Frances Bula header image 2

Waldorf Hotel to shut its doors Jan. 20 after landlord says 15-year lease is broken and sells to Solterra condo developer

January 9th, 2013 · 15 Comments

This was sent out by the hotel’s young developers, who made it into a real cultural hub the last two years.

FOR IMMEDIATE RELEASE

January 9, 2013, Vancouver, British Columbia:

East Vancouver’s cultural institution the Waldorf Hotel has been sold to real estate development company forcing imminent closure.

The Waldorf Hotel re-opened its doors on October 31, 2010 with a vision: create a welcoming cultural hub in the heart of East Vancouver. Prior to this, the complex, which was built in 1947, had seen better days, and was just one of many dilapidated Eastside dive bars. But in the summer of 2010, a 15-year lease was signed by a group of partners led by Thomas Anselmi, Ernesto Gomez, Scott Cohen, and Daniel Fazio. They proceeded at great financial and sweat equity costs, with no assistance from the landlord, to restore the building to its former glory.

A restaurant, hotel rooms, a world renowned tiki bar, two nightclub spaces, a recording studio, and an art gallery were housed under the re-imagined Waldorf’s roof. It was embraced by the community and dubbed “a Cultural Oasis in the middle of nowhere” by the Globe and Mail.

The Waldorf was well on its way to growing into an economically viable and profitable business. But, given the scope of the project and its “middle of nowhere” location, it should come as no surprise that the first year was a financially difficult one. The landlord, Marko Puharich, was sympathetic and understanding and some rent was forgiven to give the project breathing room. But in August 2012, the landlord’s attitude changed overnight and it was baffling. Phone calls stopped being answered. Emails and texts were unreturned. A smug litigator, rather than the jovial landlord, became the point of contact. The property was on the market and the landlord was using the Waldorf’s growing pains to break the lease.

In early January 2013,  Anselmi and Gomez were informed that the complex had been sold to the Solterra Group of Companies, a condominium developer. “Solterra were unwilling to sit down and discuss negotiating long-term lease possibilities. We were offered a week-to-week lease until September 2013, when the property must be delivered vacant.  We obviously can’t move forward under these conditions as our business requires commitments to artists, organizations and entertainers months in advance,” Anselmi explains. He then adds: “This has cost 60 people their jobs. This has destroyed our business.

“The irony that the Waldorf was taken over by a condo developer in the very area we helped reinvigorate is obvious to anyone. The Waldorf filled a void. People responded because they needed it. We tried to stand for something authentic and real in a city with thousands of empty condominiums and a community starved for cultural spaces,” says Anselmi.

During its tenure, institutions like the Cheaper Show, the East Side Culture Crawl, the New Forms Festival, the Polaris Music Prize, the Presentation House Gallery, the PuSh International Performing Arts Festival, the TD Vancouver International Jazz Festival, the Vancouver Art Gallery, and the Vancouver International Film Festival all held events at the Waldorf. And the city’s top culture producers like Black Mountain, Douglas Coupland, Rodney Graham, Grimes, Japandroids, Michael Turner, and Paul Wong all headlined events here as well. “On top of international entertainment programming every weekend, the team was constantly working towards the next big event, such as Food Cart Festival and our legendary hotel-wide Halloween and New Year’s Eve Parties,” Fazio recalls. “We were always trying to out-do ourselves.”

Everyone at the Waldorf takes great pride in the fact that the complex was operated as a community-oriented cultural institution. The Waldorf had an open door policy. Countless emerging artists, non-profits, and community groups were facilitated. The Chef-in-Residence program devised by Gomez and Cesar De La Parra hosted international culinary stars, Bob Blumer, Rodolfo Sanchez, and Pedro Martin. The Waldorf hosted an international artist-in-residence program for musicians and visual artists in collaboration with the Goethe-Institut and the French Consulate.

“We would like to extend our sincere gratitude to all the people who supported the Waldorf since we reopened our doors. We’re extremely proud of all the artists and events that we’ve hosted over last two and a half years. We’re extremely proud of our incredible staff who helped to execute world class events,” says Gomez.

The Waldorf will be vacated on Sunday, January 20, 2013. The Waldorf was nothing without its creative team and they are currently looking for a new space where they can continue to develop the high quality and eclectic arts and entertainment programming that the complex has become known for and that Vancouverites want and deserve.

Categories: Uncategorized

  • spartikus

    The redesign was well-done, as was the Mexican brunch on Sundays.

    Sad.

  • Morry

    sad to see that the Kon-Tiki room will get nuked.

    By the way Vision Vancouver’s days are also now toast. Too many bad decisions that have their name attached to them. New Mayor come next election.

  • Silly Season

    Very sad as it was obviously partly a labour of love for these young guys. I wonder if they negotiated the initial lease on their own or had a lawyer do it.

    There are some vague references to ‘terms’ here. It all sounds a little too ‘open-ended’ to me.

    Another business lesson, sadly learned?

    And another kick in the slats to young people who are trying to grow a business in Vancouver’s stoopid real estate market.

  • r_

    What will be even sadder is seeing this site sit empty for years.

    With real estate prices dropping significantly this year it is unlikely the developer will start building anytime sooner.

  • Tiktaalik

    If I had bought the at the Bohème Condos I’d be frantically trying to get out the deal right now.

  • Annabel Vaughan

    this is a HUGE loss for the City…

    We can’t be green or sustainable or livable without our cultural institutions [r.i.p Centre A, W2, Waldorf…etc] – and in this ridiculously inflated market they need help…when Vancouverites spend over 30% just to live – the money we have to establish places like the Waldorf is hard won…it takes time to establish clientele and get steady operational funds for an ambitious project like the Waldorf…and with the vultures of condo speculation breathing down every available lot it is a hard city to succeed in….

