Owner Doug Brandt has confirmed that, effective May 31, 2010, the lease of Pie Hole, 737 W. Roscoe, will end.

The lease agreement offered no option for Pie Hole to renew. However, the lease agreement for Cocktail nightclub—due to expire on the same date as Pie Hole’s—will renew, according to a Pie Hole press release, and calls for expanding into the late-night pizza joint’s vacated space.

“It was known from Day One that there was a possibility of losing our lease, so I’ve been running the business with options in mind,” said Brandt. However, Cocktail will not be taking over the business nor will it assume the Pie Hole name, despite rumors floating around for years, according to Brandt.