In 1991, after the release of Street Fighter II: The World Warrior, Chinatown Fair switched focus to competitive fighting games.

Top players such as Justin Wong, NYChrisG, Michael "Yipes" Mendoza, and Sanford Kelly frequented the establishment.

On May 5, 2012 over a year later it reopened under a new name "Chinatown Fair Family Fun Center" with new manager and part owner, Lonnie Sobel.

[11] Competitive fighting game players relocated to Next Level, a Brooklyn arcade owned by Chinatown Fair's former manager, which opened in 2011.

[12] In 2011, filmmaker Mark Hayes released Chinatown Fair, a short documentary capturing the period between the arcade's closing and re-opening.