8/4/2008 Final Update:
Sleep Cheap is finally gone!
Been meaning to post this for a while, but Sleep Cheap decided to stay in Hoboken and has moved a few doors down.
What’s up with the oddities surrounding the letter “S” in Hoboken? Mayor Robert, 7-Stars Pizza, and now “Nobody beat Sleep Cheap”. Unless, of course, they’re referring to the fact they didn’t leave town.
See their old location and near departure below.
Seems as if they’re staying (for the time being). Word is that the owner is “trying to work something out” with the landlord and told the manager to “take the sign down”. They’ll be there as long as they can.
In case any of you are keeping track, they’ll be closing at the end of the month. They have a new sign that is “counting down the days” (this pic is a few days old).
The ironic twist of this picture is that the reason they were so cheap, was because of the low overhead. Now the reason for them closing is the huge rent increase. Maybe they should edit that sign to say “high” and point an arrow at the “last days” sign.
Good luck in your other location, Sleep Cheap!
Swung by here yesterday to see if they had any interesting items for sale. They still had a lot of stuff left, but what I was looking for (a new mirror), they had a limited selection.
But in the process, I asked them why they were moving. Yep, you guessed it, the landlord insisted on raising their rent over 25%, and the proprietors decided that it was no longer a viable option. The traffic they get isn’t want it used to be. I guess people are either going to IKEA or higher-end places such as Crate & Barrel or Pottery Barn. Plus I bet the internet doomed them a bit as well. They have no firm date as to their departure. Could be a few months.
What’s with all these ridiculous rent increases (including Archstone)?
I guess they’ve voluntarily nominated themselves into the doomed category. Known about this for quite some time, but just never got around to getting a picture of this low-priority event. Now here you have it.
They’ll continue operating their massive 6-floor store in West New York.
They cram a lot of crap in there.
Description – Furniture store
Services – Living rooms, bedrooms, wall units, Accessories
Website – www.sexyeuropeanfurniture.com
Address – 410 Washington St, Hoboken, New Jersey ( NJ ) 07030-4872
Telephone – (201) 222-2766