This Week: NY Waterway in Financial Hot Water, High Line Park Readies for June Opening

The High Line's public park
The High Line's public park
Rendering: Courtesy of Diller, Scofidio & Renfro/Courtesy of the City of New York
  • NY Waterway is facing financial troubles and, if a public agency doesn't take over, could file for bankruptcy. [Crain's]
  • The New York Post's Steve Cuozzo has some advice for the owners of the Rainbow Room: Make the iconic room a popular place for the public, but "no one would raise a peep if every square inch of the private party rooms were turned into closets." [NYP]
  • To support increased development of Governors Island and Brooklyn Bridge Park, Mayor Bloomberg wants to take funds from the plans to expand the Javits Center. [NYO]
  • The park on the High Line is on track for a June opening; the second section of the public green area will open in spring 2010. [NYP]
  • Anxiety over the stability of the restaurant industry continues to plague restaurateurs and chefs, who say business is down and more than 100,000 jobs across the country have been cut. [NYT]
  • Potential bidders for Tavern on the Green—including Capitale's Seth Greenberg, Smith & Wollensky's Alan Stillman, and Dean Poll from the Boathouse in Central Park—gathered on Thursday morning. [NYO]
  • Following a $100 million renovation, the Pierre will reopen June 1 with a new restaurant, a new lobby-level lounge, and updated guest rooms. [amNY]
  • Graydon Carter's remake of Monkey Bar will open soon. [NYP]
  • Frank Bruni weighs in on the new location of Kefi, claiming chef Michael Psilakis offers "messy, obvious cooking, wholly unlike his work at Anthos," but also provides a "levelheaded, vanity-purged response to the current economy and diners' appetites for comforting, affordable food." [NYT]
  • Adam Platt files a one-star review of Braeburn, a restaurant where everything "seems calculated to induce a sense of almost somnolent calm." [NYMag]
  • According to Jay Cheshes, the Patina Restaurant Group's La Fonda Del Sol has "a solid stream of commuter suits funneling toward the bar after work" and a chef with a "fine palate," but an inconsistent menu. [TONY]
  • Bloomberg's Ryan Sutton echoes that assessment, explaining that the dining room menu is not offered in the front bar area, where the "manly prime rib would pair well with a Yankee game on the flat screens." [Bloomberg]
  • Danyelle Freeman prefers the new location of Casa La Femme best, asserting that the decor—including limestone fireplaces and a carved bar—and the belly dancers "make the food taste a little better." [NYDN]
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