NYC's Famous Tavern On The Green Closing Doors on New Year´s Eve

Famous restaurant Tavern on the Green is closing doors on New Year´s Eve. After many decades of serving, it has to close, due to $8 million in debt. For me, these kind of things are a barometer of the current economy, and this one is no exception. According to the Associated Press article, "The former sheepfold at the edge of Central Park, now ringed by twinkling lights and fake topiary animals, is preparing for New Year's Eve, when it will serve its last meal. Just three years ago, it was plating more than 700,000 meals annually, bringing in more than $38 million. But that astronomical sum wasn't enough to keep the landmark restaurant out of bankruptcy court. Its $8 million debt is to be covered at an auction of Baccarat and Waterford chandeliers, Tiffany stained glass, a mural depicting Central Park and other over-the-top decor that has bewitched visitors for decades."

Also continued, "for 75 years, since it first opened amid the Great Depression, the Tavern has attracted clients from around the world." It is really a sad day for the legendary restaurant. Read the original article HERE.

Go see the video.