This Greenpoint stand-by recently shut down. After a fire and some flooding in recent months, the 981 Manhattan Avenue location closed instead of proceeding with needed repairs.
This also comes as a surprise since the Greenpoint shop had revamped its image and even started to carry more carefully curated and selected merchandise.
Could it be the rising property values? Some signs point to yes. Now, the location has a “For Rent” sign on its awning. Or, perhaps the building owners are hoping to close in on an over $36 million sale like the former Salvation Army site in Williamsburg.
A spokesperson commented on Crain’s that renovation costs were too much to handle, thus leading to a closure, and now, a for sale sign.
But, where will residents who depend on programs and shops like the Salvation Army get their needs met?
Sources: Brooklyn News 12