Tavern on the Green files for bankruptcy

Despite consistently ranking as one of the highest-grossing restaurants, Tavern on the Green, the iconic Midtown restaurant, has filed for Chapter 11. Jennifer LeRoy, the restaurant’s current license holder, said the poor economic climate and the city’s decision to not renew her license motivated the decision. Tavern on the Green is set to receive a new operator, Dean Poll, who manages the Central Park Boathouse — another institution fraught with financial misfortune — Dec. 31.