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Bangkok owner to close Schenectady restaurant

Tuesday, July 30, 2013
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— The owner of Bangkok Bistro restaurants will close his Schenectady restaurant after six years in the heart of the city’s downtown.

William Phan announced the news on his Facebook page this afternoon, but did not provide a reason for the sudden closure. In a comment, though, he said the building’s lease is up Wednesday.

“As you guys know ... all good things must come to an end,” he wrote. “I will be closing our Schenectady location after 6 great years in business. I want to thank all our customers, new friends I’ve made throughout the years, staff and family for an amazing run.”

Phan invited his friends to join him at the Thai restaurant at the corner of Erie Boulevard and State Street for its last day Wednesday.

The Schenectady location made the news last year after Phan’s brother-in-law and Bangkok co-owner Israel “Bobby” Silva died in a freak dumbwaiter accident. Silva and Phan bought the restaurant in 2007, and a year later opened a second Bangkok Bistro on Central Avenue in Colonie.

The Colonie location will remain open, Phan said on his Facebook page.

 
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comments

July 31, 2013
8:16 a.m.
gina99 says...

This will fit in with the ongoing plywood only facade program on lower State Street. Dozens of abandoned businesses on lower and upper State Street. Total failure by Metroplex politicians.

July 31, 2013
8:40 a.m.

Another opportunity for the Great Erie Blvd. Folly....Is anyone keeping track to the loss of businesses during this renaissance we are experiencing?...The more money we keep sending to our investors (as we are now termed as taxpayers)..the only ones that make our are the Metroplex partners...Big G and Little G....and the cheerleaders selling us down that Mohawk River.

August 3, 2013
3:01 p.m.
artbarb says...

get ready to ante up or walk the gangplank (if you might wish to sell and leave town):
Sales during the measurement timeframe:
# Street date sold price taxed value variance
3013 Albany St 11/21/2011 $35,000 $101,400 -65%
2410 Avenue A Ext 1/31/2012 $39,000 $102,300 -62%
1079 Avon Rd 1/31/2012 $170,000 $280,000 -39%
1577 Carrie St 12/9/2011 $30,000 $47,800 -37%
851 Central pkwy 1/11/2012 80,000 136,000 -41%
1101 Dean St 2/29/2012 48,000 116,400 -59%
10 Dewitt 2/13/2012 $45,000 $95,100 -53%
1036 Eastern Ave Sold on 1/30/2012 $73,000 $111,200 -34%
2017 Foster Ave 10/31/2011 $53,000 $122,900 -57%
1448 Gerling 4/18/2012 $103,000 $157,200 -34%
1273 Glenwood 3/12/2013 $135,000 $154,200 -12%
1359 Glenwood 6/5/2198 $109,000 $124,700 -13%
1070 Glenwood Blvd Sold on 10/6/2011 $65,000 $155,600 -58%
1801 Grand Blvd 6/22/2012 98,000 165,100 -41%
1252 Keyes Ave 12/16/2011 104,500 167,500 -38%
1702 Lenox 4/17/2012 $82,000 Tax assessment $129,800 -37%
1724 Lenox Rd 7/8/2011 $50,000 $114,300 -56%
1801 Lenox Rd 5/22/2012 $105,000 $152,700 -31%
1007 Maryland Av 2/23/2012 $140,000 $193,900 -28%
1170 Oxford Plc 5/19/2012 $101,000 $133,400 -24%
1178 Parkwood Blvd 10/4/2011 $85,000 $140,100 -39%
1150 Phoenix Ave 12/9/2011 $122,000 $163,900 -26%
1550 Randolph Rd 9/30/2011 $146,000 $175,600 -17%
7 Rosa Rd 5/21/2012 $103,000 $158,100 -35%
204 Rosa Rd 8/18/2011 $82,000 $110,000 -25%
1132 Rugby 3/21/2011 $191,000 $256,800 -26%
1156 Stratford Ave 2/27/2012 $200,000 $272,700 -27%
932 Strong 11/29/2011 $15,000 $42,100 -64%
1232 Union St Sold on 6/8/2012 $49,900 $142,000 -65%
1348 Union St Sold on 4/4/2012 $106,500 $154,200 -31%
851 Union St. 2/7/2012 $83,500 $122,800 -32%
1061 Waverly Pl 9/16/2011 $139,000 $153,300 -9%
1122 Waverly Pl Sold on 4/27/2012 $118,000 $146,900 -20%
1189 Waverly Pl Sold on 6/14/2012 $106,500 $126,500 -16%
1298 Waverly Pl Sold on 1/17/2012 $98,000 $160,200 -39%
1125 Wendell Ave 1/19/2012 $176,000 $207,600 -15%
118 Western Pkwy 11/22/2011 $39,000 $60,500 -36%

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