In a huge corporate blowup, Chip City, the NYC-born chain that opened here on Greenwich and Duane in 2022, has closed all its locations permanently. The website says the chain suffered from “significant macro-economic headwinds.” (Thanks to A. for the shot.)

The Post has a bigger story, though nothing concrete to report other than a lawsuit they say was filed by one of the co-founders against Danny Meyer’s investment firm, which pumped two rounds of funding into the company over the past few years.

Chip City was founded by Bronx Science classmates Peter Philips and Teddy Gailas, who, nearly two decades ago when they were teens, decided they should open a business together. They went for it in 2017 — Peter coming from the construction trades (he does the store buildouts himself) and Teddy from restaurants (his parents ran the Moonstruck Diner) — sort of on a whim. They opened Chip City in Astoria, hoping to sell 100 cookies a day.

When ours opened in 2022 it was their 18th store and they were at that point on track to open 35 (!) by the end of the year.

Their model was small retail spaces, since they make and freeze all the dough at their 18,000-square-foot facility in College Point. The cookies were baked fresh at each location. It seemed like a good model, so maybe it was just corporate shenanigans that took them down?

“Despite extensive efforts to stabilize our business in the face of significant macro-economic headwinds,” their statement read, “we have made the very difficult decision to close all of our Chip City locations. We are grateful to our dedicated employees and loyal customers who have supported us for the past 10 years.”