Yancy’s, Longbranch File Chapter 11
TBJ is reporting that both Yancy’s and The Longbranch filed for Chapter 11 bankruptcy protection earlier this week. This is the same situation that Amedeo’s on Western Blvd. is in where their credit is locked down, but they can stay in business.
Word on the street is that Yancy’s is moving their live music operation out to the former Hideaway BBQ site. Located on the first level of The Hudson, Yancy’s aimed to be a great southern cooking site by day, great jazz site by night. They installed expensive computerized lighting equipment and spend a small fortune trying to soundproof their operation from condos above. This was a miserable failure as complaints from condos soon ensued. Apparently we’ve found one of mixed use’s limitations.
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