They note the bar leveraged its existing contract to reach an agreement with the developers to extend their lease for the next 25 years. With the historic landmark status, the owners claimed the building would remain but Oil Can Harry’s would be “forced out of the block in less than 10 years by individuals and factors” outside their control. “However, in our unique case, we need you to know a historical declaration is NOT the way to do it.” “Rest assured, our mission is to keep 4th street alive for a long time, and if we navigate these waters correctly, we will succeed,” Oil Can Harry’s said in a statement posted to social media.
