Items from Dante's Down the Hatch, the Atlanta restaurant and night club, will be auctioned Sept. 21 Items and equipment from Dante’s Down the Hatch – the iconic Atlanta restaurant and nightclub that stood for more than 30 years in the fashionable Buckhead section of town – will be sold on Sept. 21st
vintage automobiles from another consignor (not part of Dante's) have also been added to the sale. They are a 1958 MGA 1500, bright red with wire wheels and black interior, fully restored with a rebuilt motor and transmission; and a 1949 Cadillac Series 62 maroon red four-door sedan, fully restored with a rebuilt engine, in excellent running condition.
Dante’s Down the Hatch was a huge success story in an industry where more than 30 percent of restaurants fail within their first year. That success can be attributed in large measure to Dante himself, who was part restaurateur, part raconteur and completely hands-on when it came to his clientele and staff (nearly all of whom returned to work for him after a fire in 2001).
Stephensen is still as charismatic and energetic as ever, but it was the tax man who eventually became his undoing. His property taxes amount to $98,000 per year, mainly because the restaurant and night club are on a choice 1.9-acre tract of property in Buckhead, across from Lenox Mall and near a score of upscale hotels and other trendy eateries. He just couldn’t pay it.
“I’m being taxed like a 40-story building,” he was quoted as saying, a rate of more than $74 per square foot. When Atlantic Realty Partners came along with a bid to buy the land from Stephenson, to knock down Dante’s and put up a 10-story luxury apartment tower in its place, he couldn’t turn it down. But he hasn’t ruled out re-opening Dante’s somewhere else in Atlanta.
Ahlers & Ogletree, Inc., is a multi-faceted, family-owned business that spans the antiques, estate sale, wholesale, liquidation, auction and related industries. The firm is always accepting quality consignments for future auctions. To consign an item, an estate or a collection, you may call them at (404) 869-2478; or, you can send them an e-mail at firstname.lastname@example.org.
To learn more about Ahlers & Ogletree, Inc., and the upcoming Sept. 21 on-site liquidation of Dante’s Down the Hatch in Atlanta, please log on to www.AandOauctions.com.