Down House Ventures, the legal entity behind Treadsack’s oldest Heights-area technically-a-private-club, has filed for bankruptcy this morning, lagging just a few days behind last week’s Bernadine’s and Hunky Dory filings. The company preemptively included Down House in a Facebooked list of Treadsack restaurants that would stay open for now despite the legal and financial question marks now hanging over the company, given the sudden mid-winter departures of side-by-side restaurant and bar duo Foreign Correspondents and Canard and the details of payroll and tax issues subsequently dredged up; D&T Drive Inn and Johnny’s Gold Brick were placed on the still-truckin’ roster as well. This morning’s filings also look to have included a motion asking for funds to pay current Down House employees, as Craig Malisow reports was granted in the case of last week’s Chapter 11 initiates.
- Previously on Swamplot: Hunky Dory and Bernadine’s Are Not Dead Yet; We’ve Reached Chapter 11 in the Hunky Dory, Bernadine’s Story; Scoping Out 4721 N. Main St. Following Sudden Flight of Foreign Correspondents
Photo: Down House
“All you ‘trendy people’ in Spring Branch need to bear in mind that even though your property values have risen dramatically, legacy homeowners don’t just immediately convert or turn over into ‘trendy people.’ That’s a process that takes time — [and] once it happens, you’ll feel nostalgia for the way things were. The newcomers won’t be ‘trendy’ — that term has positive connotations and you’ll reserve it for yourself. You will speak of them in derogatory tones, using words like yuppie and hipster. You’ll complain about how they’ve overrun your neighborhood, creating parking SNAFUs, cyclist-disrespecting traffic, and drunk drivers. You’ll complain about how closely packed the new townhomes are, even though you live in one; and about how loud the bars are, even though you bought a house next to one that had been there for 20 years. You’ll complain about how your property taxes rise 10 percent per year every year, and simultaneously protest new public housing, even though your unrealized capital gains are being subsidized by state statue — and you’ll demand even more subsidy! You might even vote for Dan Patrick. You’ll vote for localized prohibition and think that it’s ‘weird,’ kind of like living in Austin would be, except you don’t live in Austin and aren’t as weird as them — which is a terrible thing because they aren’t very weird either. You will have been co-opted by the powers that be. This is understandable. You were trendy, and will fall in line with somebody, sort of thoughtlessly, and complain relentlessly. That’s what it is to be trendy. It’s what you always wanted.” [
“Ridiculous that all trendy restaurants must be packed in the same area. Move out of the Loop and dominate. Spring Branch north of I-10 for example has Heights-y demographics but the restaurant dollars go elsewhere for the most part. Take a risk like some are already doing and venture out. The old Hollister Grill location is getting a trendy new restaurant and one of the bartenders from Anvil (I think it is) is opening up shop on Long Point Rd. Karbach’s already has a new restaurant on Karbach Street in Spring Branch. Sheesh people. Move outward!” [
In a statement posted simultaneously yesterday to the 
The spot on the corner of White Oak Dr. and Yale St. where Dry Creek Cafe (pictured) closed down last year is 
Here’s an update to 
 
