Bergen Street Brewery Still on the Block?

In March, we found out that this former Brewery, at 949 Bergen, had been sold for $7.5 million, $500,000 less than the asking price; it includes two lots running from Bergen to Dean, with approximately 90,000 buildable square feet. But the same sign announcing its availablilty is still affixed to the facade. According to ACRIS, the buyer was Crow Hill Development LLC, but there's been no activity since then, save for some new street art painted on the bricks. Someone from Crow Hill wrote in anonymously in March to say that "the intention is to preserve all the 19th Century brewery buildings along Bergen and Franklin Streets. Along with some new low-rise construction on Dean Street, we should be able to hit the maximum FAR without bringing down any of the amazing structures that are in your photo — the insides are even more amazing." They mentioned retail on the ground floor, and perhaps even a brew pub. Anybody know what's happening now?
Bergen Street Brewery Off the Block [Brownstoner]

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Simple...they're out of money. Sama as that Scarano place yesterday. It's a recurring theme that you'll see more of.

Posted by: daveinbedstuy at November 4, 2008 11:44 AM

Love those brick arches.

Posted by: dittoburg at November 4, 2008 11:48 AM

I have no new info, but hope they will someday be able to put their plans into play. This is a wonderful site, our small version of a Dumbo/Soho kind of industrial site that Crown Heights has very little of. I hope the owners have enough money to make sure it doesn't deteriorate while waiting for the economy to swing back.

Posted by: Montrose Morris at November 4, 2008 1:35 PM

i have admired that bldg while waiting for the bus for years, I would totally buy there.

Posted by: bulla at November 4, 2008 2:16 PM

I got pissed off waiting for the A train for more than 10 minutes this morning. I can't imagine waiting for a bus for years. :)

Posted by: daveinbedstuy at November 4, 2008 2:19 PM

This is the same developer that did the Zinc building in TriBeCa and 95 Lex in BedSty. The new development is waiting for funds to free up from those projects. Both developments are selling, even in this market, so it should be just a matter of time. 95 Lex is a very sensitive conversion of an industrial loft space and is a good indicator that you should expect great things at the brewery.

Posted by: lexzoo at November 4, 2008 4:32 PM

I hope they go through with those alleged plans. Sounds awesome.

Posted by: KHuebbe at November 4, 2008 4:43 PM

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November 4, 2008

Bergen Street Brewery Still on the Block?

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