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Pike Street Cafe closes;
building in foreclosure


Comment at Facebook Covington USA page >

Pike Street Cafe suddenly closed last week after the owner says she was forced out of her leased storefront after the building went into foreclosure.

"We are very sad to announce that due to the foreclosure of the space that we lease, we were forced to close the cafe.



"Our attempts to work directly with the bank to continue operations were unsuccessful," wrote Carol Baker on Facebook.

The closing comes as a blow to people who had been hoping that the little cafe would be the beginning of a renaissance for struggling Pike Street, but it's not to be.

Baker actually put some of the blame on the Almighty, and not the city for its restrictive zoning in the area.

"God is in control of our lives, so we must walk where he wants us to walk," she wrote.

A Google search found that the property is owned by "Market Street Properties LLC." Pike Street Cafe leased the storefront facing Pike Street.

Google searches found that the building was controlled by developer Jeff Snyder, who's Market Street Properties LLC has received numerous tax breaks and incentives within the city of Covington.

In 2003, Market Street Properties LLC received approval for a $150,000 loan from Covington to convert the former Fifth District School into 16 loft-style apartments. Snyder's company also rehabbed property at 806 and 808 Madison Ave.

Link: Pike Street Cafe at Facebook

SOURCES: Pike Street Cafe at Facebook, Kenton County property records, Kenton County foreclosures listings, City of Covington website, Google referrals









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