Its Official! We have signed a new 8 year lease. We look forward to seeing our loyal friends and customers for many years. Thank you so much for all your support.
The iconic, family-run businesses on the boardwalk in Coney Island feared they would shut forever when the season finished this week. But it seems the developers looking to revamp one of New York's old entertainment sites might have to give the businesses there another summer, at least.
Amusement Central International, which runs the Luna Park and the boardwalk, is now renegotiating leases after the company it chose to run the proposed modern franchises on the boardwalk unexpectedly pulled out. The poor economy has been blamed.
The oldest diner on the boardwalk, Ruby's Grill, which has been serving customers since the 1930s, may well survive as long as it pledges to refurbish its premises..........
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If you can get out to the Coney Island Boardwalk in the next hour or two (it’s 3:30 now), you can bid on an authentic chair from Ruby’s Bar and Grill! Chairs and tables along with a slew of old restaurant equipment is piled up in front of the venerable Boardwalk establishment, waiting to be sold to the highest bidder. The bar is also open for business in case this news makes you want to have a drink.
Oh, and if you missed Sunday’s “last call,” you actually did............Cha Cha’s, the Coney Island institution that rivaled Ruby’s Olde Time Bar in honky-tonk feel on the Boardwalk is selling itself — to the highest bidder.
The popular summertime watering hole — and four other Coney Island Boardwalk businesses whose leases are set to expire today are putting their equipment, fixtures and, memorabilia up auction at 2 pm on the Boardwalk between Stillwell Avenue and W. 12th Street.
An ad for the sale promised a panoply of carny goods, from neon signs and bar stools to a ice cream-makers, ship............................
Coney Boardwalk Oct 2011 Dusk Diana Taft Shumate
“Ruby’s is in negotiations to come back, but right now it’s a coin toss,” said a source close to the negotiations, who asked remain anonymous.
The bars are being asked to spend several hundred thousand dollars on renovations, including hardwood floors and a fleet of flat-screen TVs — a move that would rip the rag-tag carney atmosphere out of places like the 77-year-old Ruby’s, which is beloved by the Coney faithful for its aging decor and honky-tonk feel."
Read Full Article: http://www.brooklynpaper.com/stories/34/43/bn_boardwalkbizdeal_2011_10_28_bk.html
