Corner Taphouse, located at 1125 Finnegan Way in Fairhaven, will close at the end of September due to an 80% rent increase, according to a social media post from owners. The pub, which has operated for three years, stated that rising rent, taxes, and labor costs made it impossible to sustain operations, calling the rent hike 'the final straw.' The closure follows recent shutdowns of Red Star taco bar and Temple Bar, with businesses citing similar financial pressures. City leaders have introduced tax exemptions to help businesses, but owners said these measures were insufficient to offset the rent increase. The pub's owners expressed regret over the decision, noting they had 'adjusted and absorbed increases wherever we could.'
Corner Taphouse to Close at Month's End
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π Source: Cascadia Daily News β https://www.cascadiadaily.com/
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- βCorner Taphouse is located at 1125 Finnegan Way in FairhavenβThe pub, located at 1125 Finnegan Way inside the Orca Building, is facing an 80% increase in rent, according to a social media post.β
- βCorner Taphouse will close at the end of SeptemberβCorner Taphouse, a Fairhaven neighborhood pub, will close at the end of September, with the owners citing increasing rent as a primary reason behind the decision.β
- βCorner Taphouse will close due to an 80% rent increaseβThe pub, located at 1125 Finnegan Way inside the Orca Building, is facing an 80% increase in rent, according to a social media post.β
- βCorner Taphouse owners made a social media post announcing the closureβThe pub, located at 1125 Finnegan Way inside the Orca Building, is facing an 80% increase in rent, according to a social media post.β
- βCorner Taphouse has operated for three yearsβAfter three years in business, the pub will close at the end of September.β
- β Rising rent, taxes, and labor costs made it impossible for Corner Taphouse to sustain operationsNo usable supporting receipt β unverified.
- βCorner Taphouse owners called the rent hike 'the final straw'βFor Corner Taphouse, the rent hike was "the final straw," the post read.β
- βThe closure of Corner Taphouse follows recent shutdowns of Red Star taco bar and Temple BarβThe announcement comes amid a spate of restaurant closures: Bellingham taco bar Red Star will close at the end of September, along with Temple Bar and Mount Bakery at the beginning of October.β
- β Businesses cited similar financial pressures for the closuresNo usable supporting receipt β unverified.
- βCity leaders have introduced tax exemptions to help businessesβCity leaders have been trying to encourage businesses to stay open for months by introducing new tax exemptions across Bellingham and the urban villages of Fairhaven and Barkley Village.β
- β Owners said the tax exemptions were insufficient to offset the rent increaseNo usable supporting receipt β unverified.
- β Corner Taphouse owners expressed regret over the decisionNo usable supporting receipt β unverified.
- βCorner Taphouse owners noted they had 'adjusted and absorbed increases wherever we could'βWe have adjusted and absorbed increases wherever we could.β
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