Chicken Island Brewing on Tap For Yonkers Waterfront Property
Real Estate In-Depth | August 24, 2016
YONKERS—J. Philip Commercial Group Brokerage of Westchester County announced earlier this month the completed sale of 72 Alexander St. in the City of Yonkers for $1.25 million. The Fondak Family, new owners of the property, plan to convert the more than 10,000-square-foot industrial warehouse facility into a beer distribution center and taphouse tasting room. With plans for a future event space and restaurant, the new establishment will be named Chicken Island Brewing.
“The waterfront in Yonkers is booming right now,” said Jennifer Maher, selling broker for J.Philip Commercial Group. “Thanks to strategic marketing campaigns supported by Mayor Mike Spano, both businesses and residents, particularly the coveted Millennial generation, are taking a second look at the city to live, work and play. The timing and opportunity for Chicken Island Brewing to establish itself in Yonkers couldn’t be better.”
Co-owner and Brewmaster, Andy Fondak said “The Yonkers location is the perfect storm for us. Craft breweries have always thrived in areas ripe for revitalization. They bring communities together, and our brewery is no different.”
With the local government focusing on revitalizing the downtown waterfront area, Fondak believes his brewery will make a positive contribution to those efforts. “The specific building we are planning to renovate is in a great location with outdoor seating potential next to the Metro North Hudson line and views of the Palisades and Hudson River across the street… The location is easy to get to. Only a five-minute walk from the Metro North Yonkers station or a quick drive from the Northern Bronx, will put you right in front of our doors. All of these factors made the choice very apparent 72 Alexander Street will be the perfect spot for Chicken Island Brewing.”