The culprit on Church really is rent rates. Church St. is prime property, with heavy pedestrian traffic all day and night in an established commercial area. There's even a large target market for gay-oriented establishments living in the vicinity! However, you can't profitably run a bar or club here unless you can exploit the big profit margin on booze by having lots and lots of customers. For a small venue, that is really hard, even if you pack people in every night. The reality is, no one wants to take the risk, especially after the recent failures.