Avance Is Facing Eviction

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Michael Klein has the scoop. One day after we broke the news that Georges Perrier had lost 1523 Walnut Street in a sheriff’s sale earlier this month, the new owners have moved to evict Avance, the building’s current tenant.

The biggest revelation in the suit? Avance’s rent is $28,000 each month. Ouch. That’s a lot of lamb burgers to sell.


On Tuesday, we had heard that there was trouble brewing at Avance and reached out to Chris Scarduzio, who had been noted as a partner in the business in many press reports. "I have nothing to do with Avance anymore," he told us. "And I'd like to keep it that way."

So we then called investor Stephen Olitsky, who we are pretty sure does have something to do with Avance. And he gave us a "no comment."

Let the speculation begin: What will replace Avance? The new owner is a company called WA Financial Partners. Could the WA stand for Walter Abrams, the opening chef at Le Bec-Fin 2.0?

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  • buzzbye

    Over priced food for over priced real estate for a over priced chef in a over saturated food city is now starting to kill off the business. And the idiots are to stupid to understand this why?

    • bradkeet

      “to stupid”

      • vfiorillo

        Ha!

  • observer from within

    what did they expect when non restauranteurs (backer) try to play restaurant in an ever changing demographic of diners? What a waste of millions!

  • https://twitter.com/PhillyBestBYOB Philly’s Best BYOBs

    Had a sensational meal there a couple of weeks ago. Perfect service, and no one mentioned “bread program”.

  • barrygster

    Just let the space go retail or fast casual, already.

    • Grim Reaper

      Seriously. Let the speculation begin. That’s a more fun game than death watch.

  • Jimmy

    Scarduzio should open Table 31 Redux in that space! The first iteration was so delicious my mouth is watering just thinking about the possibility of his cooking making a return.

    Gross.

    Here’s hoping Bogle and crew keep the ship afloat. This town does not appreciate innovation.

  • The Gone

    Scaduzio without Perrier is nothing!!!

  • Anythingscraduziotouchesfails

    You have to be a complete moron to agree to $28,000 per month in rent.

  • usedtoworkhere

    Justin is a great chef and a really nice guy. I think if he set his sights on the type of place that is more realistic in Philly (great food, a little more casual, still classy) it would take off.