Malt River Brewing Co., the last of four Capital Region brew pubs that opened within a few months of each other in 1996, closed after dinner service on Sunday night. Owner Marc Weiss tells me the decision hinged on a new landlord at Latham Circle Mall, where the restaurant is located. Earlier this month the mall was taken over by its lender, which foreclosed on the struggling property because of $25 million in debt. The mall had been owned since the late 1970s by Weiss’ father, Eugene Weiss.
“It was time to move on,” said the younger Weiss. He said he is devoting his time to a his new venture, the local franchise of the Texas-based Keller Williams Realty, and has no plans to continue in the restaurant business.
Malt River Brewing was announced in late 1995, around the time that other operators were working to launch The Big House Brewing Co. in Albany, the Original Saratoga Springs Brew Pub in Saratoga Springs and a brewery-restaurant at The Van Dyck in Schenectady. All are now closed.