At the last Board meeting (January), a representative from the Sarento’s restaurant debriefed on their news. He stated that iStar renewed their lease (as far as I understood, for another 20 years). He also informed that they are planning significant renovations. He sounded very upbeat and optimistic about the future. It was refreshing to hear good news.
By the way, iStar offered the services of the same professional designer who is working on Sarento’s renovations to our Board of Directors. iStar stated that they had offered this designer’s services – to be paid by iStar - repeatedly to our Board to assist with Common Elements renovations, such as the lobby furniture. But no, our Board refused these professional services. Instead, the Board Directors themselves chose the cheap ugly fabric for the furniture, the “design” for the elevator cab (cheap carpet on elevator cab walls and floor; they simply ruined the elevator), and cheap faux flowers all over the lobby.
The good news is: We have money in our Reserves. Once we remove some of these Directors from the Board at the upcoming Annual Meeting, we can get professional designers and fix this damage. This damage is not long-term. It can be fixed relatively easily. We just need to get fresh representation on the Board.
Back to Sarento’s: Here is a report in the Pacific Business News of 02/08/2010. Another article, in Honolulu Advertiser of 01/17/2010, reports, “Sarento’s adds live music on Thursdays.“ Apparently, the live music and Jazz Nights are quite popular there and bring significant crowds.