Postings

Dives Take A Dive

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Next month, Jackie’s Fifth Amendment, a longstanding Park Slope bar, will close—due not to increasing rents but rather its owner’s declining health and his family’s reluctance to take over.

Famed for its $10 bucket of beers, Jackie’s will join a long and distinguished list of watering holes—many of them dive bars—that have faded from service, gracefully or not, as property values continue to climb across the city. The Commercial Observer profiles a few of the most notable. Read More

Lease Beat

Demolished Dive Mars Bar Could Return

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A third wave of mourning for dear departed dive Mars Bar crested yesterday when news broke that TD Bank had signed a lease at the former site of the punk-drunk-artist-squatter-hanger on haunt whose closure and demolition in 2011 was seen by many as (yet another) nail in the once-scruffy East Village’s burnished coffin.

Now, a source familiar with the deal tells us that the lease includes a second retail space whose future tenant could assume the notorious Mars Bar’s trade name and liquor license. The development company BFC Partners reached an agreement with the Mars Bar crew that would allow the next commercial tenant to occupy a 4,456-square-foot basement and ground floor space under the proud, stubborn  and–who knew?–business-minded Mars Bar auspices. Read More

Notables

Moby’s Big Real Estate ‘Play’

The Post dropped by Moby’s apartment recently, where he showed the tab around his 1,200-square-foot loft in a former Civil War prison. The eletronica king moved in back in 1996, according to city records, when the area was just a no-man’s-land north of Little Italy, yet to be rebranded by bohos and brokers as Read More