Brooklyn Brewery Signs 15-year Lease

After being nearly forced out of town by rising rent prices due to area landlords unappeasable appetite for condos, hotels, and faux-flea markets, the Brooklyn Brewery has taken advantage of the tanking real estate market in Williamsburg and signed a 15-year lease at $15 a square foot, "significantly higher than he had been paying but only about half of what landlords sought at the peak of the boom." Aaaand boom goes the dynamite, we'll have Brooklyn Brewery for the foreseeable future.





Comments
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Posted by: replica watches | March 17, 2010 04:43 AM
Thank the gods of brew that we didn't lose another local business.
(RIP Black Betty, Planet Thai, etc..)
They did move their brewing operations upstate a few years back, if I recall, because they couldn't find enough cheap land here to increase production.
Posted by: jJinBklyn | November 5, 2009 04:17 AM
Yay!
Posted by: David Auerbach | November 3, 2009 12:11 PM
Ham'dulah, thank god !
Posted by: Alex | November 2, 2009 03:10 PM
Ham'dulah, thank god !
Posted by: Alex | November 2, 2009 03:09 PM