Real Estate

Rent the Orchard Space

Photo: Shanna Ravindra

Onetime Lower East Side star the Orchard is officially on the market, according to broker Karma McDermott of Kamali & Sons worldwide liquidators — er, Steven Kamali Hospitality, a nightlife brokerage and consulting firm. Though we couldn’t reach owners John LaFemina or Xerxes Novoa for comment today, the restaurant has no doubt been a victim of these dark economic times — despite doing solid business (and not being empty) as recently as two months ago. Interested parties will note the following vital stats: Asking rent is $11,255 per month, with a full liquor license and $550,000 key money. In better news, the Orchard’s older sister, ápizz, and its older cousin, Peasant, are both alive and well, and the Orchard does remain open for the time being, despite having thrown in the towel.

Rent the Orchard Space