Elad sues Oak Room owners for $33M

New York /
May.May 02, 2011 09:29 AM

Plaza Hotel landlord Elad Properties has filed a $33.3 million lawsuit against the owners of its famed Oak Room and Bar, decrying its recent lack of class. According to the Post, owners Jeffrey and Eli Gindi have allowed the reputation of the legendary eatery to falter, hosting regular Burlesque shows and encouraging “raucous and/or vulgar” behavior, loud music, and illegal drug use, in addition to failing a city health inspection and garnering less-than-stellar restaurant reviews, the suit alleges. The Oak Room underwent a renovation in 2008 that was supposed to turn in into a “premier, upscale, white-tablecloth” venue that should have earned above a 70 rating in Zagat’s annual survey, according to the complaint, which was filed in Manhattan Supreme Court last week. The Oak Room only earned a rating of 67. According to Robert Lynn, an attorney representing the Gindis, the lawsuit comes amid a legal dispute between the two parties over rent, and said there has been no drug use or otherwise uncouth goings-on at the Oak Room. “Probably the owners of The Plaza would do better regulating who goes into their hotel rooms,” Lynn said, apparently referring to a certain tiger-blooded guest. “They really are reaching to find a breach of the lease.” Meanwhile, the Gindi family, which owns discount retailer Century 21, is also having trouble keeping up with mortgage payments at the Bryant Park Hotel, it was reported today. [Post]


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Chicago Bulls’ DeRozan buys mansion from Michael Jordan’s ex-wife at discounted $4.5M
Chicago Bulls’ DeRozan buys mansion from Michael Jordan’s ex-wife at discounted $4.5M
Chicago Bulls’ DeRozan buys mansion from Michael Jordan’s ex-wife at discounted $4.5M
Rendering of the Peconic Bay Vineyard in Cutchogue with Stefan Soloviev (Wikipedia, Glen & Company Architecture)
Ex of Sheldon Solow’s son has North Fork development dreams
Ex of Sheldon Solow’s son has North Fork development dreams
91 Sergio Franchi Drive and Sergio Franchi (Sotheby's, Getty)
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Offset and Cardi B with the Dominican Republic mansion (Getty, Airbnb, Celebrity Brokers Antonio Khoury and Brandi Hunter)
Offset buys Cardi B a hilltop mansion in the Dominican Republic for her birthday
Offset buys Cardi B a hilltop mansion in the Dominican Republic for her birthday
Kanye West looks to sell sprawling Wyoming ranch
Kanye West looks to sell sprawling Wyoming ranch
Kanye West looks to sell sprawling Wyoming ranch
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...