered five years ago, but was reportedly resurrected a short time later as the “New Golden Carriage Bakery.” A bright yellow canopy was installed, but has since faded beyond recognition. Anyway, we watched workers empty the store recently. The end. Brokers had been showing the space in the interim, and finally settled on a tenant within the last week. It’s getting liquored up and lacquered down.

A Boogie birdie tells us that the proprietor of eight-month-old Gelso & Grand in Little Italy is colonizing this Chinatown corner. From what we understand, Nima Garos just signed the lease at 162 East Broadway, and will impart some sort of Mexican restaurant here. It’ll probably be a trendy spin, much like the revamped Italian Food Center endeavor. Not much else is known at the moment, but we can expect a liquor license application in the coming months. If that happens, the abbreviated block of Rutgers Street will be 100% bar-controlled (joining Jereme Barnas’ Little Canal)…

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Chinese newsstand, August 2015

Meanwhile, the old-school Chinese newsstand beside the East Broadway subway entrance is also donezo. An old man had been selling papers out of this window for as long as we can remember. But, like the bakery, service terminated over Thanksgiving. No announcements, nothing.

And, as a post-script, this corner walkup tenement at 162 East Broadway was listed for sale as late as this past August. Asking price at the time was in the neighborhood of $7 million, though real estate listings have since dropped any inkling of price.

No sales are currently on file with the city just yet. Public records still indicate that Ying Oi Chan is currently the holder of the deed.

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