Showing posts with label business opportunities. Show all posts
Showing posts with label business opportunities. Show all posts

Wednesday, March 28, 2018

A heifer is down: Comfy Cow joins Feast BBQ on list of "former" downtown New Albany businesses.


Comfy Cow's last day of business is today. It's hard to determine which "closing soon" rumor began making the rounds first, Comfy Cow or Feast, and it no longer matters. Business decisions are business decisions, and the globe keeps spinning.

But: Are we to discern a worrisome trend?

No; at least not yet.

However, and you can call it what you will, a food and drink shift (or adjustment, or rationalization) obviously is underway downtown as April approaches. As with "craft" beer, the bubble isn't bursting, but the landscape is being reformatted.

Yesterday over at Everything Tom May, Danielle Grady conducted post-mortems for Feast and the Glass Gypsy, a shop at Underground Station. Steve Resch's viewpoint hits the center of the target, at least to me.

BIZ CLOSINGS: Three businesses, including Feast BBQ New Albany, call it quits in SoIn

... (Feast BBQ owner Ryan) Rogers declined to comment further when the News and Tribune reached out, but developer Steve Resch, who renovated Feast’s building and sold it to Rogers, said that the restaurant was doing well.

"They closed that because they want to concentrate on the Louisville market,” he said. “Feast was still profitable" ...

... Resch sold Rogers the Feast building two years ago, the developer said. When Resch bought the structure in 2010, it had been vacant since the mid-1980s. He renovated it, just like he’s done with the current Wick’s Pizza, Bella Roma, Bank Street Brewhouse, Gospel Bird, Theatreworks of SoIn and Hull & High Water buildings.

While some Southern Indiana businesses are closing, Resch believes that the area and its restaurant scene are still thriving. Another developer, Matt Chalfant is working on a building that will soon be home to a restaurant from the owner of The Exchange, Longboard’s Taco & Tiki. Resch is also renovating an old bar along Market Street that will become Pints & Union, a United Kingdom-inspired pub.

Thursday, September 15, 2011

ON THE AVENUES: We cannot let this window close.

ON THE AVENUES: We cannot let this window close.

A weekly web column by Roger A. Baylor.

When it comes to presumed birthrights, absolute freedom of mobility ranks somewhere near the top of the bucket list, at least to American eyes.

In theoretical terms, this can be a positive trait. Even a hardened cynic like me must take note of the possibilities for personal development and realization inherent in greater mobility, as compared to the limitations of hidebound social castes and conventions in other sectors of the globe.

However, in this sense we’re speaking more of social mobility than physical transportation, which moves us from one place to the other.

Arguably, the intrinsically American solution to the problem of social mobility has been to strive toward an untrammeled state of purely physical movement. The earliest settlers may well have come here in search of social, religious and economic freedoms, but once landed, the first imperative for many was to race toward wherever the land stopped and the ocean resumed.

From dirt trails to plank roads, and from Conestogas to Chryslers, we’ve concluded that freedom of movement is synonymous with economic freedom, and the freedom to accumulate wealth is the sole key to upward social mobility.

The problem: As decades pass, it becomes increasingly hard to avoid the certainty that future generations will look back on what we Americans have accomplished in the cause of unshackling humanity from its roots, and judge it to have been wasteful, unsustainable and perhaps even tragicomic.

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Here in New Albany and Southern Indiana, at least for the moment, posterity is of far less concern than posteriors, or those appendages resting atop car seats stuck in traffic, slated for transfer to office chairs once newly sticky rush hours are transcended, and ultimately destined for plopping down in sofas later that evening, when television, radio and Internet pundits comprise our Greek chorus: “Woe is to us, and how will we survive this disastrous catastrophe!”

Pfui!

Now that we’ve lost the Sherman Minton Bridge for an indefinite period of time, until its steel cracks are repaired or the entire structure replaced with Minor Moves bucks, there seems to be a prevailing temptation to parlay annoyance and self-pity into the sort of hyperbole that has become the modern world’s substitute for reasonable thought.

It’s too bad, because if we as a community conclude that the absence of immediate mobility gratification dooms us to irrelevance and impoverishment, we’ve lost the fight before the first bell is even rung.

Disaster? Hardly. Tsunamis, wars, earthquakes, plagues and famines are examples of genuine disaster, as is the collapse of a bridge carrying traffic, and in our local instance, potential disaster has been averted. This is to be celebrated, not unfairly characterized out of shapeless pique.

While it may be the first time in the lifetime of many readers that a functioning Sherman Minton Bridge has not been something to be blithely taken for granted, it also is the case that with the bridge’s sudden closure, a window has opened, and once-in-a-lifetime opportunities have arisen.

I may be guilty of over-simplification, but to me the concept of localism is, at root, the operational converse of sprawl, not in any sense of localism replacing all aspects of accepted civilization in the short term, but gradually swinging the pendulum back from the extreme unsustainability of the far-flung exurb to the greater utility of sacrificing a mere jot of absolute, unrestrained mobility to gain some of the economic and spiritual benefits of community rootedness.

We’ve not always been able to articulate the tenets of localism. Now, amid the inevitable snarl of transport in the opening stages of bridge deprivation, there is the chance to illustrate localism to Hoosiers by means of shared experience. Business owners in New Albany and environs will be grasping this brave new paradigm shift, and getting it fast, or else they’ll be swept away.

For a length of time yet to be determined, we’re no longer an afterthought. Rather, we’re the very best, most efficient option for Indiana residents accustomed to using the bridge(s) for purposes of discretionary spending. We may not be able to solve the perennial metropolitan Louisville employment quandary – yet. However, we can provide most of what one needs, and do so right here.

