Clifton's Operator Abandons Downtown Los Angeles Amid Business Challenges
The operator of Clifton's, a historic venue in downtown Los Angeles, has decided to cease efforts to reopen the establishment. Andrew Meieran, who purchased Clifton's in 2010 and invested over $14 million in renovations, cited the increasing difficulty of doing business in the area as the primary reason for his decision. Despite attempts to revitalize the venue with various themed environments and events, the challenges posed by vandalism, rising insurance costs, and a decline in foot traffic have proven insurmountable. The area has seen a rise in crime and safety concerns, exacerbated by the pandemic, leading to a decrease in office workers and visitors. Other iconic establishments, such as Cole's, have also closed, highlighting a broader trend of businesses struggling to survive in downtown Los Angeles.