Landmark Orlando nightclub may be forced to close..

[ConcKahuna]

http://www.wftv.com/news/24822871/detail.html?sms_ss

It looks like the Parliament House is facing foreclosure!

 

[PHILCT]

I remember some years back, they were trying to build and sell like Timeshares around the Parliament or Full Moon area, and I thought that would never succeed. I wonder if they ever started that and if they will default on that project.

Did anyone ever take over the Full Moon (I think that is what it was called)?

I was traveling with Sister In Law, Adult Nephews and Nieces to get back to an off site Orlando Airport hotel, and we were lost. My eldest niece got scared, and started complaining about the area in which we were driving through, and at that moment I recognized the Parliament/Full Moon area and I called up my Orlando Friend and asked him for phone directions back to the off-site Airport Hotel. And the Parliament landmark got us back on our way to our hotel. Thanks Parliament !

 

[OrlandoMike]

Lots of clubs all over the world are closing....you can thank the internet for that. No need to go out and risk a DUI anymore, just hop on line!

But with the cash flow that place has, it is rather odd....Wonder if someone is skimming...

 

[OrlandoMike]

Well it sounds like you may know more than most of us..

Looks like you cant give us all the info, but please keep us informed as to what you can share.

Quite a few readers over here enjoy a night out at the PH! It's an Orlando staple....



"Oh my! Bless his heart!"

 

[PHILCT]

the full moon saloon is an empty shell, there is nothing in the building. no light fixtures, no sinks, nothing. There are a mixture of things going on with P-House. Two banks want to use the P-house mortgage as collateral to their lenders. One of their lenders is in default to their lender. When these things happen... who do you pay? So they are working it out in the courts as to who owns the mortgage.

As much as this is being built up as a going out of business sale, they still have positive cash flow, they still have a lot going on. Like most businesses you don't wanna know all the behind the scenes of what it takes to operate from day to day.

Great Disboards Member Name !

If I had only been so clever when picking out mine !

 

[DVC~OKW~96]

I remember the Time Share promotion. There was a "booth" at Orlando Pride two years ago. We spoke to the rep and he was pretty convincing! LOL.

We didn't take him up on his offer, but thought that overall they had a good idea.

I don't know by any measure, but I would hazard a guess that losing the P-House would have a significant negative economic impact on the local economy.

 

[ConcKahuna]

I don't know by any measure, but I would hazard a guess that losing the P-House would have a significant negative economic impact on the local economy.

I agree. P-House has become a pretty big local entertainment venue. They get lots of older musicians like when they had Taylor Dane there for gaydays, and some who aren't as old like Kelis ("My milkshake brings all the boys to the yard") who will be there Saturday.