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Tavern on the Green in the Red, Files for Bankruptcy
By
John Del Signore
Published Sep 10, 2009
Modified Sep 10, 2009
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By
John Del Signore
Published Sep 10, 2009
Modified Sep 10, 2009
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Just days after failing to win the right to continue running a mediocre overpriced tourist trap in a 19th century Central Park sheepfold, Tavern on the Green is filing for Chapter 11 bankruptcy. CEO Jennifer Oz LeRoy tells the Times it's "our only alternative given the current situation." In four months, Central Park Boathouse owner Dean Poll will take over the location, and in the meantime Tavern will attempt to burn appease some 20 creditors, such as the New York Hotel Trades Council, which is owed $1,778,764. Tavern also owes the Parks Department—which declined to renew its lease—$76,923, and one imagines LeRoy's gonna love shrugging off that one. Meanwhile, the dining industry paroxysm is even hammering celebs like Mario Batali—the Crocs-wearing chef was a partner in the far-out seafood restaurant The John Dory, which just went belly up after nine months. The landlord is now suing Batali for $75,000 back rent. Oh, and Café des Artistes, the Lincoln Square restaurant that just closed after 90-plus years, is also jumping on the bankruptcy bandwagon. Expected to be screwed in that filing are the restaurant's employees, who are owed $116,471 in benefits through their union.
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bankruptcy
cafe des artistes
central park
leroy
mario batali
tavern on the green
John Del Signore
Originally from the Albany area, John Del Signore has called NYC home since 1995. In addition to his thousands of meticulously-crafted bespoke blog posts for Gothamist, his writing has also been published in The Awl, Deadspin, The Nervous Breakdown, and performed at The Brick Theater in Brooklyn.
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