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IHOP on Carmine Street in The Village is still open but a large "for rent" sign is now in the window meaning it's days are possibly numbered. Jeremiah's Vanishing New York: Carmine's IHOP
In Chelsea it is the same story for another legend Rainbows and Triangles. Owner will not renew his lease due to steep rent increase. For those interested the store is having a going out of business sale of sorts: Jeremiah's Vanishing New York: Rainbows & Triangles
The IHOP on Carmine is too far west for the bar hoppers. It would be a gold-mine in a more neutral zone.
It will be a gold mine. PERIOD.
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