Bivona, owner of the brand’s licensing firm, reveals ideas for bringing back the bankrupt restaurant
Louis Bivona, the owner of Tavern on the Green’s charity-based licensing firm, said Friday he is exploring the possibility of chaining the iconic Central Park, New York City-based restaurant. Bivona — who indicated that he also has other, more extensive plans for the brand — bid $1.3 million for certain intellectual-property rights to the shuttered Tavern, which has been in Chapter 7 bankruptcy since 2010. The rights are being sold to help pay off the restaurant’s ...
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Contact: Desiree Torres Desiree.Torres@penton.com