    When cultural institutions are told in the NEOliberal ‘profit is god’ world that if they can’t make it at market rate then they should get out of the game – WE ALL LOSE – the market is perverse and eats its own babies.

  • Bill Lee

    Cultural institution?

    It was a pub with the minimal number of room for the Longshoreman’s Hall around the corner and assorted light foundry and other factories in the neighbourhood.

    Drinking. That was the Waldorf.
    Brighter than the Princeton (1901 Powell Street, [1932 photo ] http://searcharchives.vancouver.ca/princeton-hotel-exterior-1901-powell-street;rad ) less scrungy than the Drake (and Coleman’s crew has dug down to the old Drake’s foundations for the new hotel-residence this week) or the numerous Main and Hastings crowd.

    See some of the Puharich family archives of the heyday searcharchives.vancouver.ca/waldorf-hotel-dining-room-basement;rad and the commercial photos of News Herald Photo Al Kipnes.

    Save the Blackstone, the Continental, the old (2nd ) Hotel Vancouver, the London Hotel on Main etc.

  • Lisa

    To me, it seems like Vancouver is hell-bent on creating a suburban atmosphere with everything having a strip-mall feel to it. For me, it all started when we got a big Shoe Warehouse on Granville St downtown, I saw the end…. I guess when the condos do go up, and people move in, they will open up another generic establishment like Browns Social club or something for residents to drink at, nothing that has a history and character to it whatsoever. I feel that is really sad.

  • IanS

    “Another business lesson, sadly learned?”

    Looks like. It’s unfortunate, but it sounds like they took a risk without getting a long term lease or some other protection and, sadly, are paying the price.

  • Bill Lee

    And from the (Lachrymose) Lederman article two years ago in the Globe and Mail in

    ….”So great that the Waldorf’s presence has sparked new hopes for this neighbourhood from camps as divergent as emerging artists, political hopefuls and real estate moguls. Maybe call it space intervention, a re-description of this place.
    “It’s a validator that there’s going to be a new type of community here,” condominium marketer Bob Rennie says during a drive through the neighbourhood, pointing out three lots for sale across the street from the Waldorf. The revamped hotel, he says, has “caused a more serious evaluation” of these properties, and he predicts a neighbourhood shift to residential, which will be particularly attractive to the “creative class.”
    When Vision Vancouver announced its arts and culture platform this week, it called for more flexible zoning in areas such as this so artists can turn existing commercial and industrial buildings into studio spaces – legally.
    “Certainly along Hastings is an area we’re looking at,” said Vision councillor Heather Deal.
    NPA candidate Elizabeth Ball says it’s not always necessary to change the zoning, but agrees “East Hastings, the whole area, is rich with possibilities for development as a cultural area because there’s all kinds of interesting old buildings and spaces.”

    at the new (Old?) Waldorf Hotel website
    Waldorf Hotel on Oct 29, 2011 .
    http://www.waldorfhotel.com/2011/10/vancouver%E2%80%99s-cultural-oasis-in-the-middle-of-nowhere/

  • Alec Ross

    A truly sad day. Let’s just remember the fun we had!

  • Bill Lee

    Ah, the little [Forest Village = Wald Dorf auf Deutsch ] stirs up the Ostalgia.

    Nothing like the Bavarian Room closing on West Broadway.

    @Lisa.
    You may not like the aesthetics of the Shoe Warehouse, but it was part of a local chain, Sterling Shoes. Sterling shoes sold Sterling Shoes, Shoe Warehouse and Freedman Shoes under a CCCA (Bankruptcy) to Town Shoes last year.

    Freedman shoes had stores on West Fourth and South Granville for those whose toes don’t venture past Cambie street.

    “History and Character” are all nice, but a bit twee and now that some districts realize that most of the area is from the 1910s or 1950s they see the old plumbing and wiring that mean old wooden structures don’t last.

    This Waldorf and the end of the Astoria, Harris Paints, Wallace Neon See Kris and Bob Rennie’s “arts plans” at

    http://m.theglobeandmail.com/life/home-and-garden/real-estate/paint-store-sale-heralds-major-east-hastings-redevelopment/article1358328/?service=mobile

    are a recapitulation of the old 1963 “October Show,” a salon of VAG refusees, of artists lofts that lead to the gutting of old Yaletown studios.

    See our political salon’s Madame Bula in October 2011, “City artists lose another building as city drafts policies to preserve cultural space”
    October 4th, 2011

    francesbula.com/uncategorized/city-artists-lose-another-building-as-city-drafts-policies-to-preserve-cultural-space/

  • Bill Lee

    Sorry, pushing back the memories 20 years too much.

    It was the 1983 “October show”.

    And how much money will the city pour into the New VAG site already with Bob Rennie’s portrait in the city-sanctioned (Olympic) wall mural on the east wall opposite the Beatty Street Armouries, but kill off the small arts places by neglect and rampant development of ticky-tacky.

  • Bill Lee

    Historic 100 year old Hotel Patricia sold to Vancouver developer; “It’s expected the hotel will be torn down soon.”

    No, not that Patricia, this one.

    ” A Vancouver company has purchased the property at 345 2nd Ave. N. ”
    http://www.cbc.ca/news/canada/saskatchewan/story/2013/01/09/sk-patricia-hotel-closes-1301.html

  • lars gunnerson

    City hall wants to turn vancouver into a concrete condo jungle and call it green.