New York City's Tavern on the Green restaurant is closing after New Year's Eve and is holding an auction on January 13th and January 14th of 2010. The auction will include crystal chandeliers, Tiffany stained glass murals, topiaries, linens, furniture, glassware, silverware, sculptures and other exquisite designer decor from the landmark restaurant.http://ny1.com/5-manhattan-news-content/top_stories/111227/tavern-on-the-green-prepares-to-serve-its-last-meal

The owners of the Tavern on the Green filed for bankruptcy and hope the proceeds will help to pay off creditors. The new owner, Dean Poll will take the reigns in January 2010. If there is a delay with the renovations that he plans on doing, the restaurant my be closed for as long as two years under the new ownership.http://www.huffingtonpost.com/2009/12/09/tavern-on-the-green-prepa_n_385806.html

Central Park's Tavern on the Green was built in 1870 and was designed to hold sheep. The sheep in Central Park were then moved elsewhere and the structure became a restaurant in 1934.http://www.tavernonthegreen.com/history.asp?headinfo=abouttavern&subhead=history It was bought by the LeRoy family in the mid-1970s. The owners were forced to file for bankruptcy in September 2009. The restaurant will be in operation until December 31, 2009. The new owner, Dean Poll, plans to install new kitchens and renovate the restaurant.http://www.nydailynews.com/real_estate/2009/09/10/2009-09-10_iconic_central_park_eatery_tavern_on_the_green_files_for_bankruptcy.html