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re: Friends in Madisonville
Posted on 1/10/17 at 12:37 pm to Black n Gold
Posted on 1/10/17 at 12:37 pm to Black n Gold
Because its in city limits, its not the Parish. It was the city of madisonville.
Obviously favors were done, they didnt have appropriate ratio of parking spaces for what they were building. It was taken care of.
Obviously favors were done, they didnt have appropriate ratio of parking spaces for what they were building. It was taken care of.
1
Posted on 1/10/17 at 12:51 pm to jbgleason
quote:
New owner needs to buy out three or four houses across the street and turn them into parking. That should only cost another couple of Mil...
While it would make sense, that will never happen. I know if I owned one of those houses, Id never sell unless it was an offer beyond way too good to refuse.
Posted on 1/10/17 at 12:59 pm to JOHNN
that place would make a great laser tag/arcade
Posted on 1/10/17 at 1:09 pm to LSUnation78
Honestly, the parking load on the neighbors was the reason I didn't go there. thought it was shitty to burden the residents with a for-profit's parking to such an incredibly unreasonable degree and I wasn't going to give them any of my money.
Posted on 1/10/17 at 1:11 pm to TheCurmudgeon
Posted on 1/10/17 at 1:17 pm to MandevilleLSUTiger
Having grown up in New Orleans and absolutely loved going over to Friends on the weekend for lunch or dinner with the family, but for the first time seeing the new Friends via that link, who in the hell thought that was a good idea 
The charm of the pre-fire Friends is completely gone in that picture and does not look inviting at all. It's Madisonville for christ's sake.
The charm of the pre-fire Friends is completely gone in that picture and does not look inviting at all. It's Madisonville for christ's sake.Posted on 1/10/17 at 1:20 pm to MandevilleLSUTiger
We already know it closed
This post was edited on 1/10/17 at 1:21 pm
Posted on 1/10/17 at 2:01 pm to WILDTURKEYisgood
Asshat, I realize that. Just thought I'd provide an actual link to a story about the topic.
Posted on 1/10/17 at 2:04 pm to MandevilleLSUTiger
quote:
But on Tuesday Richard said declining sales and an aggressive bank led to the foreclosure. He said he tried to reacquire the property at the auction but was outbid by the bank.
I guess the frick so. Posted on 1/10/17 at 2:21 pm to MandevilleLSUTiger
I forgive you.
Posted on 1/10/17 at 3:05 pm to SDwhodat
I'm not surprised it closed. I live in Madisonville and was very surprised at how that place was built. Too big and too expensive, and their whole year is centered around holidays that involve boats and water. Not enough money year round to support that monstrosity...
That place reminds me of Jeff Goldblum's quote in Jurassic Park. They were so concerned with whether they COULD build it big like that, they never stopped to think if they SHOULD.
As it is, Friends is now just the billionth or so mismanaged restaurant that had to close because the people running it had no fricking clue how to do so.
That place reminds me of Jeff Goldblum's quote in Jurassic Park. They were so concerned with whether they COULD build it big like that, they never stopped to think if they SHOULD.
As it is, Friends is now just the billionth or so mismanaged restaurant that had to close because the people running it had no fricking clue how to do so.
Posted on 1/10/17 at 3:14 pm to Honest Tune
It was not necessarily the management, it was incredibly high debt service, the lack of parking and the horrible food.
Posted on 1/10/17 at 3:15 pm to JabarkusRussell
Foreclosure
Posted on 1/10/17 at 3:19 pm to Honest Tune
The big question is what happens to that giant building now. New management isn't going to solve the lack of parking or debt issues.
Posted on 1/10/17 at 3:22 pm to LafitteDog
quote:
horrible food
Very much this.
Posted on 1/10/17 at 3:22 pm to meauxjeaux2
quote:
I guess the frick so.
Yea I laughed at that too
Let me go get this sumbitch repo'd then I'll go to auction and buy it at half of what I owed....GENIUS!
Posted on 1/10/17 at 3:29 pm to jbgleason
When the bank sells the property for a loss The Debt Service will be greatly reduced. As for the parking, there is available land next door however the new owners would have to make a deal with them.
Posted on 1/10/17 at 3:30 pm to LSU316
quote:
Let me go get this sumbitch repo'd then I'll go to auction and buy it at half of what I owed....GENIUS!
Not to mention. Who is going to loan him the money to buy his building that he just defaulted on?
Posted on 1/10/17 at 4:01 pm to MandevilleLSUTiger
quote:
But on Tuesday Richard said declining sales and an aggressive bank led to the foreclosure.
Declining service and an aggressive debtload led to the foreclosure
Posted on 1/10/17 at 4:11 pm to Socrates Johnson
I went there once after it reopened hoping they had fixed the shitty service and food - I was disappointed.
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