Bob Batz is reporting on the Post-Gazette website that:
Bob promises more tomorrow. Until then..."finalized a deal" would imply that the brewery being at Troy Hill & Vinial is set (and that's an update in my story to clarify the situation). That would be a major accomplishment, and would put Penn Brewery -- and Pastorius's group of investors -- right where they ought to be: where Tom started the brewery over 20 years ago. Where it belongs. Cross your fingers, folks, and if you believe in breweries, clap your hands.
Tom Pastorius and a group of investors have finalized a deal to buy Penn Brewery on the North Side, which he founded. The group plans to resume brewing beer there and reopen the restaurant, which closed in August.
Since the beginning of this year, Penn beers have been brewed at the Lion Brewery in Wilkes-Barre.
On Friday, the Urban Redevelopment Authority approved a $300,000 loan to Mr. Pastorius' group, who'd made buying the business from Birchmere Capital contingent on the property having a new owner, not E&O Partners. (Note: this last line was updated in the online story to clarify the situation, i.e., Pastorius and co. have purchased the business named Penn Brewery; the site is still owned by E&O but it will be sold; the new owner of the building may or may not be Pastorius and his investors. Got all that?)
Guess I'll have to work on that Penn Brewing entry in the new book after all. Hot damn.
There's more here, now. Thanks to another alert reader!