Is Falai Closing?

Photo via Eater.

Are Falai and Falai Panetteria on Clinton Street being sold?  Grub Street picked up on an item in restaurant insider Steve Kamali’s newsletter, indicating: “Falai’s ten-year lease is available for $8,800 a month, and Panetteria’s is going for $5,500 a month with eleven years remaining.”

Last month, Grub Street reported that Iacopo Falai was drawing up “very preliminary” plans to open another spot on the Lower East Side’s restaurant row — at 77 Clinton Street.

Yesterday, an employee at Caffe Falai on Lafayette Street told the blog that nothing was final but that the Clinton Street restaurants “might close.”  Grub Street hopes “the restaurateur is simply consolidating to a space that’s somewhere between his sit-down restaurant and the more casual panetteria, but we can’t say for sure at this point.”