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BUSINESS
July 15, 1998
A Washington restaurant broker is suing Harbor Inn Pier 5, claiming that he never received an agreed-upon commission for bringing McCormick & Schmick's to the waterfront hotel.In a lawsuit in Baltimore Circuit Court, EDH Associates says it is owed $127,005 by the 71-room Inner Harbor hotel that is part of the troubled empire of Psychic Friends Network founder Michael W. Lasky.The broker's calculation is based on a 4 percent commission on the base rental of $2.58 million for the first 10 years of the seafood chain's lease and 1.5 percent of $1.59 million for the next five years, according to the suit.
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BUSINESS
The Baltimore Sun | February 7, 2012
The Holiday Inn Baltimore Inner Harbor has been acquired by The Procaccianti Group, a Providence, R.I.-based real estate investment and management company, the firm announced Tuesday. The purchase of the 13-story, 365-room hotel on West Lombard Street brings the company's hospitality properties to 61 hotels in 23 states, the firm said in a statement. "We believe this hotel is properly positioned to benefit as the market continues to rebound and key performance indicators improve," Robert Leven, The Procaccianti Group's chief investment officer, said in the statement.
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BUSINESS
By June Arney and June Arney,SUN STAFF | June 13, 1998
Michael W. Lasky, owner of the bankrupt Inphomation Communications Inc., is negotiating to sell at least his share of the Harbor Inn Pier 5 to John Paterakis, according to a source close to the deal.An attorney representing the hotel declined yesterday to discuss if any negotiations are under way, and emphatically stated that no deal has been struck."At the end of the day, the bottom line for us is there is no deal to sell the hotel," said Robert Schulman, an attorney representing the Harbor Inn.Paul-Michael Sweeney, the Chapter 11 trustee for Inphomation, said he could not comment on any possible sale but added, "To the extent that there's a source of revenue available to pay creditors of Inphomation, we intend to protect our rights."
NEWS
By Lynn Anderson and Lynn Anderson,Sun Reporter | November 16, 2006
Club Malibu has been open only a few months, but it already has a reputation for being a violent and dangerous place. In a two-week span in late October, the Southeast Baltimore bar was the scene of brawls that left blood on the club's dance floor and sent eight people to Johns Hopkins Bayview Medical Center, where they were treated for stab wounds, cuts and bruises, city police reported. "The bar has been a serious problem for us," said Matt Jablow, a spokesman for the city Police Department.
BUSINESS
By June Arney and June Arney,SUN STAFF | April 15, 1999
Lenny's Chop House, which opened 15 months ago, will serve its final dinner Saturday night, closing its doors after its owner and the management company operating the Harbor Inn Pier 5, where the restaurant is located, failed to reach a business agreement."
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | September 1, 1998
The Harbor Inn Pier 5, which reopened last year after a $12 million renovation but got caught in the web of its principal owner's bankruptcy, is scheduled to fall under the gavel later this month.The 65-room hotel, part of the once-burgeoning empire of Michael W. Lasky until his Inphomation Communications Inc. television infomercial business filed for bankruptcy protection in February, is set to be auctioned at noon Sept. 18.The scheduled foreclosure auction of the three-story hotel is being brought by a group controlled by H&S Bakery Inc. co-owner John Paterakis Sr., which bought $9 million in debt on the lodging project several months ago."
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | September 19, 1998
Hoping to protect his investment in a planned $350 million commercial development east of the Inner Harbor, local baking magnate John Paterakis Sr. has acquired the troubled Harbor Inn at Pier 5 hotel.Paterakis' H & S Properties Development Corp. bought the downtown hotel late Thursday for $12 million. The purchase avoided a foreclosure auction scheduled yesterday by a Paterakis-controlled group that had acquired the debt on the 65-room waterfront hotel from a New York lender."The main motivation here was, he really didn't want to see the project shut down," said Michael Beatty, an H & S Properties vice president.
