When you get to Los Corales (where New York Bakery, Danny's sports bar etc is) continue straight on instead of following the main road that curves to the left. After just a few metres, take the first right and follow the road round turning right again at Stanza Mare. At this point there are a couple of barriers, and signs to Balicana.
We were there about a week ago. They just started opening for lunch again with their fabulous "bowl menu"