Two weeks ago, Mr. Mizrachi told the crowd at the Save the Huntridge meeting that he wanted to save the property, find a viable tenant and make the property successful.
He assured us he did not want to tear down the historic buildings. He went to Carson City today to ask that the covenants placed on the building by the State be removed. He offered to pay back the money, $1.5 million, that had been awarded to the previous owners in exchange for the removal. This would have had damaging repercussions as it would have set a precedent nationally for owners of historic properties.
Word came late this afternoon that Eli Mizrachi's bid to have the state's two covenants on the historic Huntridge Theater overturned was turned down by the State's Cultural Affairs Commission. They instructed their staff to work with Mr. Mizrachi to find viable tenants for the property.
They said they would revist the situation when they meet again in September.
We applaud the Cultural Affairs Commission for refusing, at this point, to accept Mr. Mizrachi's offer. We hope that a new tenant(s) can be found.
To read our contributing blogger, Brian Paco Alvarez's take on the situation, follow this link: