Monday, August 16, 2010
PI Update: Paradiso Files For Bankruptcy But The Island Is Hopping
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The new Pleasure Island ultra-lounge is actually getting people to stay and linger awhile, something Celebrate Tonight had difficulty accomplishing. The chairs and sofas were full and people were buying drinks at Laffers Cantina and popcorn from the Adventurers Club Cart, enjoying the music and even dancing!
PI Live Bar had a line too as John (Mannequins) took their drink orders. A different magician this time was working at The Hub.
Motion was dark but that next dance party can't be far away! E-Brands, the parent company of Paradiso 37, has filed for Chapter 11 bankruptcy. This means they plan to continue to operate while they reorganize their debts. I've eaten there 3 times and give it a thumbs-up. There is always the danger when you outsource, that your venues are going to go belly-up. Keep in mind that while Paradiso 37 opened after the clubs had closed, the two were not related. Paradiso was coming anyway and not one single thing has replaced any of the closed clubs. I can speculate that when E-Brands signed their contract to operate a restaurant on Pleasure Island, the island was a far livelier place with people coming out to spend the night on the island, not just pass through.