The name of the potential buyers has not been disclosed and it’s unclear what their plans for the club would be.
The negotiations come as Tipitina’s owner of 22 years, Roland Von Kurnatowski, faces a raft of lawsuits claiming he bilked investors and has skipped out on debts totaling at least $2.8 million.
Tipitina's is a music venue located at the corner of Napoleon Avenue and Tchoupitoulas Street in Uptown New Orleans, Louisiana, United States.
Local music enthusiasts opened the venue on January 14, 1977. The name was inspired by a well-known song, "Tipitina", by Professor Longhair who also performed there until his death in 1980. Before adopting use of "Tipitina's" as its name, the facility was known as "The 501 Club," in reference to its street address (501 Napoleon Avenue). Tipitina's stands as one of the best-known clubs in New Orleans. The building itself was constructed in 1912, and prior to becoming Tipitina's, it served as a gambling house, gymnasium, and brothel.
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