Tag: Landlords

WHY THE CAPITOL AT ST. GERMAIN MIGHT BE CLOSED A LITTLE LONGER THAN IT SAYS Culturemap’s Whitney Radley reports that a rep from the jazzy Main St. spot says it had to close temporarily because of water damage to the kitchen, but the Houston Press’s Katharine Shilcutt claims she has reason to believe otherwise, since the bar and restaurant — paying, she reports, “a monthly rent close to $17,000” — seems to have sprung another kind of leak: “When a restaurant is faltering and owes its landlord rent, one of two things usually happens: 1) The restaurant closes shop and washes its hands of the entire affair, leaving behind everything from kitchen equipment to barstools, which then become property of the landlord or 2) the restaurant wants to close but also needs to recoup some of its losses and stalls by telling the landlord that it’s ‘renovating’ for a few days. Those days are spent clearing the place out and selling everything that’s not nailed down.” And what makes Shilcutt so sure? “I spotted some activity going on outside . . . that suggested furniture was being moved out of the space.” And: “Calls to the restaurant weren’t returned, and on my last attempt, the phone line seemed to have been disconnected.” Update, 1:47 p.m.: Shilcutt reports that the Capitol at St. Germain has told her it’s not closing and does plan to reopen once the water damage — which, says the bar’s rep, knocked out the phone lines — is repaired. [Culturemap; Eating Our Words; previously on Swamplot] Photo: Cvent