LIC beer garden Bierocracy hunting for new BK outpost

Plans brewing for hall as big as 35K square feet

New York /
Mar.March 31, 2016 02:40 PM

The owners of Central European-style beer garden Bierocracy in Long Island City are looking to tap into the Brooklyn market, with a space as big as 35,000 square feet, sources told The Real Deal.

Prague-based investor Marek Chatrny and his partners have been scoping out Brooklyn properties for a large second outpost as an early step in a large international expansion. He recently checked out the Loeffler family’s 55 Kent Avenue in North Williamsburg, where retail rents are north of $70 per square foot, according to sources familiar with the search.

In November, the first Bierocracy beer hall opened at 12-23 Jackson Avenue in Queens, occupying 8,500 square feet. That venue’s ground-floor space spans 4,000 square feet.

But the beer garden in Brooklyn could be significantly larger, with Bierocracy seeking between 10,000 and 35,000 square feet. The owners previously checked out retail spaces on the Lower East Side and elsewhere in Manhattan, but for now is focused on Brooklyn, sources said.

Chatrny, who could not be reached for comment, told the Village Voice in 2014 he wants to open 100 beer garden locations over the next 10 years.

Constellation Real Estate Advisors’ Ryan Reszelbach, who is representing Bierocracy in the search, declined to comment.

German beer garden Studio Square occupies about 30,000 square feet in Astoria, with a maximum capacity of 2,500 people. The Vanbarton Group is in contract to sell that property, largely occupied by WeWork, for $70 million.

Brooklyn’s most popular beer halls include Radegast Hall & Biergarten in Williamsburg, Spritzenhaus in Greenpoint and Brooklyn Bavarian Biergarten in Park Slope.


Related Articles

arrow_forward_ios
A photo illustration of Tishman Speyer CEO Rob Speyer and 28-10 Jackson Avenue in Long Island City (Getty Images, Tishman Speyer, Google Maps)
LIC tenant claims Tishman Speyer violated rent stabilization
LIC tenant claims Tishman Speyer violated rent stabilization
Carmel Partners' Ron Zeff and a rendering of the LIC project (Getty Images, Carmel Partners, Privcap)
Carmel Partners nabs $364M loan for Queens development
Carmel Partners nabs $364M loan for Queens development
Chris Jiashu Xu and the Skyline Tower (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images, Jim.henderson, CC BY-SA 4.0 - via Wikimedia Commons)
Skyline’s $1B slog: The quest to sell out Queens’ tallest building
Skyline’s $1B slog: The quest to sell out Queens’ tallest building
From left: Century Development's Group’s George Xu and City/Rybak Development’s Sergey Rybak with 78-29 Austin St./11-36 45 Road
Rybak, Century file to build Queens multifamily projects
Rybak, Century file to build Queens multifamily projects
Tavros Capital’s Nicholas Silvers and Charney Companies’ Sam Charney in front of 24-05 thru 24-19 Jackson Avenue in Long Island City (Getty Images, Tavros Capital, Charney Companies, Google Maps)
Tavros, Charney plan 55-story rental on long-stalled site
Tavros, Charney plan 55-story rental on long-stalled site
IPG's Andrew Chung with rendering 23-30 Borden Avenue (Innovo Property Group)
Andrew Chung lands major refi for LIC last-mile project
Andrew Chung lands major refi for LIC last-mile project
Knickpoint Ventures' Matthew Sprayregen with 160 John Street and 37-19 Crescent Street (Knickpoint Ventures, Google Maps)
Sprayregen son sells self-storage for $56M payday
Sprayregen son sells self-storage for $56M payday
38-59 11th Street in Long Island City (Gene Kaufman Architect, iStock)
Daryl Hagler books $63M Long Island City hotel sale
Daryl Hagler books $63M Long Island City hotel sale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...