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New saloon to open on Third

For over 25 years 375-377 Third Avenue was occupied by the iconic Rodeo Bar. Now it will undergo a major renovation and be home to The Gem Saloon.

Owners of The Penny Farthing (pictured above) signed a lease for the Third Avenue space that includes 3,500 s/f of retail, a 2,600 s/f cellar, a 700 s/f second floor and a 350 s/f tird floor.

Rob Frischman of EVO Real Estate Group represented the tenant in the lease negotiations. The landlord was represented by William Abramson and Matthew Olden of Buchbinder & Warren Realty Group.

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