Rumor: Cup & Saucer is Negotiating Lease for Grand Street Revival
There is hope for Cup & Saucer.
On the heels of its “reopening” for a Netflix film shoot (i.e. Maniac with Emma Stone and Jonah Hill), rumors are circulating about its potential Lower East Side revival.
Word on the street is that co-owner John Vasilopoulos is currently negotiating a lease for a new commercial space within close proximity to the original. Our source gleaned info during the film shoot – staff was apparently hired for the day – and said that the potential replacement location is reportedly nearby on Grand Street. But not a corner spot. And in case you were wondering, the antiquated signage will likely make the move, too.
Exact location, if the rumors prove true, is not known. Drop us a line if you’re hearing anything further on the matter.
Cup & Saucer fell victim to a wallet-busting rent gouge last month. The landlord hiked the monthly take nearly fifty-percent to $15,000 (plus real estate taxes). The business was under the same ownership since partners Nick Tragaras (also a cook) and John Vasilopoulos took over in 1988. Yet, the corner kitchen dates back some 77 years during its time as a Jewish luncheonette.