What’s going on in nightlife in Miami from a general perspective?
Nightlife in Miami is at a major crossroads, and bottle service is obviously dead. It was uncool two years ago. It was a means to be able to gain access and purchase real estate that nobody else was able to buy. But 2009 is the year of the bartender. That guy who used to go out and spend $2,000 on a table is still going out, but now he’s spending $200 at the bar. Places that have great bartenders and great cocktails are places that are not going to see a real dip in sales at the bar. Happy or sad people always like to drink; that’s one thing that always needs to be remembered. The juice in that bottle, that stuff is liquid gold. Go down to Wall Street now, you look at the pubs around Wall Street, and they’re absolutely packed. Those guys are having rough times, but it doesn’t mean that they can’t afford a couple beers at the end of their day.
