The Troy taproom of The Beer Diviner nanobrewery in Cherry Plain will close at the end of October after a year in business, owner Jonathan Post tells me.

“We just didn’t make money,” he says. “It wasn’t financially viable.”

However, Post tells me, he’s looking for another location in Troy. He says he’s got his eye on The News Apartments, currently under construction at the former Troy Record headquarters at 501 Broadway. The complex, which happens to be across the street from the Beer Diviner’s taproom, will have retail on the ground floor and a total of 101 apartments upstairs of both the original building and a new structure.

The retail spaces in The Record building will be ready for occupancy by May, with those in the new building opening in the third quarter of next year, according to Seth Rosenblum, CEO of the project’s developer, The Rosenblum Cos. of Guilderland.

Another factor in the closing of the Troy taproom is that the taproom at the brewery, at 243 Bly Hollow Road in Cherry Plain, a hamlet in the town of Berlin, has been increasingly busy, Post says. It is open noon to 8 p.m. Friday through Sunday, with expanded hours possible, according to Post.

Through the end of October, the Troy taproom, at 461 Broadway, will be open 4 to 10 p.m. Wednesday to Friday, 11 a.m. to 11 p.m. Saturday, 1 to 6 p.m. Sunday. Call 518-729-0200