The Gold Dust Lounge will shut its doors Wednesday, May 23, and move into a new location at Fisherman’s Wharf sometime in the next four months, according to a source close to the bar.
A press conference will be held at 2:30 Wednesday at the bar, 247 Powell St., to announce that the bar and lounge will fold its tent and move to an undisclosed location at Fisherman’s Wharf.
Recently, the bar was sued by its landlord, the Handlery family, which owns the building where the bar is situated for failing to abide by the terms of its lease and staying beyond the term of its lease. The bar and its owners, the Bovis brothers, lost a series of legal rulings this past week that sealed its fate.
The Gold Dust tried to use public relations tactics to overcome the fact that the bar didn’t have a lease. One of its previous attempts to remain on Powell Street was to seek historic status from the City of San Francisco, but the bar suffered a setback when the Historic Preservation Commission decided against granting it landmark status.
Supporters of the 47-year-old bar near Union Square hoped the designation would help save the business from being evicted by the building’s owners, the Handlery family. Next, the bar’s supporters sought help from Supervisor Christina Olague, who said she planned to introduce legislation that would override the agency, whose members said the bar had cultural significance but did not meet criteria for historic landmark designation.
But the supervisor changed her mind. She told the board she’d “respect the process” and stay out of the fight.
The day after the Historic Preservation Commission’s ruling, attorneys for the Handlery family filed a lawsuit against Jim and Tasios Bovis, who run the bar, accusing them of intentionally breaching their contract. The Bovises, in turn, sued their landlords, saying they were intimidated into signing their contract.
The battle over the watering hole started in December last year, when the Handlery family, who wants to put an Express store in the Gold Dust’s space, exercised a clause in its lease and gave the Bovises three months to clear out. The Bovises refused to leave.
At that time, Lee Houskeeper, a spokesman for the Bovises, said bar supporters would appeal the Historic Preservation Commission’s decision to the Board of Supervisors within a month. But the bar never did.
At that time, Houskeeper bragged: “We’re going to keep pouring,” he added. “We’re not going anywhere soon.”
But the Bovises and Houskeeper changed their tune this week after the bar lost a series of three important legal decisions this past week to the Handlery family.
Now the tourist bar is moving to a tourist location, Fisherman’s Wharf, where it can continue to pour drinks like it has since 1966, when the Bovises first started the lounge in the Handlery building on Powell Street.
The biggest question is why the Bovises (and their mouthpiece Houskeeper) didn’t move in the first place, except that they would have lost the publicity and income that comes from flogging a dying bar. And, of course, who in San Francisco doesn’t like a good ‘ol tenant landlord dispute? It only makes everyone drink more. Just ask the Bovis’ attorney Joe Cotchett who got his hat handed to him by the court and led to the bar finally giving up the ghost and moving to Fisherman’s Wharf. He will most likely be drowning his loss with a few drinks at the Gold Dust Bar in its final hours, courtesy of the Bovis brothers, no doubt.