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Dining News: How Foundation Owners Went from 'Screw You' to a New Restaurant

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While I haven't had the chance to check out Foundation yet, the restaurant that replaced 4th Street Grill, I've heard a lot of good buzz about the place. But to get up and running, the new restaurant had its share of challenges. Here's just a taste of it, from Douglas Curley in Comstocks Mag.

To fulfill their vision, Sin and White would endure more than 12 months of on-again, off-again negotiations with Ron Fleming, the owner of Fourth Street Bar & Grille; and the landlord of 455 Capitol Mall, the building in which the business resides. At times, they would alternatively feel strung along, disrespected and at one point outright “screwed...”

With business plan and finances in place, they handed a proposal to Fleming and — they thought — to Dawson as well. According to Jennifer Hayer, administrator and tenant relations manager at 455 Capitol Mall, Dawson and Monterey & Great Pacific Corp. were not made aware of the Sin/White interest until after the untimely death of the buyer Fleming was pursuing. That was in January 2013. Unaware of the circumstances leading to the deal’s failure, Sin and White offered Fleming a new deal — one nearly identical to the deal he had agreed to with the other party...

Fleming said it wasn’t that easy to transition from one party to the other.

“On the day I was set to sign the final papers on the sale of Fourth Street, I got the word that the individual who was going to buy it from me had just killed himself,” Fleming says. “It was a shock to say the least and really set back my plans for the sale.”

From February to June, Sin and White negotiated with Fleming while he carried out a good-faith, month-to-month lease with Dawson. After months of fruitless go-round, Fleming told them no. Period.

“We spent $7,000 on attorney fees to make the purchase happen. And then, finally, he said, ‘I don’t want to sell it to you,’” Sin says. He basically said, ‘screw you.’”

Read the entire tale in Comstocks Mag.

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