For years, one stretch of 6th Avenue in Greenwich Village has harbored a little piece of old Times Square, hearkening back to a delightfully crummy cacophony of sex shops, tattoo parlors, and hot dog stands. It has been a small beacon of hope--that this can survive in the new city. But now, in one fell swoop, the seedy carnival is vanishing.
The Real Deal has reported that the "retail condo" occupied by Papaya Dog, the sex shop Fantasy Parties, and Fantasy Tattoo has been sold. The developer who bought it "expects to replace the tenants with more mainstream retailers."
Already, "the well-known sex store Crazy Fantasy closed its doors with the sale and vacated as part of the purchase agreement."
The developer "said he expected to boost the rents significantly in the neighborhood."
And how will he do that? With national chains, of course: "He was putting together a list of potential tenants he would like to lure to the space, such as lingerie retailer Victoria’s Secret, cosmetics chain Sephora, sweet shop Dylan’s Candy Bar, fast fashion seller Aeropostale and sport retailer Under Armour."
A longtime sales clerk at Fantasy World told the Real Deal, “They didn’t really want us here,” referring to the local residents. “It took a lot to get this open because people don’t want a sex shop in their neighborhood. But we’ve never had any problems.”
With humanity and depth, the developer describes his plans to boot them: “We hope to reposition that asset with a high-end, value-add tenant--something along the lines of Nespresso."
Of course, developers' hopes run high and reality doesn't always match up. What we will probably be saddled with here is a 7-Eleven, a frozen-yogurt joint, and a Denny's. Either way, high or low, another piece of New York succumbs to the chains of America.
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