‘Mimi & Coco’ Set to Close as Hell Square Retail Graveyard Takes Hold

Posted on: June 2nd, 2016 at 5:12 am by
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Three years into its lease, and the minuscule eatery at 92 Rivington Street is on its way out. Mimi & Coco, the popular Japanese restaurant that debuted in June 2013, currently sports a leasing sign in its window.

It’s clear what’s happening next. Closure. And another nail in the coffin of this block, which now has three consecutive vacancies in succession. The Express Tailor Shop probably isn’t too far behind, either.

One need only look to controversial developer Thor Equities (and Joe Sitt), which purchased 92 Rivington Street last August for $9.5 million. Current real estate listings on its site are selling both the restaurant and tailor (1,100 square-feet) as an “unparalleled location in the heart of the Lower East Side” that’s perfect for a “charming boutique.”

Of course, there was a time when the block boasted some longevity in the retail tenants. Area residents may recall Bruschetteria, the Italian joint that preceded Mimi & Coco by some eight years. That establishment, founded by Frank Vivolo, closed in January 2013. TeaNY held down the adjacent space for more than a decade until its closure last year. Rouge Wine Bar is also a failed space that sits empty, having closed back in February after a laughable two-and-a-half years in business.

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