‘Cup & Saucer’ Returning (Next) to its Former Home on Canal Street
Against all odds, word on the street is that Cup & Saucer is returning to the Lower East Side! Not only that, the luncheonette parked itself directly next door to its decades-old home at the northwest corner of Eldridge and Canal Streets.
An informant on the block tells us that the Cup & Saucer reboot is quietly underway in the “west” storefront of its old 89 Canal Street building. And it might actually open by the end of the month. Same ownership, too. Co-owner John Vasilopoulos, who has been spotted there of late, reportedly signed a lease on the space, which sits beside the pizza joint that replaced it back in January.
However, we were unable to immediately confirm the chatter.
After the beloved establishment closed in July 2017 – it had been here for thirty years in its current iteration – there were rumors of a potential relocation further east down Grand Street. Those plans never really crystalized, and the neighborhood essentially moved on.
As previously reported, Cup & Saucer fell victim to a wallet-busting rent gouge in the summer of 2017. The landlord reportedly hiked the monthly take nearly fifty-percent to $15,000 (plus real estate taxes), and the restaurant couldn’t press on. 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.
Guess the hatchet was buried…?