Think of it not as a captive market, but as a soon-to-be savvier market. The game board has been upended, and the pieces are scattered across the table. The beauty of this immense opportunity is that New Albany and Southern Indiana need not re-arrange the match under the rules previously handed us. We may now rewrite the rules, or play an entirely different game.

Perhaps, in the end, the greatest freedom of all stems from seemingly narrow options.

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One last thought.

New Albany’s municipal elections approach, and while Facebook is not the ultimate arbiter of such matters, a cursory review of the 24 candidates who have a Facebook campaign presence (roughly half of them) reveals that as this monumental paradigm shift explodes in all directions through their neighborhoods, they remain primarily concerned with endless recitations of yard sign plantings and fundraisers.

Really?

Democratic council candidates John Gonder and Doug England (our current mayor) stand out as major exceptions. Republican mayoral hopeful DM Bagshaw at least seems to have noticed. Of those candidates not on Facebook, Dan Coffey is displaying a deep interest in the situation (trust me). Readers and candidates, you may enlighten us as to anyone I’ve missed.

We’ve long lamented the absence of platform content on the part of mayoral and council aspirants, but it simply beggars belief that at this juncture, they’re still prattling on about 4-by-4 monster signs and golf scrambles.

I’m not suggesting candidates panic, or rush to conclusions that cannot yet be determined. At the same time, isn’t showing the slightest semblance of recognition that the Sherman Minton’s condition is (a) not a disaster, but (b) an enormous and probably unprecedented opportunity the barest of minimums we should expect from New Albany’s slate of leaders?

Saturday, March 08, 2008

A couple of doozies on the (auction) block.

A 10:00 a.m. sheriff's sale on Thursday, March 13, will include the following two commercial gems:


Elias Laib Building
624 Vincennes Street


To be sold at Sheriff’s Sale Thursday, 13 March 2008 at 10:00 AM in the Office of the Sheriff of Floyd County (first floor of the City-County Building, 311 Hauss Square, New Albany). Judgment number: 22C01-0308-MF-419.

Built 1889. Italianate. The Elias Laib Building. This structure was built in 1889 by the Honorable Franklin C. Johnson, a New Albany capitalist. Mr. Johnson sold this new building to Elias Laib in June 1889 for $1,450. The property would remain in the Laib family through June 1966. Mr. Laib had his grocery and residence next door at 622 Vincennes Street. By the time of the printing of the 1892 New Albany City Directory, Frank R. Hardy had established his hardware and tin shop at this busy corner in the Uptown area of New Albany. Mr. Hardy would continue his business here until around 1910.






Baptist Tabernacle
318 East Fourth Street


To be sold at Sheriff’s Sale Thursday, 13 March 2008 at 10:00 AM in the Office of the Sheriff of Floyd County (first floor of the City-County Building, 311 Hauss Square, New Albany). Judgment number: 22C01-0612-MF-801.

When their new edifice was completed in 1879, the merged First Baptist Church and the Bank Street Baptist Church changed their name to the Baptist Tabernacle Church. Building in the Neoclassical style, the Louisville, Kentucky, contractor Watkins & Co. used New Albany laborers and materials, and New Albany's John Crawford did the brickwork. The building was begun in July 1878, and wasn't occupied until January 4, 1880. The congregation did not rush construction. They built slowly and did not propose to have the work done any faster than they could pay for it.



Readers can contact Joyce Banet in the Floyd County Sheriff's office at (812)948-5408 for more information about purchasing property through sheriff's sales.

More complete building descriptions and histories, instructions for sheriff's sale bidding, and other historic property listings can be found at the Historic New Albany web site, whence the above photos and abbreviated histories were procured.

Saturday, February 09, 2008

Turn-Key restaurant opportunity in New Albany at the former Treet's.

The following announcement comes from Matt & Jessica Bergman, who have restored and reside in the historic commercial building at 315 E. Market. That's in downtown New Albany, across the street from the former Bistro New Albany and the Grand Convention Center.

Most readers know that Matt's and Jessica's storefront was occupied by Treet's Bakery Cafe until a month or so ago. We continue to lament the passing of Treet's, but as Matt reveals, a good commercial opportunity has surfaced in its wake. It's worth noting that while there is no alcohol licensing of the floor plan, the building lies within the domain of the riverfront development area, and if the owners were willing, a permit would be easily obtained.

However, I persist in thinking that the best use for the space would be a coffee shop on the Heine Brothers model (don't ask them; I already have. While supportive, Gary and Mike are busy expanding in Louisville).

Note that the former Rainbow Bread building that NABC hopes to convert into a brewery and taproom (an expansion of our current operation, which will remain as it is) is only a block and a half away from Matt's and Jessica's building.

Help us by spreading the word, please.

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I wanted to make you all aware that we recently lost one of our downtown businesses when Treet's Bakery Cafe closed at the end of January. Jessica and I are in search of a new tenant for our location at 135 East Market St. We would love to have another bakery & cafe type of place but are open to other options.

To secure a quick turn around, we have purchased all of the equipment and furniture in our building from the bank. This means we have a turn-key operation that is ready to open right away. The lease will be $1530 for over 2400 sq ft of restaurant space. We will also consider offers to purchase the equipment out right, creating an option to receive a lower monthly lease payment.

If you know of any businesses looking to expand or start a new business, please contact Mike Kopp 502-386-9022 to arrange a time to see our nicely restored space at 135 East Market St.