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Started By
Message
Brennan's restaurant property on Royal Street sold at auction
Posted on 5/23/13 at 2:09 pm
Posted on 5/23/13 at 2:09 pm
LINK
Update
quote:
The property was included in the sale after Owen “Pip” Brennan failed to post a $150,000 bond by 10 a.m. Thursday morning, a requirement of the injunction ordered Wednesday afternoon by Orleans Parish Civil District Court Piper D. Griffin. If the bond had been posted, the injunction would have stopped the sale and seizure of the property.
Update
This post was edited on 5/23/13 at 8:15 pm
7
Posted on 5/23/13 at 2:11 pm to geauxtigers87
So who bought it at auction? Article is very confusing. 
Posted on 5/23/13 at 2:12 pm to Y.A. Tittle
quote:
The beleaguered restaurant's pink property on Royal Street was sold at an Orleans Parish sheriff’s sale on Thursday, May 23, for $6.85 million to its mortgage holder, Leggo/4.
Posted on 5/23/13 at 2:14 pm to geauxtigers87
I'm an idiot. 
Posted on 5/23/13 at 2:15 pm to Y.A. Tittle
it happens
Posted on 5/23/13 at 2:17 pm to Y.A. Tittle
The owner of Leggo/4 (stupid name) also was part of John Georges' group that bought Galatoire's. How the hell is that building/restaurant worth $6mm, not to mention the $4mm already owed to them by the restaurant.
Posted on 5/23/13 at 2:27 pm to geauxtigers87
Good. I hope this means the place will be closing so that a good restaurant can open in that location.
Posted on 5/23/13 at 2:44 pm to geauxtigers87
I am going to a Brennan wedding next weekend
Posted on 5/23/13 at 3:10 pm to geauxtigers87
How the hell can a restaurant be in this much financial trouble when they sell 2 eggs on an English muffin for 65 bucks,
Posted on 5/23/13 at 3:14 pm to hiltacular
quote:
I am going to a Brennan wedding next weekend
same here ill see ya there, but the brennans that owned this restaurant wont be there
Posted on 5/23/13 at 3:16 pm to Al Dante
horrible management
Posted on 5/23/13 at 3:23 pm to Wooly
quote:
horrible management
Been really bad for at least 5 years now. They sucked on the uninformed tourist tit as long as they could while running the ship in the ground.
There has been so much turmoil in that little family group that I'm amazed it made it as long as it did.
Posted on 5/23/13 at 3:28 pm to notiger1997
quote:
Been really bad for at least 5 years now. They sucked on the uninformed tourist tit as long as they could while running the ship in the ground.
There has been so much turmoil in that little family group that I'm amazed it made it as long as it did.
Seems to be about as classic a 'killing the goose that laid the golden egg' story as one could ever find.
Never eaten there, but I've heard nothing but bad about the place for way more than the past 5 years.
Is it really that much easier to run a shitty restaurant, than to run one that is at least just decent?
Posted on 5/23/13 at 3:42 pm to Y.A. Tittle
Depends on the behind the scenes issues, really.
from what ive heard from employees, running it even decently would be a heckuva lot more effort at this point.
from what ive heard from employees, running it even decently would be a heckuva lot more effort at this point.
Posted on 5/23/13 at 3:49 pm to NoSaint
Which Brennans own which restaurants? It was always my understanding that one group owned the restaurants in the quarter and the other owened the restaurants outside, but I'm sure this is wrong.
This post was edited on 5/23/13 at 3:50 pm
Posted on 5/23/13 at 3:52 pm to mule74
too many to name, their are 3 or 4 different families... all i know is the browers own palace cafe, and they are very nice and great hosts whenever im at their house.
Posted on 5/23/13 at 3:52 pm to mule74
Nah, that is not right.
Ralph owns Ralph's on the Park, Redfish Grill, Cafe B, and Heritage Grill. Maybe one more.
The other normal part of the family owns Commanders, Cafe Adelei, and maybe SoBu.
The nutcase part of the family owns Brennans. Not sure what other one they might own.
Dickie owns Dickie Brennans and maybe another one.
I'm sure up off by a restaurant or two year, but you get the picture. It's confusing.
Ralph owns Ralph's on the Park, Redfish Grill, Cafe B, and Heritage Grill. Maybe one more.
The other normal part of the family owns Commanders, Cafe Adelei, and maybe SoBu.
The nutcase part of the family owns Brennans. Not sure what other one they might own.
Dickie owns Dickie Brennans and maybe another one.
I'm sure up off by a restaurant or two year, but you get the picture. It's confusing.
This post was edited on 5/23/13 at 3:55 pm
Posted on 5/23/13 at 3:53 pm to geauxtigers87
Terry white finally got his restaurant.
Posted on 5/23/13 at 3:53 pm to notiger1997
quote:
Nah, that is not right.
Ralph owns Ralph's on the Park, Redfish Grill, Cafe B, and Heritage Grill. Maybe one more.
The other normal part of the family owns Commanders, Cafe Adelei, and maybe SoBu.
The nutcase part of the family owns Brennans. Not sure what other one they might own.
You're forgetting Dickie, who's got Dickie Brennans, Palace, and I think Mr. B's. He's also opening that joint in the La Petit Theatre, near Jackson Square.
Posted on 5/23/13 at 3:54 pm to notiger1997
What about Dickie Brennan's and Palace Cafe?
Beat me to it Y.A.
Beat me to it Y.A.
This post was edited on 5/23/13 at 3:55 pm
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