Smith Street Grocery has Met It's End

Not terribly surprising as a redevelopment site, but it's a bit puzzling that someone would pay that kind of money to tear down a one story retail space to replace it with a two-story retail space. 

At least, to the layman. 

Met Foods Grocery Store on Smith Street in Boerum Hill to Be Demolished

"A group of investors are in contract to buy the property at 205 Smith Street in Boerum Hill. They plan to demolish the Met Foods supermarket currently on the site and build a two-story retail building there, reported The Real Deal."

http://www.brownstoner.com/blog/2014/05/met-foods-grocery-store-on-smith-street-in-boerum-hill-to-be-demolished/

Typos courtesy of my iPhone