On weekdays the place looks pretty quiet but it is very classy and 100% gay so I hope it can survive. However, it is a bit pricy. Go down Madison a bit to 12th Avenue and make a left you will see the recently opened and friendly Cafe Presse. It is a small but bright French Cafe and the menu is pretty good value. Good French wine by the glass is $3.50 - $4.00. If it looks full there is more seating in the back but I prefer the front area.
For those looking for a place to eat personally I would avoid Broadway and there are some good places along Pike and 15th Avenue. 15th Avenue is really exploding with culture. From the creators of Linda's bar comes "Smith" on 15th Avenue which is worth checking out mostly straight but very friendly and the atmosphere is dark and cool with stuffed animal heads on the wall. They serve a reasonable but unique bar food such as venison meatloaf, full bar and premium pitchers of beer such as Stella for under $12.
Further down 15th is the small but very popular "Liberty", one of the best pizza places in town in "Olympia Pizza", one of the best Thai places in town in "Jamjuree." All restaurants on 15th are gay friendly and probably more enjoyable then most on Broadway and it is only 3 blocks from Broadway.