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Brooklyn Brewery's Williamsburg Warehouse On Sale For $50 Million
By
Rebecca Fishbein
Published Apr 17, 2015
Modified Apr 17, 2015
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By
Rebecca Fishbein
Published Apr 17, 2015
Modified Apr 17, 2015
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In today's disheartening real estate-related news, Crain's is reporting that the Williamsburg warehouse space that currently houses both Brooklyn Brewery and Brooklyn Bowl has been put on the market, to the expected tune of about $50 million.
Before you shiv a real estate broker, or merely feel numb at the prospect of yet another retail-meets-luxury condo development on the Northside, broker David Schechtman told the website that both Brooklyn Bowl and Brooklyn Brewery will be able to stay through their leases, which end in 2021 and 2025, respectively. By then, of course, all of Williamsburg will serve as a satellite location for the Short Hills Mall and we'll be blogging about how Hylan Boulevard is "so over," so this can't possibly be anything to worry about!
Then again, $50 million is a lot of lagers, and as Crain's points out, it could be pretty economical for a developer to buy both establishments out of their leases—the Wythe Avenue building offers up "70,000 square feet of hotel, office or retail space." Imagine all the possibilities, and then retreat under your desk with a six-pack of Sorachi Ace. You can cry down there. Your boss won't mind.
Brooklyn Brewery and Brooklyn Bowl reps did not immediately respond to requests for comment.
Update 2:08 p.m.: Brooklyn Bowl owner Peter Shapiro tells us, "Brooklyn Bowl has a long-term lease and we don't plan on going anywhere."
Tagged
brooklyn
Brooklyn Bowl
brooklyn brewery
real estate
williamsburg
Rebecca Fishbein
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