Despite being open for just over a year, it appears as though the West Village IHOP will be closing its doors.
A 2012 Wall Street Journal article explained that IHOP inked a 49-year lease that began at $300,000 a year for the first two years, then jumped to $360,000 with an annual increase of three percent. Though the restaurant is still open, Gothamist noted that the "For Lease" sign in the window suggests this is a temporary situation.
Over the phone, an employee told them: "We're open as of right now, but we don't discuss our personal business with anyone." That sounds pretty ominous.
Nothing lasts forever.
[via Gothamist and Wall Street Journal]
