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Project Name

486 Elmwood Avenue


New York

Project Details

The proposed project entails the conversion of an existing facility - the former Faherty's Bar - into a brewery.  The facility is 3,500 sq. ft. 2,000 sq. ft. in the basement and on the 1st floor will house the brewery operations and the remaining 1,500 sq. ft. will house the tasting room.  The scope of the renovation work includes gutting the building's interior and adding new plumbing, electric, HVAC, roof sprinkler system along with reconfiguring the floors and walls.

It is estimated that 50 % - 60% of the manufactured product will be for distribution to area restaurants. 

The conversion of 486 Elmwood will be accompanied by a corresponding project being undertaken by the developer which involves the renovation of the building adjacent too the brewery and its conversion into a restaurant.  The new restaurant will highlight and offer the beer brewed at 486 Elmwood.  The restaurant is not seeking IDA incentives.


Status Details

11/18/2015 - Lease/Leaseback Inducement Resolution passed by the Board of Directors.