The future does not look good for classic East Side dive Subway Inn. EV Grieve notes that The Real Deal lists the building that houses the 77-year-old bar among the recent purchases of the World-Wide Group development firm.
It should be noted that there are no plans to speak of for the building so far, so that iconic neon may be around for a while yet. But World-Wide's 59-story residential tower in the works nearby may give some indication of the sorts of projects that could be on the way.
· Should We Start Worrying About the Subway Inn? [EVG]
· World-Wide Group Snags Bloomingdale's Building for $37M [TRD]
· All Coverage of Subway Inn [~ENY~]