Tuesday, December 30, 2008

New Fifth Avenue Restuarant Planned for South Slope?

568 Fifth Avenue on the corner of 16th Street, former home to the 4 Stars Food Corporation, has been leased through Ripco Real Estate. Ripco specializes in retail leasing.

The 2,024 sf corner building with full basement was listed for $90,000 per year. Real estate taxes are $7,600.

Permits have been approved to "CONSTRUCT NEW BAR RESTAURANT IN EXISTING COMMERCIAL STORE SPACE" and also for the sidewalk shed/scaffolding in order to make repairs to the parapet wall.

Always loved what's left of that old "Berkley COATS SUITS DRESSES" neon sign and turquoise paneled store front most likely dating back to those days when Fifth Avenue was a glorious upscale shopping destination on a Sunday afternoon.

Restaurant wish list? Anything but Brick Oven Japanese/Thai Sushi Pizza Fusion, please!

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