Clifton's Cafeteria

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nichols
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Clifton's Cafeteria

Postby nichols » Tue Aug 04, 2009 1:52 pm

LAMAG.COM

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The five-story building housing the historic Clifton’s Cafeteria...has been listed for sale... The 46,405 square foot building was built in 1916 and is listed at $4,750,000. The restaurant may be safe for now, as the listing declares the property “100% leased.”

More at:
http://lamag.com/eat/blog.aspx?dt=08/04/2009

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Postby Futura Girl » Wed Aug 05, 2009 1:45 am

nomination time?

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Postby Perks » Wed Aug 05, 2009 5:44 pm

had a story in today's issue. I knew business was down for them lately, but sounds like things are starting to grow worse.
Andy Perkins, Broker/Owner

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Clifton’s Cafeteria Staying Put LA Downtown News

Postby Steve Tepperman » Thu Aug 06, 2009 12:20 pm

Clifton’s Cafeteria Staying Put
Though Building is for Sale, Owner Says Restaurant Will Remain Open
by Richard Guzman, City Editor
Published: Wednesday, August 5, 2009 4:55 PM PDT
DOWNTOWN LOS ANGELES - Just three years ago, the family that owns Clifton’s Cafeteria announced a deal to buy the building where it had operated for more than seven decades. Although it was hailed as a chance to stop paying rent, officials last week put the property up for sale once again.

Although the news comes as a surprise to many, Robert Clinton, a member of the family that owns and operates the restaurant at 648 S. Broadway, last week said that once a sale occurs, Clifton’s is not going anywhere.

“Nothing is going to happen with Clifton’s,” Clinton told Los Angeles Downtown News Wednesday. “Clifton’s is going to continue doing what we’ve been doing here on Broadway since 1935.”

The 1916 building went on the market for $4.7 million.

While he acknowledged that the business is “struggling,” which he blamed on the economy, Clinton would not go into details about why the decision was made to sell the building, saying only that it was based on family issues.

The decision to sell is a significant departure from the hoopla of June 2006, when after 71 years of paying rent Clinton’s family purchased the building for an undisclosed amount. At the time, Clinton said the purchase would help them control their destiny and protect them from rising rents.

Six months after they purchased the building, Clinton said his aunt, Jean Clinton Roeschlaub, a co-owner of the business, was murdered.

“My aunt has an estate and one-third of this building belongs to that estate, so that’s an issue we need to consider,” he said.

Clinton said he is looking for a buyer that will allow the restaurant, famous for its woodland decor and low prices, to stay in the building and return to being tenants under a lease.

“We paid rent for 71 years, and hopefully we’ll go back to that position with a lease and a landlord, and maybe we’ll have just a little more money in our pocket,” he said.

Meanwhile, worried customers have been coming into the restaurant fearing that it will soon close. For them, Clinton had reassuring words.

“Don’t worry,” he said, “but eat more.”

©Los Angeles Downtown News.

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nomination time?

Postby khummer » Thu Aug 06, 2009 3:05 pm

must be now...

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Postby nichols » Sat Aug 15, 2009 10:20 am

LAist

LAistory: Clifton's Cafeterias
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Last week came the news that the Clinton family (yes, Clinton) had decided to sell the building that has housed Clifton's Cafeteria, known as Clifton's Brookdale because of its whimsical forest themed decor, since 1935. Although few people admit to finding the food offered at the last of the Clifton's Cafeterias a gastronomic revelation, the news brought the immediate fear that this would bring about the end altogether of a decades-long institution in Los Angeles. While the Clinton family hopes to just unload the property but continue to operate the cafeteria (they actually only bought the building at 648 S Broadway in Downtown outright in 2006) now seems like a fitting time to fill in the gaps of local history when it comes to the Clintons and their Clifton's Cafeterias...and maybe, if you're hungry, prompt a trip with a tray down the lanes of the eatery--the last of a dying breed...

http://laist.com/2009/08/15/laistory_cl ... terias.php

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Postby nichols » Thu Aug 20, 2009 6:25 pm

Patt Morrison, KPCC

http://www.scpr.org/programs/patt-morri ... cafeteria/

"The rumors that I hear (about Clifton's) are not all bad. I can't say anything about it but I think we'll be happy with the way it turns out."
-Jonathan Gold

http://www.scpr.org/programs/patt-morri ... ss-of-mob/


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