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Scuttlebutt of the Week

by Prince Of Petworth June 16, 2008 at 10:21 pm 3 Comments

Despite my 97% accuracy rate, scuttlebutt is exactly that. I can not guarantee the following is 100% truth. It is merely rumor, however, history has shown there is a strong possibility that the rumors will turn out to be true.

Rumor number one: The Temperance Hall building is on the market. That means the whole building that houses Looking Glass Lounge and Yoga House is for sale not the individual businesses. Those two business have secured multi-year leases so they will not be affected should the building sell. However, it will be interesting to see if there are any longer term implications when their leases run out in a number of years. I believe the building is going for $1.3 or $1.8 million. What do you think are the implications if a sale goes through for the long term?

Rumor number two: Colorado Kitchen is currently in negotiations on renewing their lease. Rumor has it the negotiations are not going that well. There could be a move by the end of the year if a deal is not reached. Has anyone up in North Country heard this rumor?

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