Wednesday, April 01, 2015

Quarter monopoly

NOLA.com: Napoleon House sold to Ralph Brennan

Great. Another damn Brennan-owned French Quarter establishment.  Brennan says he doesn't want to change anything. I hope that's true. Despite its obvious touristy quality, there was still a decided lack of pretentiousness about the place. (Also, Menckles and I got married there five years ago. It was by a wide margin the only affordable venue in the Quarter for losers like us to have an event like that.)

In related events, John Georges is cutting other local plutocrats in on his Galatoire's racket.

This week, that group added two high-profile members, with Louisiana
shipbuilding magnate Donald “Boysie” Bollinger and banker John C.
Simpson becoming minority owners.

John Georges, majority owner of the historic restaurant and
publisher of The Advocate, sold 10 percent of his ownership in
Galatoire’s to the two men, according to a statement from Galatoire’s
released Monday.

The 10 percent stake includes an interest in the related Galatoire’s
 Bistro in Baton Rouge and in Galatoire’s 33 Bar & Steak, located
adjacent to the original Bourbon Street restaurant, as well as “in any
future endeavors involving the Galatoire’s ownership group,” according
to the statement.

Bollinger is the chairman and chief executive officer of Bollinger
Enterprises and the former chairman and CEO of Bollinger Shipyards Inc.
Simpson is chairman of Alexandria-based Red River Bank.

Someday we'll learn who wins the big game of French Quarter Monopoly they're all playing. The winner gets to build his own Iconic hotel on the Moonwalk.

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