Looks like those good ol' bra-hangin' bar days are officially numbered. 

First FAO Schwarz and now there's news of this iconic New York City spot, where women are encouraged to dance on the bar, take off their bras, and then hang 'em up right on the walls. 

On August 23rd, Hogs & Heifers, another little piece of New York City nostalgia, will fall victim to New York City's rising rents. 

That is, to the tune of a $46,000/month hike. 

“I’m heartbroken,” co-founder and owner Michelle Dell told the New York Daily News. “I’ve raised this business by hand for 23 years. At the end of the day, it’s like a losing a child.”

When Hogs & Heifers opened way back in 1992 (when their rent was just $3,000), the Meatpacking District was very much a different neighborhood. 

 As in, actual meat trucks and butchers lined its cobblestone streets during the day, and drugs and prostitutes ran rampant at night. 

“They don’t give a s---,” Dell said of the new building's owner, Thor Equities. “At the end of the day, Thor is a company that deals with chain brands...

They make a big display of how honored they are to be in a historic neighborhood, but then they decimate everything that made it historic. What are you going to put in, another Le Pain Quotidien?”

Nowadays, tourists flock to the Meatpacking District, as the High Line Park (opened in 2009) completely reinvigorated the neighborhood as a whole. Add to that the addition of the Apple Store, Tory Burch, AllSaints, Levi's, Diane von Furstenberg, and you get the idea. 

That being said, transplants, tourists, and native New Yorkers have still done a good job of supporting local NYC businesses like Hogs & Heifers (where it's been estimated 16,000 bras have been hung up on its walls over the 23 years), but when faced with a massive rent hike like this one, there isn't much anyone can. 

Sadly, independent businesses are becoming more and more scarce in this neighborhood especially, where those aforementioned big brands and retailers are taking over by the dozens and forcing rents to skyrocket. 

“There is no room for the small, independent business in New York,” says Dell. “This is a city that is throwing its history to the curb.”

Check out Here's Why You're Going to Miss the Magic of FAO Schwarz on 5th Avenue. 

[via and Feature Image Courtesy: NY Daily News]