Quote:
Originally Posted by artvandelay
The way they closed down was more consistent with a midnight move scenario (employees showing up in the morning to find the place shuttered). I'd be surprised if they are back.
The space seemed overly large for a coffee shop, especially at $40-50 / sqft. I imagine they'd have to do similar volume to the downtown locations to make it work and despite being steadily busy during the day, I mustn't have been working out.
EDIT: Today there's a for sale sign up and the Artigiano sign is down. Which is odd considering it's a leased CRU. I imagine it's being offered for sublease.
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It's unfortunate that in some spaces landlords did not give any incentive to struggling businesses - cash in point here - Artigiano.
Heard their rent was base $52/53 plus Op costs of $22 making it $74/74 psf for a space akin to hall for $12500+/month rent - it's hard for business to take off whose average customer spend is in the range of $6/7.
I agree to the earlier point that CRU needs to be smaller according to types of businesses so we don't see Corbeaux's and Artigiano's fail - not because of product but because of size.