small shops. The creeping gentrification from the Lower East Side has not yet gained a foothold here. But some small businesses are still being forced out by rent increases: Cup and Saucer, a 1940s luncheonette on the corner of Canal and Eldridge, closed in 2017, after the building’s owners imposed a 93% rent increase.

86-94 Canal Street: Directly across the street, a much different neighborhood landscape has been created. This new 12 story building with 32 residential units was built by Andy Chau’s Wing Fung Realty Group in 2016. The storefronts of this new building are currently empty, leaving behind a stagnant streetscape.

80-84 Canal Street: Along the south side of Canal between Eldridge and Allen, on a block sandwiched between Andy Chau’s new tower and the incoming Jarmulowsky BankBuilding hotel, almost every storefront has been emptied out, including a jewelry shop, an internet cafe, and a bus station.

54 Canal Street: The Jarmulowsky Bank Building, purchased in 2011 by DLJ Real Estate Capital Partners for $33 million, is continuing along in its transformation into a upscale hotel.

53 Canal Street: The Alexander Olch boutique on the corner of Orchard Street, which opened in 2015, marks the westernmost advance of gentrification along this stretch of Canal Street. To its east, the block between Orchard and Ludlow also houses a tattoo parlor, a skate shop, the “hipster hangout” Dimes, and Cervo’s, an offshoot of a Bed-Stuy restaurant.

43 Canal Street: Cervo’s replaces the short-lived outpost of Pies n’ Thighs, another restaurant which originated in Brooklyn. Cervo’s was a recently New York