bigfan wrote:
So anyone who has been there I think will agree it is a dump, but it is your Dump, I know, but still kind of surprised to see them losing a lease?
Listening to Sox fans bitching about it AND of course it's always not wanting one of those "Wrigley FuFu Bars"- While Wrigley has opened a couple of FuFu places Tryst and MOXIE, the other places are just good food and drink. Goose Island, Yahkzies, Barleycorn, Bar Louie, Moes, Red Ivy, Bernies,Casey Morans,Merkles,etc.... a good place to eat and drink around there would be a huge hit. Trust me, you Southsiders will learn to enjoy Deep Fried Quiche and a Low Fat Pina Colada (LOL!!!)
1. Not sure what the lease reads, but a commercial broker or an Attorney may have been a good idea. (Myself or Good Dolphin come to mind)
2. Most leases have a simple Holdover clause, which states what the penalty is for staying past the lease expiration. Thus staying open if there is a playoff run should not be the big of a deal, might cost some money, maybe 150% or 200% of the rent.
3. Might be tough for the new ownership to get a Liquor License when the Neighborhood notice comes out, as neighbors might jump on this guy, then the Alderman backs the neighbors/Voters and his liquor license is rejected (Welcome to the way of the Northside)
4. If I am Jimbos, I make a 6 month extension offer and go looking for other property. If the can't afford to buy, state what they can pay in rent and I am 100% sure some developer will buy the building and lease it back to them. Maybe even one named...JERRY?
1. Why are you trying to unmask Batman
2. I don't think they have a holdover. They did get some good advice as an alternative. If appears they will stay and make the owner evict them. This will take more than the one month they need to get through the world series. If I were the owner I would not want them out until after the new year. The new use won't need to be up until opening day which is more than enough time for a build out.
3. Wanna bet. Owner= De Grazia; De Grazia= Roti and Barbara; Roti and Barbara= lots and lots and lots of danger personally and professionally. As Cl. Jessup would say, that means grave danger.
4. They are in there 60's. They are not moving. Goodbye Jimbo's.