No 7-Eleven

Resisting Chain Stores and Corporate Control

IHOP Closing

IHOP on Carmine closes - NYCThe third IHOP to open in Manhattan, the one nobody asked for, is officially closing. So sad.

IHOP signed a 49 year lease for the Carmine Street location at a whopping $300,000 for the first two years then $360,000 with an annual 3% increase.

Kevin Salmon of Salmon & Marshall Real Estate Investments, who negotiated the deal, told The Wall Street Journal the Carmine Street area was “dumpy” and the presence of an IHOP would make it “top notch.”

That didn’t happen. Frankly, we’re tired of people like Kevin Salmon and Margaret Chabris, our bestie 7-Eleven spokesperson, making it sound like our neighborhoods are some off the map location in a third-world country and they are supplying the new, lone drinking well. We are not “underserved” as Chabris has stated and Salmon’s banal IHOP is not making Carmine Street “top notch.” In fact, quite the opposite. The 10,000 square foot space has a huge “FOR LEASE” sign slapped on the front and it stands as a testament that NYC is not welcoming these bland, predictable and mediocre dining experiences with open arms.

Buh bye IHOP!

h/t Jeremiah

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