Winburn: City failed Mahogany's - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Winburn: City failed Mahogany's

CINCINNATI, OH (FOX19) -

Managers of The Banks are now threatening Mahogany's with eviction saying the restaurant is behind on their rent by more than $50,000.

FOX19 has uncovered documents that say developers are threatening to evict Mahogany's, a restaurant and bar located at The Banks.

According to a letter sent by the developer to Mahogany's and to City Council, the restaurant's owner owes more than $50 thousand in back rent, assessments and other charges under its lease.

On Friday, another $2,000 in utility charges will be added on.

The owner of The Banks states that if Mahogany's fails to pay back the entire amount it owes in the next ten days, the landlord will explore all available remedies - including raising the rent, suing or "recovery of the premises."

The developer also states that can take legal action to get the rent money. 

Charlie Winburn leads the Finance and Budget Committee for Cincinnati city council. He says although Mahogany's is the one facing thousands of dollars in debt, the city is the one who failed here.

"I think the city has failed Mahogany's," said Winburn. "I think by coming into the big leagues on The Banks and then the city not giving them enough space to really promote her business, I'm not sure the city really, really helped her."

In fact, Winburn says, several businesses on the Banks have seen a rough winter and are facing similar issues. One Banks restaurant manager told FOX19 that business has been down recently.

"I think that the city helped move Mahogany's toward failure by not giving them proper space and then they kind of bait and switched them. They offered so many amenities and incentives and they really backed away from those incentives," says Winburn.

Winburn says he wants to invite all the business owners at The Banks to City Hall. He says he wants to hear their suggestions on how the city can help The Banks be as successful as possible.

Libby Korosec, a spokesperson for The Banks, did not have a comment specifically about Mahogany's.

However, she did say each lease is tailored to each individual tenant.  She said they have only one restaurant space left to fill in phase one and they're being selective in their choice for what fills it.  She wanted to remind the public the Banks is in its infancy; the market is still defining the place.

Earlier in the month, it was revealed that Mahogany's is also behind in its taxes. The state of Ohio in December secured a judgment against Mahogany's At The Banks LLC for $9,671.48 for sales tax and one for $12,424.04 for workers compensation, according to court documents.

To read the full letter, click here.

Copyright 2014 WXIX. All rights reserved.

  • FOX19 HeadlinesMore>>

  • San Francisco to consider tax on companies to help homeless

    San Francisco to consider tax on companies to help homeless

    Monday, July 16 2018 9:59 PM EDT2018-07-17 01:59:19 GMT
    Tuesday, July 17 2018 3:14 PM EDT2018-07-17 19:14:24 GMT
    (AP Photo/Eric Risberg, File). FILE - In this Feb. 23, 2016 file photo, a man stands outside his tent on Division Street in San Francisco. San Francisco voters will decide in November 2018 whether to tax large businesses to pay for homeless and housing...(AP Photo/Eric Risberg, File). FILE - In this Feb. 23, 2016 file photo, a man stands outside his tent on Division Street in San Francisco. San Francisco voters will decide in November 2018 whether to tax large businesses to pay for homeless and housing...

    Homelessness is a major problem in San Francisco, as well as other cities on the West Coast with growing numbers of high-paying tech jobs that price lower-income residents out of a shrinking housing supply. 

    Full Story >

    Homelessness is a major problem in San Francisco, as well as other cities on the West Coast with growing numbers of high-paying tech jobs that price lower-income residents out of a shrinking housing supply. 

    Full Story >
  • Trump unfazed by GOP criticism, says Putin meeting was great

    Trump unfazed by GOP criticism, says Putin meeting was great

    Tuesday, July 17 2018 12:20 AM EDT2018-07-17 04:20:06 GMT
    Tuesday, July 17 2018 3:07 PM EDT2018-07-17 19:07:28 GMT
    (AP Photo/Pablo Martinez Monsivais). U.S. President Donald Trump speaks with Russian President Vladimir Putin during a press conference after their meeting at the Presidential Palace in Helsinki, Finland, Monday, July 16, 2018.(AP Photo/Pablo Martinez Monsivais). U.S. President Donald Trump speaks with Russian President Vladimir Putin during a press conference after their meeting at the Presidential Palace in Helsinki, Finland, Monday, July 16, 2018.

    Standing alongside Putin, Trump steered clear of any confrontation with the Russian, going so far as to question American intelligence and last week's federal indictments that accused 12 Russians of hacking into Democratic email accounts to hurt Hillary Clinton in 2016.

    Full Story >

    Standing alongside Putin, Trump steered clear of any confrontation with the Russian, going so far as to question American intelligence and last week's federal indictments that accused 12 Russians of hacking into Democratic email accounts to hurt Hillary Clinton in 2016.

    Full Story >
  • Hawaii volcano boat tours continue after lava injuries

    Hawaii volcano boat tours continue after lava injuries

    Tuesday, July 17 2018 2:41 AM EDT2018-07-17 06:41:55 GMT
    Tuesday, July 17 2018 3:03 PM EDT2018-07-17 19:03:00 GMT
    (Hawaii Department of Land and Natural Resources via AP). This photo provided by the Hawaii Department of Land and Natural Resources shows damage to the roof of a tour boat after an explosion sent lava flying through the roof off the Big Island of Hawa...(Hawaii Department of Land and Natural Resources via AP). This photo provided by the Hawaii Department of Land and Natural Resources shows damage to the roof of a tour boat after an explosion sent lava flying through the roof off the Big Island of Hawa...
    Hawaii tour boat operators plan to continue taking visitors to see lava, but will follow the Coast Guard's revised policy and stay farther away after an explosion caused molten rock to barrel through the roof of a...Full Story >
    Hawaii tour boat operators plan to continue taking visitors to see lava, but will follow the Coast Guard's revised policy and stay farther away after an explosion caused molten rock to barrel through the roof of a vessel, injuring 23 people.Full Story >
Powered by Frankly