Another New York restaurant will be closing this spring, and we’re sad to see it go.
We’re also low-key mad as to the reason why they’re closing.
On April 30, after 15 years in business, Craftbar owner Tom Colicchio will be closing the titular establishment for good.
Cue the violin music, because Tom's food will be sorely missed.
This depressing news comes just a few months after his closing Colicchio & Sons. Which we mentioned before, last year, making Craftbar the third restaurant Colicchio has closed.
According to GrubStreet, Colicchio explained that his landlord raised his rent by 50%, which would be at $60,000 a month.
Yikes! And for a while, we were celebrating how rent prices were going down. But real estate and restaurant pricing is different, we guess.
Unable to meet that price or keep up with the competition of fellow bars and their aesthetics, it’s probably for the best that Tom calls it quits for now.
It’s a bittersweet ending to a bar that started the trend of casual atmosphere and refined menu selections. A hipster staple in modern NYC, the appeal has been repeated too many times for them to hold their own. But we can only hope that his restaurant at Fowler & Wells will fare considerably better.
Being inside a hotel makes the rental concern less harrowing, even for chefs with more financial stability. Plus, it also guarantees a steady stream of customers coming in during their stay.
Maybe in the months to come, this trend will change, because it would suck to have to enter a lobby for luggage checking to get some decent food.[via Grubstreet] [Feature Image Courtesy Pinterest]