The upscale sugar emporium’s Upper East Side flagship is closing, sources familiar with the store say. The property at 1011-1029 Third Avenue, which includes Dylan’s nearly 13,000-square-foot store, is listed for lease by Ripco Real Estate.
Ripco’s Richard Skulnik, who is listed as one of the brokers for the site, confirmed that the property is available but declined to comment otherwise.
The apparent closure of the Third Avenue flagship, which opened in 2001, is the latest setback for the struggling retailer. One supplier told The Real Deal that it hasn’t been paid for months.The Real Deal