 It has been reported that it won’t be “something newfangled but as an old-school house of chops and oysters.”

In January 2019, it was announced that Frizell, Kim and Schneider signed the lease with landlord William Jemal “after ‘hitting the numbers’ in December.” They were not sure whether to keep the name, and plans for the site had to be approved by the Landmarks Preservation Commission and the community board.On their crowdfunding page, they said they wanted “a 70-seat dining room, a 40-seat bar area, two combinable private dining rooms seating up to 60, and a separate 30-seat tropical cocktail bar upstairs.” As of October 2019 interior renovation work was ongoing.A new outdoor "Gage & Tollner" sign was erected in January 2020 and the restaurant was anticipated to open in February.