Tuesday, July 7, 2015
Rent reduction at the former Bourgeois Pig space on East 7th Street
As previously noted, the former Bourgeois Pig space at 111 E. Seventh St. has been on the rental market. According to a listing, the storefront between Avenue A and First Avenue had been asking $10,500.
Perhaps a prospective tenant found the price too high? This message appeared on the door the other day...
Interestingly enough, the rent was recently reduced ... down to $7,750 monthly...
The Bourgeois Pig closed for good in late January, moving to a new location on MacDougal Street. As Eater reported back in November, a rent hike was behind the 10-year-old bar's East Village closure.
6 comments:
Your remarks and lively debates are welcome, whether supportive or critical of the views herein. Your articulate, well-informed remarks that are relevant to an article are welcome.
However, commentary that is intended to "flame" or attack, that contains violence, racist comments and potential libel will not be published. Facts are helpful.
If you'd like to make personal attacks and libelous claims against people and businesses, then you may do so on your own social media accounts. Also, comments predicting when a new business will close ("I give it six weeks") will not be approved.
Greedy and disgusting. There is no reason that restaurant should have had to move.
ReplyDeleteI never went there, but the idea of them having to move their longtime home to the West Village is ridiculous. And now the landlord is maybe seeing that. That's a big reduction. Too many empty storefronts. Unsustainable.
This is a good start. Now I hope the entire retail rental market in NYC collapses to the point that real businesses can move in.
ReplyDelete"overpriced"
ReplyDeleteIt would be nice if more of these "taggers" had a perspective, and used their "artistry" for something other than purely self-referential, self-aggrandizing gibberish. Because it is a fairly good medium for social commentary.
Anonymous 10:39, They weren't there long enough for it to be called their "longtime home".
ReplyDeleteWith all of the spaces that have been vacant, I'd think that this would be the start of a trend.
ReplyDeleteThe corporation gets to take the asing price off their taxes as loss, so don't expect the big corp. landlords to budge
ReplyDelete