Don't call it a comeback.
Earlier today, Next Level (via Facebook) announced that they are open for business.
Next Level is the spiritual successor to the Chinatown Fair. The arcade is located at 4013 8th Avenue in Brooklyn, NY 11232.
Henry Cen's Next Level opens everyday at 12PM. Last night the arcade held a Super Street Fighter IV Arcade Edition and Marvel vs. Capcom 3 tournament dubbed "Sunday Night Showdown 3."