The reason why Urban Chislic closed is due to losses.
Urban Chislic was a locally owned, original concept which featured chislic and has closed after 6 years in business.
The owners of Urban chislic that was located at 431 W. 85th St, said that they decided to cut their losses.
Basically Urban Chislic was no longer profitable enough to continue operating and so the owners made the decision to cut their losses and close.
If Urban Chislic continued operating they would continue to lose money so it was in their best interests to close the business.