Table Talk

October 2006

Missed Saigon

The Drake meets the little restaurant that wouldn’t By Steven Dam

Growing pains: Jeff Strober hopes to expand his Drake Hotel Growing pains: Jeff Strober hopes to expand his Drake Hotel
Image credit: Ben Flock

Since Jeff Stober, the Drake Hotel’s owner, opened his Queen West West hangout in 2004, his holding company, Flophousechic Investments Ltd., has been buying the rest of the block one building at a time. But Rose Vuong, owner of the Saigon Flower, a Vietnamese/ Chinese restaurant four doors east, isn’t biting. “I’ve been here for 20 years,” says Vuong. “I don’t want to sell, you know?” The offi cial word from Stober’s camp is that they haven’t formally put in an offer; he recently said he’s not interested in Vuong’s space. But when Stober paid $750,000 last January for the building housing watering hole Lot 16—he now owns fi ve properties on the block—a real estate agent came to visit, Vuong says. “The agent said, ‘Next door they got $750,000’ and it would mean that I would get that.” (Stober responds that the agent spoke to Vuong on his own initiative.) “We obviously have an eye to continuing the Drake’s expansion,” says Stober. “Eventually we’ll need more art installation space. We need expanded venues. We desperately need more hotel rooms.” But the Monopoly Man may have met his match in Vuong. “My kids say that he’s up against the Great Wall of China,” she says.


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