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Openings/Closings: Waterworks SoHo Shuts Down!

Products.jpgOnce of pillar of southern SoHo, and certainly an early sign of gentrification in the area, it truly is the end of an era when Waterworks shuts it's flagship NY showroom that had expanded greatly over the past ten years. Here's our store review. One of our contacts said, "I talked to someone at Waterworks yesterday, and they said they've closed a number of locations and had to lay a lot of people off."
We first heard the news about the Soho closing from our friends at Racked.

 
 

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Comments (6)

So is that bathtub on sale? It's nice.

posted by Maujer on April 29th 2009 at 7:59pm
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I remember when SoHo wasn't SoHo...gentrification? they were gentrification!

posted by uselessinfo on April 29th 2009 at 8:35pm
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I guess no one can afford that $8,000.00 bath tub anymore.

posted by wild-er on April 29th 2009 at 9:42pm
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certainly a sign of gentrification in the area? soho has been gentrified for 30 years.... perhaps the bourgeois no longer want to spend 8k on a bathtub.

posted by djdvda on April 30th 2009 at 7:48am
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I would have to agree that Waterworks came long after gentrification had waved its magic wand over SoHo. And the fact that it morphed from a local store to a national chain is metaphor for SoHo's change from interesting galleries and shops to a high-end shopping mall. Perhaps this closing is a sign that SoHo might morph again into a neighborhood of locally sourced goods and art? Hope springs eternal!

posted by Mid-C Frank on April 30th 2009 at 9:13am
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You bet the rich are not buying $8K tubs anymore..Heard that in addition to the Soho location, they abruptly closed half of their stores around the country and couldn't cough up a dime of severance to those they laid off ..including the poor schmucks who had been employees for 10 plus years! After selling the most expensive products in the industry was that was the best they could do? Proves they have zero money and are about to crash and burn.

posted by flutter7 on May 1st 2009 at 12:18pm
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