Thursday, June 25, 2015
As we noted earlier last week, a rent hike is forcing George Philbert to close his bike shop at 193 E. Fourth St. at the end of the month.
Several readers have noted that the for rent sign has arrived in the storefront just east of Avenue A.
The listing at Bond, which appears to show a different business in the space, notes that a restaurant is OK for the space. The asking rent is $3,750 for 340 square feet.
After working in bike shops for 10 years, George finally opened his own place in 1980 on East 12th Street. A rent hike saw him move to his current location at 193 E. Fourth St. just east of Avenue A in 2008.
Previously on EV Grieve:
Rent hike will force Bikes, By George! to close on East 4th Street