Aside from the fact that I would expect this ownership group could have kept it afloat longer, I can’t say I’m shocked based on my experiences there:
I went one more time after the linked post after they rebranded the downstairs as an oyster bar. I think it was the right idea, but unfortunately rebranding is all they did. The drinks were still great, but the same Row 34 lite food at high prices. I discovered that more than one acquaintance in the area also felt Les Sablons was a poor value. It was telling there whenever we were scanning Open Table for a last minute reservation close by, they always had tables. It’s too bad, as if they had just opened a Row 34 / ICOB place it would have crushed it on this side of the river. Maybe it will reopen as such a place.