That wouldn’t seem to be a problem here.
Sherry-Lehman right now:
What I was wondering is…
…I have an option on the lease for six more years.
I was wondering if there’s any way I could lay that off.
Is the lease worth anything?
Eighty-nine hundred a month. It’s…
The fixtures are gone, but there’s…
But there’s the bar, there’s a kitchen, it’s a great space.
But there’s a…
Yeah, I understand. Mm-hm.
No, I understand.
The number one asset they had was the name; they managed to devalue that in short order and very publicly.
ME too, them and Zachy’s.
What’s ME?
The Royal ME
This.
Sorry, was thinking that was some other high end retailer!
Nah, just a high-maintenance lawyer…
I believe that it is the Royal MEME!!, you just forgot to add the ME.
I walked in a few weeks ago, the only Burgundy they had on display was current release Jadot Beaujolais-Village. That on top of articles like this makes me wary of placing future orders with them.
Read the Wine Spectator article. They don’t even have an active license right now.
Oh no
Yeah, this ain’t good y’all
Any one try and stop by the store in the last week? No new news on this.
On Tues. the store was dark and closed…no sign about the closing…window displays were intact
Their website is still live, and Google still lists store hours.
I drove up Park Ave last night, lights on and someone inside at about 9:30 (well after their normal closing).
Perhaps the Spirit of Undelivered 2015 Canon? Doomed to walk the UES until laid to rest in its rightful rack slot?
Dan Posner posted on FB that their license was renewed earlier this week.
Still nothing being published about what is going on.
What’s curious is that we know they owe $2.7million-ish to the state in taxes, but I’m curious what they the various wholesalers (or overseas suppliers too)
The store will reopen next week