Pearl Street Pub closing, owners buying Lark Tavern

A crowd waits to get into the Pearl Street Pub’s dance club in May. The pub will close Saturday, June 26, 2021, after 12 years in business. (Screen grab from a video by Two Buttons Deep.)

After 12 years as one of the most popular bars in downtown Albany, including the past five in the enormous former Jillian’s building at 59 N. Pearl St., the Pearl Street Pub will close after business on Saturday night (6/26) as the owners prepare to revive the historic Lark Tavern on Madison Avenue, closed since early last year.

Pearl Street Pub owners Chris Pratt and Alessio Depoli, who bought the nearly 40,000-square-foot former Jillian’s building in 2016 for $800,000, are selling it for $1.9 million to Redburn Development, Pratt said. For the past several years Redburn has been involved in an $80 million-plus, 10-property revitalization of the North Pearl Street corridor into apartments and retail and commercial spaces. Redburn will lease the 59 N. Pearl restaurant space to a local operator they declined to name.

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Steve Barnes