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Here’s something to possibly get excited about. The recently-reopened Chinatown Fair is no longer the only game in town, so to speak. Some new competition is on deck for 153 Essex Street.

Gamers, start gathering those quarters and get ready for the arrival of Two Bit’s Retro Arcade. That wasn’t a misprint. Virtually surrounded by boozy nightlife on this corridor, the business is certainly not what we expected for the storefront, which previously hosted a temporary retail venture by urban lifestyle brand Triple 5 Soul. But it is so.

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Teaser signage, complete with punk-on-a-coin logo, arrived in the windows of 153 Essex late last week. We’ve since noticed numerous pedestrians stopping themselves at the sight. At the moment, this is the only info that’s really known about Two Bit’s. The website has yet to launch and there isn’t much more online, except that Bayside once had an outpost. However, judging this book by the cover, we might expect the classics. Here’s hoping for Ms. Pac-Man, Frogger, and pinball…

Meanwhile, the name itself refers to old-school currency. In the United States, “two bits” is the cash equivalent of a quarter (“bit” is an eighth of a dollar). Too bad most of the games in there probably cost at least twice that.

Speaking of Two-Bit: