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Business & Tech

St. Clair Diner Likely to Close with Building Sale

Thor Equities purchased the building at 292-294 Atlantic Avenue for $5.4 million, and plan to redevelop with upscale retail.

Get ready to say goodbye to the , as last week the Brooklyn Eagle reported that Thor Equities purchased the building at the corner of Atlantic Avenue and Smith Street for $5.4 million, with plans to redevelop the first two floors with upscale retail.

Yesterday, Eater NY reported that they spoke with employees at the Boerum Hill restaurant, who didn’t know what was in store for the business, but their insiders said the diner has about three months left. 

In May, Brownstoner reported on the building’s listing, mentioning that the restaurant’s lease expires in 2017, but “the space can be delivered vacant.”

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"I'm a big believer in the transformation that's about to happen because of all of the new residents. It's a wonderful opportunity to buy the best corner in all of Brooklyn," Joseph Sitt of Thor Equities told the Wall Street Journal earlier this week.

The St. Clair Diner opened in 1920, and its owners had renovated the restaurant in 2007, according to Eater.

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