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Asolica > Blog > Finance > Iconic NYC restaurant to shut perpetually
Finance

Iconic NYC restaurant to shut perpetually

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Last updated: March 12, 2026 2:37 am
Admin
16 hours ago
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Iconic NYC restaurant to shut perpetually
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Whereas the often-repeated statistic that just one p.c of New York Metropolis eating places survive a 12 months after opening is a long-running city legend (the precise quantity is nearer to twenty%), the market within the metropolis is notoriously troublesome given the excessive value of actual property and a buyer base with infinite choices for the place to go for scrumptious meals.

Contents
  • Elmo restaurant opened in Chelsea in 2001
  • “A place to gather comfortably with members of your community”

Some high-profile restaurant closures in March 2026 alone embrace specialised wine bar Corkbuzz, gluten-free Japanese bakery Postcard and Bar56 simply beneath the Brooklyn Bridge within the Dumbo neighborhood.

On the chain finish, New York additionally misplaced Las Vegas Mexican restaurant Pink Taco. The final Hooters restaurant in New York additionally closed its doorways within the Queens borough in late February.

Elmo restaurant opened in Chelsea in 2001

One other beloved restaurant that’s serving its ultimate meal this month is the homosexual staple Elmo Restaurant. Opened within the Chelsea neighborhood by  Bob Pontarelli in 2001, it served a menu of straightforward American dishes however shortly grew right into a beloved group hangout as Chelsea went via a interval of speedy gentrification and most different LGBTQ+ eating places on sixth and seventh avenues closed their doorways.

A New York Occasions article from 2021 described Elmo as one of many final LGBTQ+ eating places left in a neighborhood that was as soon as stuffed with them.

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However in an Instagram submit, Pontarelli introduced that the restaurant will serve visitors for the final time on March 13; after the constructing the place the restaurant was positioned was offered, the brand new proprietor selected to not renew their long-running lease.

The present house at 156 Seventh Avenue might be developed into a brand new high-end residential challenge.

“It was just confirmed to me that our building — home to elmo for 25 years — has been sold,” Pintarelli wrote within the Instagram submit. “Our lease expires with that sale. The new owners will soon bring a residential building to our neighborhood. Sadly, all things must come to an end and elmo will serve its last meal on Friday, March 13.”


Elmo was a long-running LGBTQ+ establishment within the Chelsea neighborhood.

Elmo Restaurant

“A place to gather comfortably with members of your community”

The heartfelt submit obtained tons of of feedback from followers and native residents who see the closure as the top of an space and the lack of an necessary group house.

Many described recollections of coming there to fulfill courting prospects within the pre-app period and persevering with to return again for the communal ambiance over time. Others would come to Elmo for a spot to socialize with locals from Chelsea.

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“It’s been a place for a first date or dinner with friends,” Pontarelli wrote. “A place for important celebrations and fabulous parties or simply a place to gather comfortably with members of your community at a home away from home. […] We opened just months after the events of 9-11 and stayed open and serving food and cocktails through Sandy, several blackouts and record snow falls.”

A 12 months in the past in March 2025, a separate bar additionally owned by Pontarelli closed down for related causes of neighbohood growth and demolition of a number of native buildings by the proprietor.

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