Ruby’s Redux?

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Photo: Coneyisland.com

The bad news: Coney Island boardwalk boutique Lola Staar’s lease won’t be renewed. The good news: Ruby’s’ may be. Owner Michael Sarrel tells the Daily News: “We believe we are being renewed, but as of today I don't know for sure.” The bad news: “‘There's a substantial rent increase,’ added Sarrel, who wouldn’t discuss specifics. ‘The truth is the previous rent was fair. The new rent is unfair.’” [NYDN]