On May 15th, the East Village Yacht Club will open in the Downtown space formerly occupied by Ludo and Chez Es Saada (38-42 E. First St.; 212-777-5617), where it will offer a champagne raw bar at street level and a retro menu downstairs. Below deck, the nautically themed digs will house a variety of spaces, including the Commodore Room (dining), Grill Room (bar) and Living Room (lounging).