10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Gotham Restaurant owner files for Chapter 11 bankruptcy protection

  • Bret Thorn
  • 24 July 2024
  • 2 minute read
Total
0
Shares
0
0
0

This article was written by Restaurant Hospitality. Click here to read the original article

image

Gotham Restaurants LLC, operator of Gotham Restaurant, better known by its former name of Gotham Bar and Grill, filed for Chapter 11 bankruptcy protection in the Southern District of New York on Wednesday.

In the filing, the company listed its largest creditor as the New York State Department of Taxation Finance Bankruptcy/Special Procedures Section, which it owes nearly $484,000. It also owes tens of thousands of dollars to suppliers, the largest of which are Dairyland, which it owes nearly $97,000, and Baldor Specialty Foods, which it owes nearly $84,000. It also is indebted to credit card and utility companies and other service providers.

Related: Grilled cheese restaurant Melt Bar & Grilled files for bankruptcy

The 40-year-old restaurant, long a Manhattan fine-dining landmark, closed its doors in June as a result of what The New York Post called a cyberscam that cost it $45,000, which was enough to keep it from making payroll.

An outgoing phone message at the restaurant says it is closed for lunch and dinner service through August “to make a few improvements.”

Related: Portland ramen chain Boxer Ramen abruptly closes its locations after bankruptcy filing

The restaurant was opened in 1984 and Alfred Portale became executive chef and partner a year later. It soon became a fine-dining go-to in New York City, admired for, among other things, its dramatic presentations; Portale is credited for having invented “tall food,” in which many of a dish’s components were stacked on top of each other. It became a trend-forward style from the late ’80s through the turn of the century.

Caption by Hyatt Debuts in Downtown Nashville
Trending
Caption by Hyatt Debuts in Downtown Nashville

Over the years the restaurant attracted many young cooks who went on to become culinary stars in their own right, including Wylie Dufresne, Tom Colicchio, and Bill Telepan.

Portale parted ways with the other owners in 2019 (he currently operates Portale, an Italian restaurant eight blocks away) and was briefly replaced by Victoria Blamey, a culinary rising star at the time, whose innovation won her high praise, including a three-star review in the New York Times.

The restaurant closed during the COVID lockdown, reopening in 2021 with its longtime pastry chef, Ron Paprocki, taking the helm as executive chef as well.

The bankruptcy filing did not state whether the restaurant would remain in business but it did report assets of between $1 million and $10 million and said funds would be available to unsecured creditors.

Gotham Restaurants legal representation is Gabriel Del Virginia.

Contact Bret Thorn at [email protected] 

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Regulatory and Legal Affairs

Short-Term Restraint: Understanding the Effect of Federal Policy Changes on Lodging Demand 

  • Mark Lomanno
  • 18 July 2025
View Post
  • Regulatory and Legal Affairs

One Big Beautiful Bill Act – Key Tax Provisions

  • Automatic
  • 17 July 2025
View Post
  • Regulatory and Legal Affairs

Short-term rentals reshaping Europe’s tourism landscape

  • Automatic
  • 17 July 2025
View Post
  • Regulatory and Legal Affairs

Thoughtful Thursday – Building an Inclusive Future: Introducing the Accessibility Menu in SwiftBook

  • Nashi Dasgupta
  • 16 July 2025
View Post
  • Regulatory and Legal Affairs

Global Business Travel Industry Sentiment Continues to Reflect Ongoing Uncertainty and Change Amid U.S. Government Actions

  • Automatic
  • 16 July 2025
View Post
  • Regulatory and Legal Affairs

Glion awarded prestigious Swiss Federal Accreditation

  • Automatic
  • 16 July 2025
View Post
  • Regulatory and Legal Affairs

Majority of tech vendors say PMS fees are…

  • Travel Weekly Group Ltd
  • 16 July 2025
View Post
  • Regulatory and Legal Affairs

Google’s EU travel talks stall

  • Automatic
  • 16 July 2025
Sponsored Posts
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
Last Posts
  • From revenue manager to revenue strategist: how to make more hotel revenue
    • 21 July 2025
  • From Vulnerable to Vigilant: A Hotel Operator’s Guide to Water Leak Risk Management
    • 21 July 2025
  • Tribe Phuket Patong Welcomes Travellers with a Bold Design and Functionality
    • 21 July 2025
  • HVS Asia Pacific Hospitality Newsletter – Week Ending 18 July 2025
    • 21 July 2025
  • Winning Clients by Simplifying The Hotel Experience: How Convenience Drives Success
    • 21 July 2025
Sponsors
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.