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Hermann's Jazz Club


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#21 Bingo

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Posted 23 October 2017 - 09:26 PM

Spirits were high in May 2017 as a group of musicians and music lovers banded together to buy the building that's housed Hermann's Jazz Club for 37 years.

But that deal is now in trouble.

The non-profit group Jazz on View had to raise $3 million by Oct. 31 for it to move forward.

"It's a really huge amount of money to raise in a really short time, that's the big problem right from the beginning," said Jazz on View Society President Bill Turner.

"The ones with the big names have not come forward yet," said Turner.

https://www.cheknews...zz-club-379729/

 

So says someone who was involved when TLC got into a financial mess.



#22 tjv

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Posted 25 October 2017 - 01:16 PM

you don't need to raise $3 million to save that building, just raise say 5% down

 

I'm also not sure about raising money to save a private business.  They can just move to another location and rent.  I think there are a lot of better things that can be done with $3 million than to buy a building for a business to survive.  What's next save the Capital 6 building from demolition so it can start showing crappy Hollywood movies again?


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#23 Nparker

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Posted 25 October 2017 - 01:22 PM

...What's next save the Capital 6 building from demolition so it can start showing crappy Hollywood movies again?

Too late.

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#24 sdwright.vic

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Posted 25 October 2017 - 04:16 PM

^Has some awesome new seats now also. Popcorn is awesome.
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#25 Bingo

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Posted 25 October 2017 - 04:52 PM

Hermanns does not serve popcorn.



#26 tjv

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Posted 25 October 2017 - 04:55 PM

Bad reference, I didn't know Capital 6 was playing movies again



#27 sdwright.vic

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Posted 25 October 2017 - 04:57 PM

Hermanns does not serve popcorn.


But Capital 6 does!
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#28 Bingo

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Posted 04 November 2017 - 05:20 AM

Who gets the $32,000 in non-refundable deposits?

 

A community group trying to keep Hermann’s Jazz Club open by buying it has failed to reach a fundraising goal in time for an Oct. 31 deadline.

By the end of October, it had to tell the owners whether it raised enough money to buy the building at 753 View St.

If that stage of fundraising was successful, the $3-million sale was to close on Dec. 14.

But the society fell far short. It collected $32,000 in non-refundable deposits and an unspecified amount in pledges.

http://www.timescolo...sses-1.23084474

 



#29 VicHockeyFan

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Posted 04 November 2017 - 05:55 AM

The building owner keeps the deposits.
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#30 Greg

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Posted 31 May 2018 - 10:47 PM

Hermann's, which has traditionally been a venue for JazzFest Victoria, is promoting their "1st annual Hermann's Jazz Festival" during the exact same dates as JazzFest. This seems to me to be an unusually aggressive and counterproductive concept, but I'm wondering if anyone has any insight into the situation.


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#31 Bingo

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Posted 01 June 2018 - 04:24 AM

Hermann's, which has traditionally been a venue for JazzFest Victoria, is promoting their "1st annual Hermann's Jazz Festival" during the exact same dates as JazzFest. This seems to me to be an unusually aggressive and counterproductive concept, but I'm wondering if anyone has any insight into the situation.

 

From what I have heard there are conflicts amongst the owners on how the club should be run. We rarely go there anymore.



#32 sdwright.vic

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Posted 01 June 2018 - 05:24 AM

^well attempting to compete against TD Canada Trust is most likely not going to turn out well.
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#33 Dr. Barillas

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Posted 06 June 2018 - 01:32 PM

I used to slap pads at this place. Brings back some good old memories.


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#34 Klapecki

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Posted 24 July 2018 - 07:36 PM

Sounds like Herman's has closed its doors. Booked shows are being rescheduled elsewhere.

#35 Redd42

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Posted 24 July 2018 - 07:42 PM

This is the text of an e-mail sent out to the Club's e-mail list:

 

Ingrid Reid and Susan Joy would like to let everyone know that they will be resigning their position as Management of Hermann’s Jazz Club as of Midnight Tuesday, July 24th.

Due to a hostile takeover from Stephan Nieweler and Edward Nieweler forcing their resignation.

This leaves us unsure of the future of the club as we are not sure the Brothers Intentions.

We would like to thank you, all the customers,  musicians, employees and the entire City of Victoria for the overwhelming support over this past year.  The best musicians, the best listening fans, and the most amazing employees. It was a great year and one that we are so proud to have been a part of.

The international musicians Benny Green,  Emmet Cohen, Houston Pearson…

The local musicians, too many to mention, all so talented and so inspiring to watch.

Our very own John Lee… couldn’t be prouder.

The Vision that we saw at the beginning of the year to improve Hermann’s was achieved and exceeded, and it was because of all the great people who came down and supported Hermann’s.

We are currently in negotiations with a private single investor supporting to continuing the Legacy of Hermann’s.

We are so grateful to all of you!

