Tim Ho Wan is shutting down its Hell's Kitchen location in New York City due to slow dine-in business. Manager Dina Long indicated that online orders predominated, leading to high credit card fees and frequent refund requests. The East Village location generates 80 to 90 percent of its profits from dine-in services. Several bagel shops are expanding in Tribeca, including the new Tompkins Square Bagels. Furthermore, the Brooklyn Mirage music venue will not open this year as Avant Gardner filed for bankruptcy, delaying its launch plans.
The new restaurant closure follows reports of slow business, particularly for dine-in, while online orders were prevalent but resulted in high credit card fees and frequent refund requests.
Manager Dina Long stated that the East Village restaurant accounts for 80 to 90 percent of its profits from dine-in service, demonstrating the importance of in-person dining.
A new bagel shop named Tompkins Square Bagels is set to open its fifth location this fall in Tribeca, alongside expanding competitors amid a growing bagel market.
The Brooklyn Mirage music venue will not open this year due to its parent company Avant Gardner filing for Chapter 11 bankruptcy after months of financial issues.
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