NYC’s ‘Last Great Arcade’ in Chinatown Needs to Raise $57,000 to Make Rent
A popular arcade in New York’s Chinatown is making its last-ditch effort for survival by raising money on GoFundMe.
Game Over?: Chinatown Fair arcade, a beloved hangout in Mott Street, has been struggling to stay in business for the last few months. As customers stopped coming due to the COVID-19 lockdowns, the 77-year-old arcade was forced to temporarily close its doors on March 10, reports Bowery Boogie.
Without a stream of revenue, the arcade was unable to pay the rent for months.
To save the iconic Manhattan establishment, manager Lonnie Sobel has reportedly tried to negotiate a lease renewal.
Sobel also launched a crowdfunding campaign on GoFundMe to help pay for six months of back rent amounting to $57,000.
“When we closed on March 10, due to COVID-19, our negotiations for our new lease renewal were basically cut off,” Sobel wrote on the campaign page.
“Due to complications stemming from the COVID-19 shutdowns, CTF is in danger of having its doors closed permanently very soon.”
As of this writing, the arcade has raised over $17,000 of its $57,000 goal.
“Our customers have become close family over the years, and we have never realized this more since we have been closed,” he continued.
Historic arcade: Chinatown Fair, which opened in 1943, has been widely regarded as New York City’s “last great arcade.“
The arcade was forced to close in 2011 due to dwindling profits, before reopening over a year later under Sobel’s new management, according to the New York Times.
Chinatown Fair’s influence on the fighting game community has been so significant that it became the focus of a 2015 documentary called, “The Lost Arcade.”
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