Breaking: ‘Cup & Saucer’ Ending Service on Monday After Decades on Canal Street

Posted on: July 12th, 2017 at 12:39 pm by

Say goodbye to that classic 1940s Coca-Cola sign at the corner of Eldridge and Canal Streets. Word on the block is that the fabled luncheonette, Cup & Saucer, is hanging it up. It’s closing shop after decades serving the neighborhood, thanks to a steep rent hike.

And there’s no time for you to process this information, either, as the last day of business is Monday.

Every few years, rumors surface detailing a demise that was continuously eluded. Especially after the building reportedly sold several years ago, creating much uncertainty whether the business would actually survive. Co-owner John Vasilopoulos told Metro in 2015 that he hoped the new owner would maintain the 5-year lease arrangement of the predecessor to keep afloat. Then there was the recent upstairs fire back in January, which no doubt threatened the operation. This time, however, it appears the talk is true. A tipster who frequents the establishment daily was informed by staff of the closure. Apparently, they started telling all the regular customers today.

We don’t really know what to say. The Cup & Saucer is a no-frills Lower East Side treasure that serves all strata of the community. “Giving the people of New York quality food, fast delivery, and great customer service,” as its website prominently touts. On any given morning, you find construction workers, commuters, travelers, and locals mingling at the countertop.

It’s been under the same ownership for nearly thirty years. Partners Nick Tragaras (also a cook) and John Vasilopoulos took over the business in 1988, yet local lore suggests the corner kitchen dates back some 77 years. The duo also owns a diner in Ridgewood, Queens.

Our tipster surmises that the luncheonette also fell victim to the effects of failed development (i.e. the Canal Tower) and the encroaching Chinatown Bus situation that’s multiplying along Canal Street between Forsyth and Allen.

Recent Stories

Is the ‘Empire Records’ Broadway Musical a Bad Idea?

In the immortal words of The Doors, “The time to hesitate is through.” And keeping in that vein of logic, get ready for your favorite group of misfits to transform into a Broadway musical. That’s right, the crew from Empire Records (open til midnight!) is potentially turning into a theatrical production. Producer Bill Weiner recently acquired the […]

Meenakshi Srinivasan Resigns as LPC Chair Following Controversial Proposal

Meenakshi Srinivasan, chair of the Landmarks Preservation Commission, officially resigned yesterday after four years on the job. The Times-Ledger out of Queens broke the news, and the LPC has already confirmed her resignation. This sudden departure of the top landmarks official follows weeks of opposition to a proposal that would effectively remove public input from […]

Diplo is Performing the Finish Line After Nike’s 5K through the LES on Sunday

When thousands of marathon runners stream over the Manhattan Bridge to Pier 36 on Sunday evening, they will be treated to a live show by EDM fixture Diplo. As previously reported, Nike is hosting an Earth Day race – dubbed Nike GO NYC 5K – that runs through the Lower East Side. It’s the second […]

MoMA Files Lawsuit Against New Bowery Matcha Cafe ‘MoMaCha’

With a name like MoMaCha, the new Bowery cafe was simply a lawsuit waiting to happen. And, not too surprisingly, it did. The Museum of Modern Art – popularly abbreviated as MoMA – sued the new Lower East Side business this week. It filed a complaint in Manhattan federal court on Tuesday, accusing MoMaCha of […]

Franz Ferdinand Kicked their Way through a Sold Out Brooklyn Steel [REVIEW]

When Franz Ferdinand graced Brooklyn Steel for the second of a sold out two-night run – supporting its latest long player Always Ascending – it was an all out four-on-the-floor dance party. Literally kicking its way through a powerful set of new cuts and old favorites. The year-old rock venue met its capacity Monday night, front […]