Ohio City market faces closure amid rent hike controversy

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Landlord said building was losing money at current rate

CLEVELAND — Pearl Street Wine Market & Cafe, nestled in the heart of Ohio City, is preparing to say goodbye at the end of March.

Offering a curated selection of cheeses, wines, charcuterie, and small plates, Pearl Street prides itself on its commitment to showcasing local producers and artisans. Despite their efforts, however, the restaurant faced a significant challenge in the form of a rent increase at the end of their lease.This hike posed a formidable obstacle to the viability of the business.The property, owned by Harsax Management since 2001, has become embroiled in controversy following the announcement of the closure. Randy Sacks, the owner of the building, cited a market survey indicating an average rent of $25 per square foot for similar establishments in Ohio City.

 

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