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For all we know we’re months behind the curve on this one, but we just noticed that there’s a large For Rent sign adorning the historic building (formerly Gage & Tollner’s) at 372 Fulton Street where the T.G.I.F. flag used to fly. (A wider view on the jump.) Given the existing dining and retail options in the immediate area, it’s hard to imagine anything too upscale taking its place, but one can hope. As these photos from Forgotten NY show, the interior (which has landmark status) certainly deserves something more than a glorified fast-food franchise. But could this location support something like an upscale steakhouse at this point in time?

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  1. hope that the restaurant has gas-lit sconces; i don’t like my scones charred. i hear the rent is $30,000/month. love the pictures on kevin’s site. there’s a dinner smoking in one picture … now THAT is forgotten new york.

  2. I’m pretty sure that is new – I don’t think it was there last weekend when I passed by there. But as for being able to support a higher end restaurant, I don’t think its quite there. Maybe in a couple years when some more of the projects around there are finished.

  3. I believe the gas lit scones are still there…I had my birthday dinner there a year or so before the turned it into tgif, I remember eating there a couple tiimes as a kid, it was great. Wasnt there a stabbing in there the first week they opened?…I doubt it will beccome anything special…it jumped the shark when Steven Segal got threatened by the mob there a few years ago…

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