Tavern on the Green auction raises $3.5 million
A court-ordered auction of the glitzy decor of Manhattan's Tavern on the Green has raised millions of dollars to go toward the bankrupt restaurant's $8-million debt.
The three-day sale that ended Friday included more than 20,000 items filling the landmark establishment in Central Park - from crystal chandeliers and china to kitchen equipment and knickknacks such as a pig-shaped weather vane.
The auction brought in about $3.5 million - far short of the $8 million owed to more than 400 creditors. The highest bid - $180,000 - was for a Tiffany glass ceiling used in other restaurants once owned by the late Tavern operator Warner LeRoy, the Russian Tea Room and Maxwell's Plum. The restaurant's most valuable item - its name - is now at the center of a Manhattan federal court case. - AP
Inside look at NUMC's aging infrastructure President and CEO of Nassau University Medical Center Thomas Stokes explains the problems caused by the aging infrastructure within the hospital. Newsday Associate Editor Joye Brown reports.
Inside look at NUMC's aging infrastructure President and CEO of Nassau University Medical Center Thomas Stokes explains the problems caused by the aging infrastructure within the hospital. Newsday Associate Editor Joye Brown reports.
