High Rents Killing Montague Street
With a high concentration of wealthy residents and plenty of nearby businesses, Montague Street in Brooklyn Heights should be a vibrant retail strip but it appears to be a victim of its own overinflated sense of self-worth: Eight storefronts on the five-block stretch are now vacant, victims, The Daily News reports, of too-high rents. “The…
With a high concentration of wealthy residents and plenty of nearby businesses, Montague Street in Brooklyn Heights should be a vibrant retail strip but it appears to be a victim of its own overinflated sense of self-worth: Eight storefronts on the five-block stretch are now vacant, victims, The Daily News reports, of too-high rents. “The common denominator is high rent,” said the Brooklyn Heights Association’s Judy Stanton. “Little businesses will come here if they think they can make a profit, but it handicaps itself with the high rent.” Recent casualties include Heights Books (which is moving to Smith Street), Blue Rose and Spicy Pickle, which by all accounts wasn’t any good anyway. Do you think landlords are going to get a clue?
Montague Street Hitting the Wall [NY Daily News]
Photo by tosca2002
Montague is kind of a strange street, and I agree that the demographics probably contribute to the up and down nature of retail.
I remember Montague having a Fish’s Eddy outlet for a while. Then it just vanished. One of the few reasons to actually go down there.
But we were there a few weeks ago and tried *Lantern Thai* restaurant. Wow, it was EXCELLENT. Beautiful presentation on the food, the duck salad we shared was the best I’ve ever had. I hope this restaurant does well and people in the neighborhood support it.
Maybe the downturn will help and some businesses with a little more energy will pop up. Montague just has this stuffy vibe that I don’t totally get. It’s a beautiful street to walk on though and I’d like to see it thrive.
Adam Dahill I am pissed that our government is giving out money to sleezeball homeowners that overcharge me for rent. Sorry can’t talk to you I have to go watch Secrets to buying Forclosed Homes
Park Plaza Diner has the best pancakes – yum yum yum.
Agree about Happy Days- it was fun in a real teen kinda way. Grand Canyon was never a favorite- the hamburgers were dry as dust.
“menu” that is…
I tried Park Plaza for the first time a couple of weeks ago and agree it wasn’t great. I’m always a bit nervous about the freshness of the ingredients when there are hundreds of items on the memu. The service, however, was very friendly.
Biff,
I’m not out at that hour anymore, but I like to think back to the days when it was possible…
…and might be one day again 😉
I am not a fan of the Park Plaza in any way. I’d eat Happy Days sober in the light of day before I’d dine at the Park Plaza. But that’s just me…
umm greasy drunk food in the heights:
park plaza diner > open 24hrs on the weekends, 2am on weeknights
“And Biff,
Happy Days may not be high class, but at 3 am there aren’t a lot of options for greasy drunk food on Montague St.”
christopher, point taken. Then again, I’m not often out at that hour any more…