NEWS
August 8, 1999
TWO OF the Inner Harbor's most aggressive developers -- John Paterakis and David Cordish -- want to remake piers 5 and 6.Individually or jointly, they are talking about building a garage and retail shops on city-owned land around the Columbus Center and razing the concert pavilion to expand the 65-room Harbor Inn hotel and restaurant complex.Except for the garage, for which Mr. Cordish has submitted a written proposal, the ideas are only at the talking stage.This developer interest is not surprising: Piers 5 and 6 contain some of the last vacant or underutilized Inner Harbor land.
BUSINESS
By Dennis O'Brien and Dennis O'Brien,SUN STAFF | June 30, 1998
Baltimore developer Otis Warren has until July 21 to decide whether to buy an Inner Harbor hotel or allow his partner, Michael W. Lasky, the owner of the bankrupt Inphomation Communications Inc., to sell it to developer John Paterakis Sr.Warren sued Lasky's Harbor Hotels LTD in Baltimore Circuit Court this month to block the sale of Harbor Inn Pier 5, in the 700 block of Eastern Ave.In the suit, Warren alleged that although they were partners for three years,...
BUSINESS
By Gary Gately and Gary Gately,SUN STAFF | October 11, 1997
After repeated delays, the Harbor Inn Pier 5 opened this week with the hope of transforming a multimillion-dollar failure into a successful, upscale inn.With a $12 million renovation nearly complete, the interior of the three-story, waterfront hotel southeast of the National Aquarium bears little resemblance to the failed Harrison's Inn at Pier 5.Gone are the nautical theme and the replica of a skipjack in the center of the atrium. Beneath the translucent roof topping the three-story atrium, guests will step into a distinctive, art-deco lobby with custom-made furniture; walls covered with textured paint in shades of mahogany, purple and blue; huge lighting fixtures resembling inverted canopies; and a mural surrounding the hotel depicting Baltimore scenes.
NEWS
By Tim Craig and Tim Craig,SUN STAFF | July 18, 2000
The tall ships are gone, but a two-story party yacht is set to tie up at the Inner Harbor -- an attraction that tourism officials hope will draw visitors to the east side of Baltimore's waterfront and help the rebound of the Harbor Inn Pier 5 Hotel. The Pintail Lady, a plush, 91-foot yacht with a 145-person capacity, is expected to relocate this weekend from its mooring on the Eastern Shore to its new home alongside the Pier 5 Hotel. "It helps us ... make a further bridge to the neighborhoods and close that gap between downtown and Fells Point and Little Italy," said Dan Lincoln, vice president of tourism and communications for the Baltimore Area Convention and Visitors Association.
NEWS
August 8, 1999
TWO OF the Inner Harbor's most aggressive developers -- John Paterakis and David Cordish -- want to remake piers 5 and 6.Individually or jointly, they are talking about building a garage and retail shops on city-owned land around the Columbus Center and razing the concert pavilion to expand the 65-room Harbor Inn hotel and restaurant complex.Except for the garage, for which Mr. Cordish has submitted a written proposal, the ideas are only at the talking stage.This developer interest is not surprising: Piers 5 and 6 contain some of the last vacant or underutilized Inner Harbor land.
ENTERTAINMENT
By Elizabeth Large and Elizabeth Large,Sun Restaurant Critic | May 6, 1999
So you thought just because Lennys Chop House in the Harbor Inn Pier V closed, the restaurant was closed. Not so. Lenny Kaplan has left, but the newly named Chop House at Pier V remains open, with Lennys' general manager Robb Young promoted to food and beverage director for the hotel. Most of the staff remains, says Young. "A few line cooks and one server went with Lenny to the Polo Grill [Kaplan's other restaurant]."Young is keeping Lennys' a la carte menu, but adding a prix-fixe dinner of four courses and four different wines for $60.Meyer Jabara Hotels out of Palm Beach, Fla., took over management of the hotel a month or so ago. Plans are in the works to reopen what was the Cobalt Lounge by mid- or late May. Management is also trying to figure out what to do with the Dish Cafe, the hotel's chic coffee shop.
