Cupcakes are coming to Wall Street.
Crumbs Bake Shop recently closed on a 550-square-foot lease at 67 Wall Street, according to Winick Realty. The two brokers on the deal were Winick’s Darrell Rubens and Angelina DeRichie. The planned opening for the new store is late August.
The bakery, which serves over 30 different styles of cupcakes, has four other Manhattan locations to satiate the butter cream addiction that is spreading through the city. However, the new Wall Street location might require them to sell a few more baked goods than they are accustomed to. According to a source with knowledge of the deal, the asking rent on the space was between $250 and $300 per square foot.
Crumbs, which opened its first store in March 2003 on the Upper West Side, is also going to be in some high-class company. Tiffany’s new store will be located down the block at 37 Wall Street; BMW has a showroom at 67 Wall Street; and super high-end clothier Hermes recently opened a store at 15 Broad Street.
The real question on everyone’s mind, though, is: How long until the Department of Health shuts them down?