Monday, May 6, 2019

The Blind Pig is closing on 14th Street following 50% rent hike


[Image via TripAdvisor]

The Blind Pig, the sports bar (home to Arsenal supporters in the English Premier League), will close on May 18 after 13 years in service.

Ownership made the announcement on Facebook this past weekend.

In the comments, the owners said that "the lease is finished and the landlord bumped the rent 50 percent" in the storefront here at 233 E. 14th St. between Second Avenue and Third Avenue. (Public records list the landlord as the Berliza Corp.)

And here's the full post from the Blind Pig:

To our friends and loyal guests,
It is with a heavy heart that Blind Pig must close our doors for the final time.

For the past 13 years we have been a part of this community and you have supported us through good times and bad.

For that you have our everlasting thanks. We hope we have reciprocated by providing you with a comfortable place to meet friends, unwind and grab a great burger and a cold beer.

We will miss this moving forward but its not over yet. Come say goodbye as we wind down 'the Pig' and make sure no beer gets left behind. Our last day will be May 18th, 2019.

Finally we would like to give a special thanks to our staff who over the years have been the real heart of Blind Pig. We wish you all the best and hope to see you for a final beer.

Cheers,
The Blind Pig Team

Updated noon: There's a Loopnet listing for the space. The asking rent is $300,000 annually. (H/T Steven!)

Thanks to Vinny & O for the tip!

5 comments:

Anonymous said...

Wait, so how much under market value were they paying for how long? There are 2 sides to every story...

Anonymous said...

Yes, for all of the business's closing because of dramatic increases in rent by the landlords, we should all stop and think about the other side of the story. I mean, they're all paupers and require the 50% increases they seek.

geoffism said...

Well, probably paying marketing rate in 2006...

Anonymous said...

If rents keep rising , NYC will become a ghost town, and it started already

Eat Butt said...

Oh, those poor Manhattan real estate owners! What plight must be upon them! /s