Simone Tong opened the restaurant in July 2020.[2] The restaurant closed temporarily in early 2021.[1] The restaurant's name was derived from a name for the gingko tree.[3] Due to the COVID-19 pandemic and associated restaurant closures, the restaurant initially served food designed to work well as takeaway.[4] During the pandemic, the restaurant had an outdoor dining shed.[5][6] The restaurant's kitchen was characterized by co-owner Emmeline Zhao as "tiny" at 90 square feet.[7]
Zhao operated Figure Eight during same time she operated Silver Apricot; the two restaurants were located next to each other on Cornelia Street.[8] In July 2024, the restaurant's operators announced Silver Apricot would close the following month and that they would retain the space to open a new restaurant,[9] Cora.[10]
Wells included the restaurant on a list of restaurants that opened during the COVID-19 pandemic and which featured outdoor seating, published in 2021.[13] In his description of Silver Apricot, Wells praised the relationship between the all-American wine list and the restaurant's food.[13]
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