Another one-of-a-kind Lower East Side retailer suffers a setback. Chuck Guarino and Elisa Maldonado just announced via social media that they’re closing the current version of The Cast, their leather-centric boutique at 71 Orchard St. Here’s what they had to say yesterday:
Yes it’s true. It’s a fucking sad day. Manhattan real estate has sunk its fangs into yet another victim. We’ve lost our lease. After 5 1/2 years we will be closing at 71 Orchard. The Cast is stronger and more alive than ever with a full Men’s & Women’s Spring/Summer 2016 collection in the works. We will be having a 50% Off Sale in store and online through (Tuesday) to sell off all current stock. Starting tomorrow, The Great Frog at 72 Orchard St. will have The Cast Pop-Up shop while we’re looking for a new space. We thank you for your patronage and support throughout the years and look forward to seeing you in a new store as soon as possible!
The Cast has been located inside the same building that houses Zarin Fabrics. As previously reported, the building was sold earlier this year for $25.6 million. Zarin’s has a long-term lease. A TD Bank branch is about to open a ground floor space Zarin’s previously occupied.