major restaurateurs walked through the space in advance of the bidding process that the city is undertaking to find a new operator. Well, sadly, none of them submitted bids, according to Diner's Journal. The big-names balked when the checked out the new plans for the place, which have been scaled down from the restaurant's heyday. Doubts about profitability were raised, since the new venue will have limited ability to host banquettes and weddings.
Donald Trump, who was one of the potential bidders, pretty much summed it up: “It is just too small a deal now, and nobody is going to go there." At least two organizations have put in for bids, including Legends Hospitality Management and the Philly operators behind Beau Monde. Looks like we're a ways out from seeing what kind of grub is going to be available in this space.