185-year-old New York restaurant Delmonico faces eviction

After more than 18 decades of feeding the people of Manhattan, iconic New York restaurant Delmonico’s is facing eviction. The owner of...


After more than 18 decades of feeding the people of Manhattan, iconic New York restaurant Delmonico’s is facing eviction.

The owner of the Financial District restaurant says the steakhouse at 56 Beaver St. owes nearly $300,000 in unpaid rent and various other fees and earlier this year served the restaurant with an eviction notice, First reported eater.

Representatives of the restaurant – which has been closed for the duration of the pandemic – say, however, that there are no grounds for eviction and that the payment of rent is legally withheld in response to the owner’s failure to carry out the necessary repairs.

The building, according to Delmonico’s ownership, was badly damaged in last September’s Hurricane Ida, and the New York institution isn’t paying until it’s repaired.

“Our choice to exercise our tenant rights and withhold rent came months after we initially raised the flooding issue with our landlord. We would like to point out that we have honored all of our lease obligations, paying 100% of our rent every month even while closed during COVID. We were disappointed that our landlord decided to go this route,” the Delmonico landlord told the Post in a statement. “We remain hopeful that we can reach a positive resolution. with our owner, Time Equities, and remain committed to moving forward with our exciting renovation.We want nothing more than to welcome our Delmonico family back.

At the end of January, the owner Time Equities served the 185 Year Monument in Lower Manhattan with an eviction notice – although the notice was 14 days, subsequent legal proceedings regarding its validity delayed it.

This month, a judge temporarily imposed a restraining order preventing the owner from evicting Delmonico’s, which has been selling boneless rib eye from the same triangular corner of town since 1837.

Time Equities says it has “taken all necessary steps to coordinate with Delmonico on this matter, despite the fact that they have not paid rent for seven months,” said the company’s CEO and chairman, Francis Greenburger, to Eater in a statement. “We worked closely with our engineer and the city to repair the downtown water damage caused by Hurricane Ida, which was communicated to the tenant. We hope we can find a solution with Delmonico and repair the conflict.

A view of Delmonico's on March 05, 2021 in New York City.
Landlord Time Equities served an eviction notice on the 185-year-old Manhattan landmark in January.
Roy Rochlin/Getty Images
Delmonico restaurant in the 19th century.
The restaurant has existed in its current location since 1837.
Corbis via Getty Images

Time Equities did not return the Post’s request for additional comment.

In addition to its ongoing rent dispute, Delmonico’s was also recently embroiled in a separate legal battle between four alleged landlords. That was resolved in the spring of 2021, when a court ruled that brothers Ferdo and Omer Grgurev fully own the restaurant, Eater reported last year.

After winning the lawsuit, the Grgurevs promised to reopen the restaurant by the end of 2021, but it remained closed.

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Newsrust - US Top News: 185-year-old New York restaurant Delmonico faces eviction
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