Former Pearl & Ash Space on the Bowery Can be Yours for $19,500 Per Month
When Pearl & Ash ended its run on the Bowery back in December, ownership relayed that the restaurant space would be used specifically for catering and private events. Not anymore. Barely four months later, 220 Bowery it’s on the market.
Asking price for the 1,400 square-foot restaurant is a wallet-busting $19,500 per month ($13.93 per square-foot).
Building owners Alessandro Zampedri, who also operates the Bowery House hotel upstairs at 220 Bowery, created Pearl & Ash with managing partners Patrick Cappiello and Branden McRill. Its birth in December 2012 was basically a revamp on the owners’ Bowery Kitchen concept, which lasted a mere four months. Three years later, the eatery temporarily closed due to a shakeup in the kitchen (and cosmetic changes). Opening Rebelle in the R Bar space next door could have canibalized customers, too. But that’s mere local speculation.