Make us your home page
Instagram

Hesses buy Patty and Friends Antique Mall in St. Petersburg

ST. PETERSBURG — Two longtime local retailers have bought another retail landmark. Jeffrey and Katrina Hess, owners of Old Northeast Jewelers and Hess Fine Art for 27 years, recently acquired the 33-year-old Patty and Friends Antique Mall.

"It's our plan to make Patty and Friends part of our family business and keep everything intact," said Jeffrey Hess. "We are keeping the name. It has such a long history, why should you argue with success?"

Other than upgrades in electricity and more advertising, he doesn't anticipate many changes in the business that houses about 70 independent vendors in two buildings at 1241 Dr. Martin Luther King Jr. St. N. The Hesses paid $380,000 for the 5,200 square feet of real estate and the business.

Monthly rental rates for vendor spaces will stay the same for at least the next six months.

"As we advertise more we will have to see how that goes," Hess said, adding that he doesn't anticipate an exodus of vendors. "There will be attrition and as people bow out we have a waiting list of fine dealers that want to get in. ... But we're not going to go there and turn over the apple cart."

They are planning a summer series of lectures as well as ongoing seminars and appraisal fairs.

The Hesses started their art and antique business at 1131 Fourth St. N 27 years ago and added the jewelry business a decade ago. In 2009 they opened a second Old Northeast Jewelers store at International Plaza in Tampa.

They were already looking for real estate investments on King Street before Patty and Friends went on the market in February.

Owner Blake Kennedy is selling the business his mom, Patty McBane, started so he can focus more on Kennedy Brothers Auctions with his twin brother, Brett.

"We like the funkiness of (King) Street and think it's a cool mixture of architecture. There's Spanish, colonial, Craftsman houses, you see Victorian houses," Hess said. "It was the perfect symbiotic deal to invest in real estate and Patty and Friends. We've dealt with Blake a long time and we really respect what they've built over there."

"We wouldn't have bought it if not for Blake and his mom," Katrina Hess added.

When McBane opened the business in 1980, it was a cutting-edge concept to put multiple antique dealers under one roof. She had seen a so-called antique mall in Nashville and decided to try it in Florida. At first, just 27 dealers paid her rent on their space in the store.

Her new idea stuck for 33 years. Now the vintage, but not yet antique, torch is passing.

Katherine Snow Smith can be contacted at kssmith@tampabay.com or (727) 893-8785.

Hesses buy Patty and Friends Antique Mall in St. Petersburg 05/20/13 [Last modified: Tuesday, May 21, 2013 12:46pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Starbucks to close all Teavana locations, including five in Tampa Bay

    Retail

    Local Teavana locations include Tyrone Square in St. Petersburg, International Plaza and Westfield Citrus Park in Tampa, Brandon and Clearwater.

    Starbucks announced Thursday plans to shut down all 379 Teavana stores, citing "underperformance." Starbucks acquired the mall-based tea chain for $620 million in 2012. [ CANDICE CHOI | AP file photo]
  2. Trigaux: Closing Iron Yard coding school hits area tech hard but leaders talk of options

    Business

    The coming shutdown this fall of the Iron Yard software coding school in downtown St. Petersburg — announced this month as part of a national closing of all 15 Iron Yard locations — remains a shocking event to a Tampa Bay technology community that dreams big of becoming a major player in the Southeast if not …

    In better days last fall, friends and family of graduates at The Iron Yard, based in the Station House in downtown St. Petersburg, applaud during "Demo Day" when grads of the coding school show off their skills. Despite the local success and strong job placement by the coding school, The Iron Yard is closing all of its 15 locations across the country this summer. [LARA CERRI   |   Times]
  3. U.S. economy gathers steam in second quarter

    Business

    WASHINGTON — The U.S. economy revved up this spring after a weak start to the year, fueled by strong consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.

    A government report released Friday showed economic output picked up in the second quarter. 
[Associated Press file photo]
  4. Founder of Tampa home sharing platform questions Airbnb, NAACP partnership

    Business

    TAMPA — A Tampa rival to Airbnb, which was launched because of discrimination complaints on the dominant home sharing platform, has concerns about the new partnership between Airbnb and NAACP announced this week.

    Rohan Gilkes poses for a portrait at his home and business headquarters in Tampa. 

Innclusive, a Tampa-based start-up, is a home-sharing platform that focuses on providing a positive traveling experience for minorities. [CHARLIE KAIJO | Times]
  5. Appointments at Port Tampa Bay and Tampa General Medical Group highlight this week's Tampa Bay business Movers & Shakers

    Business

    Government

    Port Tampa Bay announced that Jamal Sowell has been named director of special projects. Sowell, a former member of the U.S.Marine Corps, will support internal, external and special projects, assist the executive team with management oversight and serve as a liaison on a variety of port …

    Port Tampa Bay announced this week that Jamal Sowell has been named director of special projects. [Handout photo]