Oak Tavern and 24K both closed

Nearly four years after transforming the Monarck into the Oak Tavern, Lotus Concepts' Francois Safieddine has closed the venue and his 24K club upstairs last weekend. Paulina Szafranski, president of marketing for Lotus, says that Safieddine, who owns the building at 1416 Market Street, doesn't have any plans for the...

By Jon Solomon

June 14, 2013

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Nearly four years after transforming the Monarck into the Oak Tavern, Lotus Concepts' Francois Safieddine has closed the venue and his 24K club upstairs last weekend. Paulina Szafranski, president of marketing for Lotus, says that Safieddine, who owns the building at 1416 Market Street, doesn't have any plans for the space at this time. "We have our hands full with View House, Suite Two Hundred and Chloe," Szafranski says. "So I think it was a logical move just to kind of let it run its course."

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