La Lunchonette Revisited
In 2015, the Chelsea restaurant La Lunchonette was forced to close , thanks to the High Line Effect . It had been in business there, and beloved, for 26 years. The building was slated to be demolished, along with a former horse stable built in the 1880s, for a tax-supported, 10-story luxury condo made of wood, from SHoP, architects of the Barclays Center. Then the restaurant's former space showed up for rent . Earlier this year, the developer scrapped plans for the luxury tower , blaming a downturn in the luxury condo market. “The project just wasn’t feasible,” he told The Real Deal. And now? A deli called Chelsea Square Market has opened in La Lunchonette's former space. So the buildings get to live another day and the space isn't sitting empty, contributing to high-rent blight. It didn't turn into a chain store, either. But if I had to guess, I'd say the market's lease is likely short, that it's a temporary place-holder until the developers f...