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PriceChopper: How Low will Lambs Go?

We bring back the PriceChopper heading to revisit a classic 'Chop, the East Village townhouse of restaurant royalty Jack and Grace Lamb, also home to Jack's Luxury Oyster Bar. Well, it was the home. While Eater reports on JLOB's move to a different space, we focus on the three-floor 5th Street townhouse that is the base of Lamb operations. Originally on the market for a staggering $3.5 million ($3,805/sf!), the home+retail space quickly took a detour to $2.5 million before coming to a halt at today's price: $1.7 million. A full 50% PriceChop? Hold us. Yeesh, is there no one else out there who wants to live in the same place where they operate a 14-seat restaurant? C'mon!
· Listing: 246 E. 5th Street [Corcoran]
· Curbed PriceChopper Special Edition: Fresh Lamb [Curbed]
· Lambs' EVil Empire Shrinks Again [Eater]