A few readers got in touch with word that ultimate dive Hank’s Saloon, previously up for foreclosure, renewed its lease on the corner of Atlantic and 3rd avenues. Apparently it is only for three years, and at a higher rent. There will be a fundraiser in the coming months to make up for the difference they will need. We also hear the adjoining lot along 3rd Avenue sold. That was also up for foreclosure, along with the brick townhouse at 514 Atlantic Avenue next to Hank’s. (Nothing on public records for either property yet.) In 2008, a plan to develop that entire corner fell through.
Hank’s Saloon Building Hitting the Block [Brownstoner]