closings

Is Five Guys Getting Priced Out of Brooklyn?

Double trouble.

Double trouble.

Here's Park Slope notes that the Five Guys at 164 Park Place and Flatbush Avenue has closed permanently, and a comment notes that a "pile of discarded hamburger meat and French fries" had been left out by the curb this morning. Did the D.C. metro area fast-casual chain expand too fast in Brooklyn, saturating a cluster of restaurant-filled neighborhoods with affordable burgers, or is the rent too high, as some have speculated? The Cobble Hill storefront where Five Guys closed last August is going for $85 per square foot, which seems to be par for the main drag of Court Street. [HPS, Earlier]

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