If you could please buy many more overpriced cocktails, much more often, that would be greeaat ...
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Call it part deux of The Eternal Wait for Big Expense Accounts, in which everyone from pension fund managers to the lowliest general manager awaits a massive litter of business fatcats to justify excessive investment in some niche of the hospitality sector.
Some choice quotes:
There's a lot of money in San Francisco. but people don't go out and spend it as much ... In NYC you don't even need a great concept. You could open anything and people will come in.And:
--Todd Palmerton, co-owner, Mamacita and Doubledutch
LA, New York and Miami have the entertainment business driving a lot of the nightlife, especially on the weekdays when you have movie premiers. You get the fashion houseAnd:
that wants to show off some new line, an agency that just signed a bunch of new actors or models. We don't have that here.
--Hugo Gamboa, co-owner, Suite One8One, Impala, Marina Sports, Mas Sake Freestyle, Glo
This is a very expensive city to live in. Unless you have a high-paying job, it's very expensive to live here, never mind go out.And, inevitably:
--Sunwoo Hwang, owner, Vessel
During the dot-com era there was a much greater cross section of people in SF [with money --ed.], so many more people went out every night ... I definitely think we have not rebounded from that.
--Gina Milano, founder, Bambuddha
As much as I like to be snarky lately, there are actually some good insights there.
Read the story for the full roundtable, including more on the dangers of hip-hop, an owner cheating on his wife in his club and the resurgence of cocaine in SF.
Labels: bars, drunktards
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