They say they'll be serving "elevated Tapas"; which means overpriced small plates. Haven't we seen this movie before? They don't have a menu on their website; this place is a club, first and foremost.
There's a fixed crowd in this area, and this place won't be drawing anyone in with this idea. What's their plan, to steal some Tuesday business from Apothecary? Grab some overflow from Rooftop if it starts to rain?