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Built for Williamsburg Charter High School, the eight-story building has a fitness center and a two-story rock climbing wall. It's for sale for $30 million.

The owner of a brand-new school building in Williamsburg is putting it on the market for $30 million after its tenant, the Williamsburg Charter High School, failed to pay rent.

According to a real estate listing for the property, which sits on Varet Street in East Williamsburg, the charter school needed to enroll over 1,000 students this year in order to cover its annual $2.3 million rent. But the school — one of three managed by the Believe High Schools Network — fell short, enrolling only 850. The listing states that enrollment suffered because of construction delays, which pushed the school’s move-in date back by a year and caused school to begin three weeks late this year.

“Understandably, the delay of the move and of the start of the school year led to some families choosing not to enroll their students after the lottery or to transfer,” wrote Believe High Schools Network spokeswoman Jacqueline Lipson in an email. “We also lowered enrollment for incoming students during that transitional time.” (more…)