Especially as James seems to have cleared up that little mystery, I'm going to pull a Synestre
and post something back on the original topic, here.
The corner location that used to be a swing bar, on 5th Ave at 14 bis (basically at the bottom of the hill, there) is coming along and now has marble all along the facade of the upper level. There was some kind of event there the other night and I stopped by to ask the guy evidently in charge about it, but he told me it was just a one-off thing that night and that the place was being offered up for rent.
So I guess there's no specific plans for it, if he was right, and thus any Peeps looking to make the move to Playa and start a business might want to check that out.
Steve