A colorful icon of East Austin's Cesar Chavez Street was demolished this week right before its owners' eyes. Crews tore down Jumpolin, the piñata and party rental store located at 1401 E. Cesar Chavez, reportedly without any warning.

Sergio Lejarazu, who co-owns Jumpolin with his wife, happened onto the scene of crews tearing down Jumpolin, reports Time Warner Cable. According to co-owner Monica Lejarazu, thousands of dollars worth of piñatas and other property was still in the building.

Monica asserts that she and her husband have two more years on the property's lease, and they were not alerted to any demolition plans. "I don’t know what happened because we don’t receive any information about the demolition," she said.

"Yesterday morning, my wife, daughter and I woke up to see our business demolished without any notice," Sergio posted to the Jumpolin Facebook page Friday morning. "All our [properties] were demolished together with the building. Even more [surprising] was that the people demolishing our business was also giving away our merchandise. I cannot explain how devastating this is for us."

While the Lejarazus may not have been alerted to the decision, city officials say the building's owner had proper permits for the demolition.

CultureMap will report more details on the situation as they become available.