NEW YORK Citing the recession and a lease dispute, the Cipriani family, which has managed the famed Rainbow Room for the past 10 years, will temporarily shut down operations at the establishmentâ€™s Rainbow Grill restaurant on Jan. 12. According to Cipriani spokesman Ben Branham, only the bar, banquet hall and ballroom will remain open for business. About 40 employees are expected to lose their jobs as a result of the closing.The New York Daily News reported that Tishman Speyer, the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!