Nov. 18, 2014 By Christian Murray
The business body count is continuing to mount on Vernon Blvd—as two commercial tenants are getting ready to leave.
The Institute for Face & Body Solutions and LIC Chiropractic will be moving out of 47-12 Vernon Blvd in upcoming months. The building is about to be sold and they have been told that they should be prepared to leave.
The owner, who runs the beauty shop, said that she is a middle of negotiating a new space nearby. Meanwhile, Dr. Angelo Ippolito, the owner of LIC Chiropractic, has already found space on 47th Avenue, just around the corner.
The owner of the beauty shop said that the combined rent (of both the beauty shop and LIC Chiropractic) will most likely double to $9,000 per month.
The loss of the two businesses adds to the carnage on Vernon Blvd in the past 18 months—with the closure of Cranky’s Cafe/1682 French Louisiana, Communitea, Papo Fried Chicken, Mario’s Deli and the impending closure of the Chinese restaurant New City Kitchen Express.
“The rents are very high and it is very difficult for your typical business to make money,” said Rick Rosa, the managing director for Douglas Elliman’s Long Island City office. “Unless a business is filling a niche it can be very tough.”
Meanwhile, at 47-12 Vernon, two of the four apartments upstairs have already been vacated.