Houston’s formerly fair-haired restaurant group Treadsack (Down House, Foreign Correspondents, Hunky Dory, Bernadine’s, etc.) is in serious trouble; stories have been circulating for a while now about payroll problems, and it doesn’t take a genius to figure out that the problems are directly tied to a ridiculously over-ambitious expansion program probably timed to take advantage of the regional and national press accolades they were piling up.
Finally, the Houston Press gets to the bottom of it and — spoiler alert — it ain’t pretty. The Texas Comptroller’s Office has frozen their accounts; the IRS has over a million bucks in liens against them; and at least two banks aren’t honoring their checks. I’m pretty sure this is how you spell “fucked.”
it’s a damn shame, because the food at Down House was legit, and both Hunky Dory and Bernadine’s were delightful (if overpriced). I guess the good news is that someone’s gonna snap those locations up, though — they’re lovely.