The 185-year-old New York eatery Delmonico is threatened with eviction

After more than 18 decades of feeding Manhattanites, legendary New York eatery Delmonico’s is facing eviction.

The Financial District restaurant’s landlord claims that the 56 Beaver St. steakhouse owes nearly $300,000 in unpaid rent and various other fees, and served an eviction notice on the restaurant earlier this year. Esser got in touch first.

But officials at the restaurant, which has been closed throughout the pandemic, claim there is no reason for an eviction and rent payment is being withheld by law in response to the landlord’s failure to make necessary repairs.

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

“Our decision to exercise our tenant rights and withhold rent came months after we originally raised the flooding issue with our landlord. We would like to emphasize that we have met all of our rental commitments and are paying 100% of our rent each month even though we are closed during COVID. We were disappointed that our landlord decided to pursue this course,” Delmonico’s owner said in a statement to The Post. “We remain hopeful of finding a positive solution with our landlord, Time Equities, and remain committed to moving forward with our exciting renovation. We want nothing more than to welcome back our Delmonico’s family.”

In late January, landlord Time Equities served the 185-year-old Lower Manhattan landmark with an eviction notice — although the notice was valid for 14 days, it was delayed by subsequent court proceedings over its validity.

This month, a judge temporarily imposed an injunction preventing the landlord from evicting Delmonico’s, which has been hurling boneless rib-eyes out of the same triangular corner of town since 1837.

Time Equities claims it has “taken all steps to coordinate with Delmonico on this matter, despite the fact that they have not paid rent for seven months,” the company’s CEO and chairman, Francis Greenburger, told 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 that we can find a solution with Delmonico and settle the conflict.”

Eviction notice for the Delmonicos financial district
The restaurant has existed at its current location since 1837.
Corbis via Getty Images

Time Equities did not respond to the Post’s request for further comment.

In addition to its ongoing rent dispute, Delmonico’s was also recently embroiled in a separate lawsuit between four alleged owners. That was settled in spring 2021 when a court ruled that brothers Ferdo and Omer Grgurev have full ownership of the restaurant, Eater reported last year.

After winning the legal battle, the Grgurevs promised to reopen the restaurant by the end of 2021, but it remained closed. The 185-year-old New York eatery Delmonico is threatened with eviction


USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button