Central Park’s landmark lakeside marriage ceremony venue, rowboat rental launch and restaurant the Loeb Boathouse will shutter this fall.
In a discover filed with the New York State Division of Labor this month, proprietor Dean J. Ballot formalized his plans to completely shut the institution “as a consequence of rising labor and prices of products.” All 163 staff might be laid off, and the enterprise will shutter on Oct. 16.
“We’re really in good religion negotiations with the Parks Division to see what we will do to get by way of this,” Ballot advised The Submit with regard to securing a brand new proprietor for the long-lasting hang-out, which was constructed beneath the auspices of Robert Moses and opened to the general public in 1954.
“However,” he added of the chance a brand new proprietor is not going to be discovered, “perhaps not.”
He additional cited elevated labor and insurance coverage prices because the predominant financial hardship the enterprise confronted. Not too long ago, these proved an excessive amount of to beat, regardless of the eatery’s constant recognition.
“COVID has nothing to do with something. The quantity was there,” Ballot — who took over the restaurant in 2000 — advised Patch. “However the bills simply eat away at it.”
A further expense got here from the truth that, in 2017, Ballot signed a 15-year settlement with the town requiring him to both pay 7.2% of gross receipts or an roughly $1.7 million price, Crain’s reported.
“It’s our intention to have interaction a future operator as quickly as doable,” Parks spokesperson Crystal Howard advised The Submit, including that the town is doing its greatest to assist these with present future reservations on the area. “We’re working in good religion with the present operator in an effort to accommodate these people who’ve an occasion already scheduled on the Boathouse.”
Regardless of its involvement, Parks isn’t concerned in negotiations between the boathouse operator and its employees, who’re represented by a union.
The announcement of the everlasting closure follows the Boathouse’s current reopening after shuttering in the course of the COVID-19 pandemic. It additionally closed for 3 months in 2018, when it underwent a $2.9 million renovation.
“It was drained after 18 years,” Ballot advised The Submit on the time.
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