3/01/2013 04:20:00 PM

New Tavern On The Green Faces Cash Crunch

Is the new Tavern on the Green doomed before it even debuts? Today the NY Post reports that the operators hoping to open the eatery this Fall have had to raise more cash than they anticipated, thanks to a financial backer that hasn't ponied up as promised. Though the storied eatery is set to be scaled down, the city is investing $10 million to spruce up the surrounding grounds while the new operators are supposed to spend $10 million on the interior. We predict this will just be a slight hiccup in the reopening plan, but stay tuned for developments.

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