• A TGI Friday's and Tim Hortons in Union Square? The Riese Organization, which just acquired the building that once housed Zen Palate, says it will bring the chains to the 'hood if it can't find a higher-paying tenant. Uh oh. [Crain's]
• The Beatrice Inn isn't expected to reopen, but co-owner Paul Sevigny has another venue in the works. He's opening a club/restaurant in SoHo, and this time around it will be located "away from residential areas." [NYT]
• Billy Gilroy (Employees Only, Macao Trading Co.) and photographer Patrick McMullan plan to open East Side Social Club in Midtown in late October. [SB]