NY’s famed Tavern on the Green closes after 75 years; falls to Obama “recession”

New York’s celebrated Tavern on the Green, once America’s highest-grossing restaurant, is closing its doors.

The landmark restaurant located at the edge of Central Park, will serve its last meal tonight — New Year’s Eve. Just three years ago, it was plating more than 700,000 meals annually, and brought in receipts of more than $38 million. For 75 years, since it first opened amid the Great Depression, the 27,000 square foot Tavern has attracted clients from around the world, AP reports

However, it was unable to survive the Obama “recession,” and has filed for bankruptcy.

Its $8 million debt is to be covered at an auction of Baccarat and Waterford chandeliers, Tiffany stained glass, china, silver, crystal, a mural depicting Central Park and other decor that has bewitched visitors for decades. Even the restaurant’s legendary name is up for grabs.

Check out the wedding page photos for an idea of the grandeur that is coming to an end. Tavern on the Green has been the site of high-profile celebrity weddings and has been featured in Hollywood film weddings. They even shared their often-requested recipes — available here.

This sad economic spectacle is being repeated across the country. Seeing Red AZ has covered some of the closures of longtime establishments in the Valley here, here, here, here.

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3 Responses to NY’s famed Tavern on the Green closes after 75 years; falls to Obama “recession”

  1. AZ Conservative Guy says:

    Surviving through adversity, the worst economic depression and market ups and down for 75 years, but unable to withstand an Obama presidency…that says it all. God help the American people. I fear we are all on our way to emulating the Tavern on the Green.

  2. Doc says:

    AZ CG-“Each adversity is an opportunity for GREATNESS!!”-Doc, ’06…Say our Prayers, & have faith! We’ll get our collective “poop-n-a-group”, and come outta’ this mess stronger & wiser & BETTER!

    And those who aren’t true to themselves will be washed away…R.I.N.O.’s, fence riders, libocrats, & sociodems.

  3. Marianne says:

    As a college student, I attended one of the most elegant luncheons I’ve ever been to at this fabulous restaurant. It was a bridal shower for a sorority sister. I still remember it fondly these many years later. The end of this sensational place is very sad.