Is Great Lakes Going to Dry Up?
Some Slopers on Brooklynian are wondering whether Great Lakes, the much-loved bar on 5th Avenue and 1st Street, is in danger of closing. A “For Lease” sign was put on top of the building, and the property is being shown by Massey Knakal. Great Lakes’ lease is up in April, according to Kari Neering, Massey…
Some Slopers on Brooklynian are wondering whether Great Lakes, the much-loved bar on 5th Avenue and 1st Street, is in danger of closing. A “For Lease” sign was put on top of the building, and the property is being shown by Massey Knakal. Great Lakes’ lease is up in April, according to Kari Neering, Massey Knakal’s director of public relations, who says it’s likely that the bar will close then. A source with knowledge of Great Lakes’ situation says the bar probably isn’t going anywhere, though. “The landlord is looking around to see how much interest there is in it,” said the source, who asked not to be identified, “but this sort of thing happens all the time, and it doesn’t mean the bar is going to close.” Time will tell, apparently.
Great Lakes … For Lease? [Brooklynian] GMAP
I’m no math magician, but according to 3:06, it’s about $85 PSF. Hmmm. You own a building 3:08? Must have a good accountant.
Lets see a show of hands. How many believe it will get $8500 per month?
I have a bar that I rent on 5th and 5/6. 1500 sq feet not including the back yard and basement. when the lease is up (very soon), I won’t ask anywhere close to that. $108 per sq foot is way too much.
I saw the listing on craigslist. It’s $8,500/mo for 1,200 SF. I don’t know the rental market in the area, but I gotta imagine corner location is worth more. One story buildings are also rare in the slope. It’s also right next to Blue Ribbon. Yum!
for the record their looking for close to 9 thousand rent for this complete dump of a store that will need total gut reno. and thats for 1000 sq feet . i have a place on 7th ave in a good spot that rents for less then this andis 200 sq feet bigger which is a brand new lease. the asking price is absurd.
There’s RAZOR, that place on 5th Ave. between 3/4 st., 2:10. Never been in there myself (I’m a cheap slob) but it seems to fit the bill. Happy spending!
I really could use a small, understocked, overpriced MENS boutique in the Slope, though.
Seriously.
How about an overpriced boutique set in the middle of an OTB? Highest and best use!
We need more small, understocked and overpriced woman’s clothing boutiques.
Or an OTB.