March 27, 2017
Entrepreneurs keep opening restaurants, despite worries about rising rents for space and wages for workers.
Beginning August 2017, seafood restaurant Chamusca will begin serving a sustainable and seasonal menu from the tiny, 800-square-foot space at 92 Rivington, a seven-story residential and retail building owned by Thor Equities on Manhattan’s Lower East Side.
Built in 1900, the five-story walk-up building also includes a second small retail space, and seven rental apartments.
“With Ludlow House, Ace Hotel and other trendy hotspots opening on the Lower East Side, the neighborhood is continuing to flourish as a prime destination to live, work and play,” said Joseph Sitt, CEO of Thor Equities.
Earlier this year, the announcement that top restaurant Annisa will close in the East Village sparked a series of articles concerned with the pressures on restaurants.
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