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January 31, 2012

Goodbye, Triangle Sports: in 2005, Atlantic Yards sounded like a boon; now it's a reason to close

Atlantic Yards Report

From a 7/6/05 New York Times article headlined Brooklynites Take In a Big Development Plan, and Speak Up:

Henry Rosa, 55, the co-owner of a sporting goods store at Flatbush Avenue and Dean Street, said: "I suspect it will be great for us. Once the project is complete, with new residents here, it will bring us more traffic." But he said that if he lived in the area, he would probably be angry.

From today's Wall Street Journal, Bowing to Change: Brooklyn's Triangle Sports Feels the Pressure From All Sides:

A family-owned sporting-goods and apparel store on Flatbush Avenue in Brooklyn is calling it quits after 96 years in business, another sign of changes sparked by the coming of the nearby Barclays Center arena complex.

Feeling the pressure from big-box stores and the weak economy, Triangle Sports has put its building up for sale in hopes of finding a store or restaurant itching to be close to the multiuse sports, retail and residential project rising across the street.

"It's getting harder and harder for a smaller, independent retailer to survive," said an emotional Henry Rosa, one of the partners behind Triangle Sports, who started working in the shop as a teenager in the 1960s.

...National retailers and Manhattan restaurateurs have been quietly scoping out properties around the arena, real-estate brokers and property owners said.

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Brownstoner, Triangle Sports Building for Sale

Posted by eric at January 31, 2012 11:06 AM