BREAKING NEWS

At The End Of The Rainbow Room?

Jan. 12 2009, Published 12:43 p.m. ET

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The managers of the iconic NYC restaurant (and view extraordinaire) The Rainbow Room haven't paid the rent.

Tishman Speyer Properties, the landlords of the 64th and 65th floors of 30 Rockefeller Plaza, have been forced to end the lease due to excessively overdue back rent.

"Unfortunately, we are dealing with an uncompassionate and greedy landlord who has not made any efforts to resolve our differences in a reasonable manner," a manager of the failing restaurant told press.

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A Tishman Speyer spokesman said the firm wanted to find a new restaurant to take over.

"The Rainbow Room is one of our city's great institutions, and we will immediately begin the process of finding another great restaurateur to operate the space in the first-class manner that New Yorkers and visitors deserve."

Ironically, The Rainbow Room opened its doors in the middle of the Great Depression in 1934.

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