Tahoe Tidbits: Cork & More changing hands, Postmarc Hotel to expand

The popular and long-time South Lake Tahoe business, the Cork & More, has sold. After almost 40 years of supplying wine, cheese, gifts and deli options to an adoring public, owners Jim and Kim Warlow have decided to retire. They were originally planning to close last Fall, but when potential buyers started to look into purchasing the store on Al Tahoe Blvd., the Warlows decided to hold off closure.

Escrow is expected to close around July 1 Jim said. After that, he's looking forward to enjoying Lake Tahoe's year round recreation from the slopes to the bike trails.

New owners are Karla and Jeffrey Brennan, long time visitors to the South Shore who have decided to call the community "home". They applied for their beer and wine liquor license in May.

The Postmarc Hotel on Highway 50, once home to the Fantasy Inn, has offered to purchase the adjacent lots on Osgood Road and Highway 50 from the City of South Lake Tahoe. During Tuesday's City Council meeting the sale will be voted on during the consent agenda, and if approved, the Postmarc will expand and add another 60 suites on the 22,500 square foot lot.

In 2011, the California Tahoe Conservancy (CTC) bought the old gas station that was built on that lot in 2011 for $375,000 and it was then transferred to the City for a future project area and the station was demolished. Postmarc has offered $291,015 for the two lots as the value has been decreased due to the City's banking the Commercial Floor Area that was associated with the gas station, and the CTC's keeping 1,220 feet of coverage.

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