BUSINESS
By June Arney and June Arney,SUN STAFF | April 15, 1999
Lenny's Chop House, which opened 15 months ago, will serve its final dinner Saturday night, closing its doors after its owner and the management company operating the Harbor Inn Pier 5, where the restaurant is located, failed to reach a business agreement."
NEWS
By MICHAEL OLESKER | November 5, 1998
ON TUESDAY, which was Election Day in East Baltimore and the lesser parts of America, here was one of those moments capturing so much that we treasure in a democracy but which, for reasons unknown, seldom finds expression in the great textbooks of our schools."
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | September 19, 1998
Hoping to protect his investment in a planned $350 million commercial development east of the Inner Harbor, local baking magnate John Paterakis Sr. has acquired the troubled Harbor Inn at Pier 5 hotel.Paterakis' H & S Properties Development Corp. bought the downtown hotel late Thursday for $12 million. The purchase avoided a foreclosure auction scheduled yesterday by a Paterakis-controlled group that had acquired the debt on the 65-room waterfront hotel from a New York lender."The main motivation here was, he really didn't want to see the project shut down," said Michael Beatty, an H & S Properties vice president.
NEWS
By FROM STAFF REPORTS | May 28, 1998
The Snug Harbor Inn, in the 1400 block of Snug Harbor Road in Shady Side, was the only food-service establishment cited for multiple infractions by Anne Arundel County health inspectors in inspections May 1-15.The restaurant was cited May 12 for not holding food at its proper temperature and for serving adulterated or spoiled food.H & J Amoco, in the 700 block of Route 3 in Gambrills, was cited on May 7 and 8 for not keeping food at the proper temperature.The inspectors visited 97 food-service establishments in the two weeks and found seven others with critical food safety violations, all for not holding food at the proper temperature.
ENTERTAINMENT
By Elizabeth Large and Elizabeth Large,Sun Restaurant Critic | September 3, 1998
The Canton bistro and martini bar Neon Moon (2522 Fait Ave.), which closed earlier this summer, is reopening next week as Doc's Eastside. The new owner is Steve Cochran, a former WQSR-radio disc jockey who was known as "the rock-n-roll doctor." (As a part-owner of Bohager's, he does have experience in the restaurant business.)Cochran's nickname is "Doc," but why "Eastside"?"I grew up in the east side of Baltimore," he says, "And I want [the restaurant] to have a nostalgic feel." The new decor will feature old photos of the neighborhood and screen paintings; the menu will include some traditional items like crab cakes, a Pigtown dog with kraut and wiener schnitzel.
ENTERTAINMENT
By Elizabeth Large and Elizabeth Large,Sun Restaurant Critic | September 3, 1998
The Canton bistro and martini bar Neon Moon (2522 Fait Ave.), which closed earlier this summer, is reopening next week as Doc's Eastside. The new owner is Steve Cochran, a former WQSR-radio disc jockey who was known as "the rock-n-roll doctor." (As a part-owner of Bohager's, he does have experience in the restaurant business.)Cochran's nickname is "Doc," but why "Eastside"?"I grew up in the east side of Baltimore," he says, "And I want [the restaurant] to have a nostalgic feel." The new decor will feature old photos of the neighborhood and screen paintings; the menu will include some traditional items like crab cakes, a Pigtown dog with kraut and wiener schnitzel.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | September 1, 1998
The Harbor Inn Pier 5, which reopened last year after a $12 million renovation but got caught in the web of its principal owner's bankruptcy, is scheduled to fall under the gavel later this month.The 65-room hotel, part of the once-burgeoning empire of Michael W. Lasky until his Inphomation Communications Inc. television infomercial business filed for bankruptcy protection in February, is set to be auctioned at noon Sept. 18.The scheduled foreclosure auction of the three-story hotel is being brought by a group controlled by H&S Bakery Inc. co-owner John Paterakis Sr., which bought $9 million in debt on the lodging project several months ago."
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