"The Silver Peso, at 450 Magnolia Ave., has anchored the rich Marin city's downtown for the past 64 years. Nestled among newer businesses such as Boichik Bagels and Equator Coffees, it is known for serving Pabst Blue Ribbon on draft and welcoming people from every walk of life. On May 21, a neighbor accidentally drove their car into the business, causing severe structural damage. It's been closed ever since."
"Rick Adams, who owned the building for the last 32 years, told SFGATE that he sold it and is no longer the landlord as of Nov. 24. He didn't say who the new owners are. Rebel Lee, a former bartender who has owned the business since 2015, shared on Facebook that he and his attorneys are in negotiations with the potential new owners. He hopes to keep his lease going."
The Silver Peso, a 64-year-old bar at 450 Magnolia Ave. in Larkspur, suffered severe structural damage when a neighbor accidentally drove a car into the business on May 21, forcing its closure. The building owner of 32 years, Rick Adams, sold the property and is no longer the landlord as of Nov. 24. Rebel Lee, who has owned the business since 2015, and his attorneys are negotiating with potential new owners and hope to keep the lease. New landlords are expected to repair damage; staff rehiring and disposal of expired products will take time. Employees face financial hardship and have sought community support.
Read at SFGATE
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