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10-25-2012, 10:28 PM #1
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Iconic NY Steakhouse "Gallagher's", Which Survived The Great Depression, Is Closing
Iconic NY Steakhouse "Gallagher's", Which Survived The Great Depression, Is Closing
Submitted by Tyler Durden on 10/25/2012 15:38 -0400
The Department of Labor's WARN (Worker Adjustment and Retraining Notification) website may have been exempt from layoff notices related to the fiscal cliff, but it still provides a sufficiently (bleak) complete picture about the real nature of layoffs and business cycle in general in America's busiest city. Which is why it was precisely using the WARN website that we learned that one of New York's most historic steakhouses, "NY's Prime Steakhouse since 1927" Gallagher's, located on 52nd street, and which survive the great depression, is shutting down on January 16. Surely neither the surging price of meat, nor the ability of patrons to spend charge $46.95 for an 18 ounce sirloin, has had any impact on the decision to close this iconic restuarant which survived the Great Depression, but failed to survive Tim Geithner's "recovery".
From WARN:
Date of Notice: 10/23/2012
Control Number: 2012-0085
Rapid Response Specialist : Edwidge Michel
Reason Stated for Filing: Plant Closing
Company: Gallagher's New York Steakhouse, Inc.
228 West 52nd Street
New York, NY 10019
County: New York | WIB Name: NEW YORK CITY| Region: New York City
Contact: Angie Michalopoulos
Phone: (212) 245-5336
Business Type: Restaurant
Number Affected: 92
Total Employees: 92
Layoff Date: -----
Closing Date: 1/16/2013
Reason for Dislocation: Economic
ERNUM: -----
Union: UNITE HERE Local 100
Classification: Plant Closing
Iconic NY Steakhouse "Gallagher's", Which Survived The Great Depression, Is Closing | ZeroHedge
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