Vice expanding office into Beacon's Closet which is moving to Greenpoint

“Here’s a Williamsburg real estate story to end all Williamburg real estate stories: Hip used clothing purveyor Beacon’s Closet has been priced out of its North 11th Street storefront, where it has resided for eleven years…. The new inhabitant of the space won’t be a Chase Bank or even an Urban Outfitters Lifestyle Center (Williamsburg deserves at least two, after all): It will be the expanded headquarters of Vice magazine, which flies in the face of everything we thought we knew about the media industry–can the publication really afford to pony up the $60 per-square-foot rent? With Rupert Murdoch, the sky’s the limit.” [Gothamist]