The Fourth Avenue Starbucks Dream is dead. Yesterday, we ran a photo of the awful blight at the corner of Fourth Avenue and Third Street where a building was planned that would have housed among ohter things, a Starbucks. Uh, cancel that soy grande latte, please. Not only is the Bucks dead, the entire project, as we suspected, is as dead as resisdents of Green-Wood Cemetery. Per our tipster: “Starbucks backed out of the deal, so the new owner is now f***d and trying to sell it.” The land sold for $3.25 million, but is now on the market for $3.2 million (WARNING: PDF) and will likely sell for considerably less. How low will they go? Only time will tell. Could you make that a Venti?
5 responses so far ↓
1 *Everyday Chatter - Projectbackslash // Feb 26, 2009 at 2:20 pm
[…] No Starbucks for Gowanus. [GL] […]
2 ff // Feb 26, 2009 at 5:43 pm
Good riddance.
Brooklyn to Starbucks (and other chains): Get out, and stay out.
3 Danny // Feb 26, 2009 at 9:20 pm
That’s good – that corner is better vacant than it s becoming even more generic.
4 Jon S. // Feb 27, 2009 at 3:24 pm
This provides a great opportunity for Dunkin Donuts!
5 Marie B // Mar 1, 2009 at 7:52 am
I’d rather have a Starbucks than a vacant lot which invites dumpers and rats. Look at 3rd and 3rd; look at 3rd and Bond; look at 3rd and Smith; Vacant, rat infested dumping grounds.