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Started By
Message
The Old Caterie Spot:
Posted on 5/16/12 at 6:25 pm
Posted on 5/16/12 at 6:25 pm
what's the word on this? I highly doubt the caterie is opening back up... what is going there?
This post was edited on 5/16/12 at 6:26 pm
3
Posted on 5/16/12 at 6:30 pm to TheDoc
are they building something?
is that whole area still owned by the claitor's?
is that whole area still owned by the claitor's?
Posted on 5/16/12 at 6:31 pm to Deactived
They are building something but I have no idea what it is.
Posted on 5/16/12 at 6:33 pm to King of New Orleans
yeah something is being built... I heard office spaces
Posted on 5/16/12 at 7:27 pm to King of New Orleans
Heatd its a new bar catered to Guido Affliction types.
Posted on 5/16/12 at 7:32 pm to TheDoc
It has no tenants yet as far as I know. It's all being built with insurance money so there is no rush to lock down tenants I guess.
Posted on 5/16/12 at 7:50 pm to Geauxld Finger
I'm hearing that the caterie is supposed to be rebuilt or something. Not sure if it's at that location or at another.
Posted on 5/16/12 at 7:51 pm to Geauxld Finger
quote:
It has no tenants yet as far as I know. It's all being built with insurance money so there is no rush to lock down tenants I guess.
i would imagine people arent rushing to get in there either. the people that own all that property suck (if its still the claitor's)
Posted on 5/16/12 at 7:53 pm to Deactived
quote:
is that whole area still owned by the claitor's?
Yes.
Posted on 5/16/12 at 7:57 pm to Kim Jong Ir
well maybe they have changed(doubt it). my father had so many problems with them when we were in that strip
Posted on 5/16/12 at 8:03 pm to Deactived
What store did your dad have? I used to go in the Acadian IGA.
I believe years ago it had a TG&Y Family Center in it as well.
I dont think the Caterie is coming back.
I believe years ago it had a TG&Y Family Center in it as well.
I dont think the Caterie is coming back.
Posted on 5/16/12 at 8:03 pm to Martini
(no message)
This post was edited on 5/16/12 at 8:09 pm
Posted on 5/16/12 at 8:04 pm to TheDoc
I'm an old fart whose Caterie nights are behind him, but the Claitor's gladly sucked up a fortune in rent from them over the years, then left them out in the cold when the opportunity came to upgrade the property using someone else's money.
Posted on 5/16/12 at 8:08 pm to hawkster
Well while I haven't talked to anyone I have read quite a few articles that quoted the Caterie owners saying they didn't want to come back.
And someone else's money comes from the insurance premium they have been paying for years. It's not free money and they only pay on value. You upgrade you pay.
I can assure you Claitors would have rather clipped along collecting rent rather than doing this.
And someone else's money comes from the insurance premium they have been paying for years. It's not free money and they only pay on value. You upgrade you pay.
I can assure you Claitors would have rather clipped along collecting rent rather than doing this.
Posted on 5/16/12 at 8:11 pm to Martini
So no one knows of the caterie is coming back?
Im looking for inside info
Im looking for inside info
Posted on 5/16/12 at 8:13 pm to hawkster
quote:
I'm an old fart whose Caterie nights are behind him, but the Claitor's gladly sucked up a fortune in rent from them over the years, then left them out in the cold when the opportunity came to upgrade the property using someone else's money.
You're assuming they had an insurance policy which covered the full value of the property.
Posted on 5/16/12 at 8:15 pm to Martini
quote:
Well while I haven't talked to anyone I have read quite a few articles that quoted the Caterie owners saying they didn't want to come back.
And someone else's money comes from the insurance premium they have been paying for years. It's not free money and they only pay on value. You upgrade you pay.
I can assure you Claitors would have rather clipped along collecting rent rather than doing this.
The Caterie owners were making a fortune out of that old patchwork dump as well. I don't doubt that they didn't want to invest the kind of money it would take to build a new business to modern building codes.
It's all kind of like the slums on State Street. Prime real estate that could support quality housing and development, but slumlords have gotten wealthy and paid for those dumps many, many times over. Why make the effort and take the risk when you can continue with the squalor and keep banking plenty of cash?
Posted on 5/16/12 at 8:16 pm to TheDoc
quote:
So no one knows of the caterie is coming back?
Im looking for inside info
Not at that location.
Here is a rendering about what they are building. Sorry about the size.
Posted on 5/16/12 at 8:31 pm to urinetrouble
Looks fancy
Posted on 5/16/12 at 8:33 pm to urinetrouble
Caterie made an effort to come back, budget drawings were made of the place, but my understanding is they could not reach an agreement with Claitors.
I was told after those negotiations they would never be back.
I was told after those negotiations they would never be back.
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