Spotted Pig shuts down following sexual harassment settlement

Deal with AG’s office included a share of the restaurant’s future profits

New York /
Jan.January 28, 2020 09:00 AM
Ken Friedman (inset) and the Spotted Pig at 314 West 11th Street (Credit: Google Maps, Getty Images)

Ken Friedman (inset) and the Spotted Pig at 314 West 11th Street (Credit: Google Maps, Getty Images)

Iconic gastro pub the Spotted Pig is no longer in business. The closure comes less than a month after owner Ken Friedman agreed to settle sexual harassment claims with the New York state attorney general — in a deal that included a share of the restaurant’s future profits.

While it is unclear how the restaurant’s closing will impact the profit-sharing arrangement, the 11 former employees involved in the settlement will still be entitled to a lump payment of $240,000 from Friedman, the New York Times reported.

The West Village establishment, opened by Friedman and longtime business partner April Bloomfield in 2004, served its last meal Sunday night. The restaurant occupied all three floors at 314 West 11th Street, which is owned by a partnership that includes Jay-Z and Bono.

In 2017, Friedman was accused by at least 10 women of various “unwanted sexual advances,” which included groping, forcible kissing and requests for nude photos, and he split with Bloomfield soon after.

“For over two years I have done everything possible to keep the Spotted Pig open,” Friedman said in a statement Monday. “I’ve been working to try to raise funds or sell my shares, in order to save the business, to continue to support our great employees — many of whom have been with us for over a decade — so they could keep their jobs and health benefits.”

He added that 78 full- and part-time employees had been out of work by the closing, though some had been able find new work with his help.

The profit sharing agreement envisioned Friendman paying 20 percent of future profits to the plaintiffs for the next ten years, and was offered as an alternative to a larger lump sum payment after Friedman claimed financial difficulties. [NYT] — Kevin Sun


Related Articles

arrow_forward_ios
Downtown pols call for limits on permanent outdoor dining
Downtown pols call for limits on permanent outdoor dining
Downtown pols call for limits on permanent outdoor dining
Outdoor dining in Times Square at Tony's Di Napoli (Getty)
Sidewalk space a hot commodity as city mulls permanent outdoor dining
Sidewalk space a hot commodity as city mulls permanent outdoor dining
Sweetgreen CEO Jonathan Neman and Spyce CEO Michael Farid (Getty, Spyce)
Sweetgreen buys robotic restaurant startup Spyce
Sweetgreen buys robotic restaurant startup Spyce
370,000 restaurant owners filed applications for relief, but less than one-third were approved before funding ran dry. (iStock)
Restaurants plead for more relief as Delta variant keeps diners away
Restaurants plead for more relief as Delta variant keeps diners away
To vax or not to vax: group sues de Blasio over Key to NYC
To vax or not to vax: group sues de Blasio over Key to NYC
To vax or not to vax: group sues de Blasio over Key to NYC
Family feud for $11M Lundy’s restaurant building boils over
Family feud for $11M Lundy’s restaurant building boils over
Family feud for $11M Lundy’s restaurant building boils over
The pandemic ravaged restaurants and bars as they were unable to operate at full capacity for months. (iStock)
Restaurant aid runs dry, leaving most applicants with nothing
Restaurant aid runs dry, leaving most applicants with nothing
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
arrow_forward_ios

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

Loading...