The Post describes the Eldridge as an “ultra-exclusive, members-only lounge,” but no one has revealed the location yet. So we’ll tell you that it will be at 247 Eldridge Street, in the 1,000-square-foot space that used to be Luv 24/7 (the lounge was recently on sale for $260,000, with a monthly rent of $4,500). Levine has redone the storefront to resemble a faux bookstore, with used tomes such as Weight Watchers Cookbook, The Conscience of the Rich, Letters of Sigmund Freud, and Roughnecks and Gentlemen. As Back Room and its faux toy store showed, it’s going to take a little more than this to make the Eldridge the hottest place in town. With Milk & Honey down the street, will it even be the most exclusive club on Eldridge Street?