downtown Austin's real estate and neighborhood blog
FOR LEASE
507 Sabine St #604 (map)
Austin, Tx 78701
$1499 per month
Stunning model unit with city views. Upgraded hardwood floors, bathroom tile. The 6th floor is the first floor with unobstructed city and State Capitol views. Perfect for anyone looking for the walkable lifestyle. Furnishings negotiable.
We were unhappy about last week’s news that Katz’s deli has fallen on hard times. Amidst the recent bankruptcy, Austin’s Katz’s Deli is now certain to be moving. Our sources say the landlord wants them out, and the famous restaurant could vacate as soon as August.
According to the ABJ article, Katz said agreeing to his lease terms was his “biggest mistake.” DAB is being told that the current landlord is asking $42 per foot + ~$12NNN for approximately 6,000 square feet. It’s gotta be hard to make a living paying $27,000 per month in rent while selling sammiches in Austin, Texas!
The restaurant chain may be down, but not out. Even with the financial troubles, it is hard to imagine there isn’t a landlord out there that could benefit from the Katz’s brand cache. We’re eager to find out where they will be moving to.
The DAA is seeking for proposals from artists, designers, and other qualified individuals to create an attractive, cohesive and Austin-centric set of decorations for the downtown holiday tree. The approximately 40’ live tree is installed at the base of the Capitol in early December and remains in place until the second week in January. The tree is an important part of the downtown holiday experience. The decorations will showcase a local artist or designer while providing a uniquely festive signature tree for downtown. Proposals are due on August 30th and a pre-proposal meeting will be held on August 13th.
For more information, review the RFP at: http://www.downtownaustin.com/news
downtown Austin open house listings for Saturday, July 24th
(Got the wrong week? Click here)
downtown Austin open house listings for Sunday, July 25th
This is a great weekend to check out the Shore condos (my home!) where there are three open houses. Including #103: a rare three-story live/work space, located on the ground level.
When you’re done with the open houses, you can enjoy an afternoon on Lady Bird Lake by renting a canoe or kayak from at the Texas Rowing Center. Or, dine al fresco at Annie’s Cafe on Congress Ave for breakfast, lunch, or dinner. Make sure to download my transaction report from June (registered members only) and discuss with a Realtor who lives and works in downtown Austin.
-Jude
C’mon, admit it… you’ve always wanted your own bar. Tired of Bob Woody and that bachelor guy having all the fun? With $300,000 originally invested, Downtown Austin’s Club Deja Vu can be purchased for $80,000 + lease payments, of course.
