This is just wRong with a Capital RRRRRRRRRRRR

[blenderwench]

The senator needed to raise $93k.

I just looked on their website, they have raised $96.6k but the following note:

Our lender has informed us that the amount
of funds required to avert the 2/21 auction
sale of The Senator has been increased
to 109K, and no extensions of time will
be granted. Our fund raising goal has
been adjusted accordingly.

Comments

[kazoogrrl]

I've been reading a lot about this lately, here's one view of the whole thing:

http://community.livejournal.com/charmcity/448712.html

I tend to agree. I'd hate to see it close up (though I do think it would work great as a live venue, I saw a show there once and it was fantastic), but if the owner really can't keep his act together I'm not going to bail him out.

[blenderwench]

You know, I was wondering the same thing - if the owner is to blame for this??

[kazoogrrl]

I get the impression it's a combination of things, but it also seems that he's not doign so great managing him money. That area has really boomed over the past few years and I wonder if he's tried to take advantage of that - we're always looking to work with other companies to benefit both businesses.