Monday, December 11, 2017

Grassroots Tavern

VANISHING

The Grassroots Tavern will close on New Year's Eve. It's been a favorite dive on St. Mark's Place for 42 years and many will miss it (especially this guy).



Last week, Grieve reported that the Grassroots had a new owner--and it didn't look good. Richard Precious has a chain of bars called Ginger Man. As Grieve pointed out, New York magazine said Ginger Man "feels like Euro Disney's vision of the classic Irish watering hole."

Now Grassroots is closing for the same reasons pretty much everything is closing.

“All the sudden, overnight, the rent skyrocketed, so we were put out of business,” one bartender told Bedford & Bowery. And, of course, the building was sold in 2015--ironically to a company called Klosed Properties.

Steven Kachanian, Principal of Klosed, said at the time, "We are thrilled about the long term potential of this asset. The retail rents on this stretch are on the rise."

So St. Mark's is dead -- again.

Post Script: For a little history, see Daytonian in Manhattan's post on 20 St. Mark's Place. He points us to this item from the New York Times in 1932, on the opening of a scruffy predecessor to Grassroots:






2 comments:

MANGOZEEN BLOGGER said...

another stab in the heart by greedy landlords

Joe Jusko said...

My dart team played against theirs back in the late 70's/ early 80's. I'm feeling old all of a sudden. lol Sad to see another fond memory of youth going down for the count.