Some Things Just Probably Shouldn’t Be
$500,000-a-month rent? “Frivolous” seems like the wrong word here:
Posted: January 10th, 2009 | Filed under: Well, What Did You Expect?, You're Kidding, Right?It could be the last call for anything at the storied Rainbow Room this weekend.
The ritzy watering hole, where generations of celebs from Frank Sinatra to Keith Richards have performed and partied, got an eviction notice Friday.
The Cipriani family announced last week that its restaurant operation at the Rainbow Grill would be suspended Monday due to the recession – but the bar would remain open and the dance floor would keep revolving.
But in canceling its lease with Cipriani, landlord Tishman Speyer Properties said there will be no more anything at the legendary nightspot as of Monday.
Tishman said it lowered the boom because the Rainbow Room was four months behind in $500,000-a-month rent.
Cipriani called the eviction notice a “frivolous” attempt by the owners to convert the Rainbow Room into more profitable office space and vowed to keep the iconic venue open until its lease expires in 2013.
