Haifa Food Market to Close this Week

While they managed to re-open following January's fatal fire that started in Flatbush Hardware next door, Haifa Food Market closes for good this weekend.

263 Flatbush, near St. Marks

Wow. That place has been there for as long as I can remember. I wonder whether this place just couldn't recover fully from the fire or whether there was another underlying cause. 

I doubt they were selling enough vegetables and groceries to pay the $10k a month the landlord now seeks.

Space Available:1,260 SF
Rental Rate:$10,000 /Month
Space Type: Street Retail
Lease Type: Other

http://www.loopnet.com/Listing/19287415/263-Flatbush-Ave-Brooklyn-NY/

Frankly, I don't know that anyone can sell that many fruits and vegetables in that location......

I think the family owns the 2 buildings. The father passed last year and the brother perished in the fire after jumping from back balcony. I am sure Ahmed the last remaining sibling wants to cash in on the high Barclays rental market. A restaurant would b a good fit there, maybe a good Indian.

that is a little obscene, for the rental to be that high.. 

The restaurant would have to be very high profit, like a big corporate chain.

After 45 years, and two recent deaths, I wonder if the family is retiring.

I also wonder if they need the additional rental income from the Haifa space to make repairs of the burned out building happen.

Rachel does not seem to know:   http://www.dnainfo.com/new-york/20150810/prospect-heights/haifa-market-prospect-heights-closes-after-45-years-business