Thank you all

Ingrid Reid and Susan Joy



#36 Cassidy

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Posted 25 July 2018 - 05:58 AM

I'm not sure how you have a "hostile takeover" in a small jazz club?

It sounds more like the folks that actually own the property are making business decisions regarding the future of their property, and those folks that currently lease or rent the building on the Nieweler's property (or work directly for the Nieweler's) disagree with those decisions ... and they quit.

 

But "hostile takeover" sounds so much more nefarious.

 

It's time to put this place out of its misery, find a new Jazz Club location, and let the building owners do what building owners tend to do ... which is maximize the value of their property investment.


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#37 magmazing

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Posted 25 July 2018 - 12:03 PM

I'm not sure how you have a "hostile takeover" in a small jazz club?

It sounds more like the folks that actually own the property are making business decisions regarding the future of their property, and those folks that currently lease or rent the building on the Nieweler's property (or work directly for the Nieweler's) disagree with those decisions ... and they quit.

 

But "hostile takeover" sounds so much more nefarious.

 

It's time to put this place out of its misery, find a new Jazz Club location, and let the building owners do what building owners tend to do ... which is maximize the value of their property investment.

Ingrid Reid is Stephan and Edward Nieweler's sister. Add that fact with the the resignation statement and the TD Victoria JazzFest statement back in April that Hermann's would not be a venue for the 2018 festival due to "pending litigation that would interfere with the operation of the club" and you can get a picture of what might be going on. 



#38 Mike K.

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Posted 25 July 2018 - 01:33 PM

Hermann's has issued a formal press release.

 

FOR IMMEDIATE RELEASE - Hermann's Jazz Club and View Street Social
Victoria, BC - 25 July 2018

 

Hermann's Jazz Club has been a local institution for over 37 years and was the life passion of our father, Hermann Nieweler until his passing in 2015. His jazz club and the neighbourhing View Street Social pub were transferred equally to his three children following his death in 2015.

 

One year ago, the business was forcibly taken over by the minority owner, Ingrid Reid (our sister), her husband Fraser and her associate, Susan Sabanski (who refers to herself as Susan Joy), without permission of the majority ownership (Stephan and Edward Nieweler). Significant changes were made to the interior of the building and expensed to all three owners, and many longtime staff members were let go without consent from the majority owners. Throughout this period, no financial records were provided to the majority owners, market rent was not paid, and no consultation was made with them on any decisions. It is for this reason that legal action and corporate governance actions were initiated by the majority owners in order to regain control of the businesses. These pending actions were becoming imminent thus placing pressure on the illegitimate operators of the club. Rather than exiting in a dignified manner with reasonable notice, Mrs. Reid and Ms. Sabanski stated on Friday, July 20 that they would be walking away from the businesses after 11:59pm on Tuesday, July 24. On four days notice, they advised staff, some bands, suppliers and the jazz community that the majority owners had forced them out, and would be responsible for all obligations beginning on July 25. Most affected performance bookings were not contacted or provided with any clarity ahead of their departure.

 

Despite the enormous challenge of taking over an operation on four days notice, the majority owners have met with a number of key stakeholders in the music community and are now securing the building (from which we were locked out for over one year). Upon determining the state of the building and our finances, and engaging in dialogue with our advisors regarding operational matters, we will determine whether we can maintain regular operations. This process may take several weeks. During this period of adjustment, a transition team of experienced leaders in the music and business community has been appointed by the majority owners to advise them on immediate matters and help the businesses maintain operations. In good faith, and with the help of the transition team, we will be honouring events booked at the club this weekend, and we endeavour to accommodate future bookings as we stabilize the operation and restore our capacities (as some staff have already sought new employment). All performers will be contacted in the coming hours and days in order to discuss the status of their bookings. It is our hope that regular operations will be possible shortly. Throughout this transition period, we will maintain normal operations at the View Street Social pub.

 

We regret the inconvenience and disruption that has been caused by the management changes of the past year and we strive to stabilize Hermann's Jazz Club and the View Street Social pub operations in the coming days and weeks. In honour of Hermann's legacy, the local music community will be consulted as part of any decisons regarding the long term future of these businesses and the property, as they are determined in the coming months. Please view our website and social media pages for further updates in the coming days. We look forward to welcoming Victoria's music community!

Stephan and Edward Nieweler, Majority Owners, Hermann's Jazz Club and View Street Social pub


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#39 Redd42

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Posted 25 July 2018 - 02:48 PM

Ah, the fun of family inheritances!


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#40 Cassidy

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Posted 25 July 2018 - 03:01 PM

This is simply the majority owners finally putting their foot down and insisting that the minority owner stop obfuscating the entire operation from them.

 

The minority owner doesn't want to do that ... so she bailed and called it a "hostile takeover".

 

It's not complicated, and it's not a "hostile takeover" when the majority owners decide to exercise their rights as .... well ........majority owners.



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