logo
Bryant Park Grill boss claims age discrimination over ouster for new eatery run by Jean-Georges Vongerichten

Bryant Park Grill boss claims age discrimination over ouster for new eatery run by Jean-Georges Vongerichten

New York Post20-06-2025
Booted Bryant Park Grill operator Michael Weinstein accused the nonprofit that manages the New York City park of age discrimination for dumping him in favor of famed chef Jean-Georges Vongerichten, according to a new court filing.
Weinstein's Ark Restaurants has leased the handsome, glass-enclosed grill for 30 years from the Bryant Park Corporation. With $25 million in annual revenue, it's one of the nation's highest-grossing eateries.
But Daniel Biederman, who heads the Bryant Park Corporation, didn't renew Weinstein and his Ark Restaurants' lease, which expired in April.
Advertisement
5 Booted Bryant Park Grill operator Michael Weinstein accused the nonprofit that manages the New York City park of age discrimination for dumping him in favor of famed chef Jean-Georges Vongerichten.
Steve Cuozzo
He tapped Seaport Entertainment Group, a hospitality company in which multi-Michelin star holder, Vongerichten is a partner, to replace Ark.
Weinstein is 81 years old, while Vongerichten is 68.
'By Dan Biederman's own admission, he used Mr. Weinstein's age against him from the beginning of this process,' said Ark's lawyer, Anthony Genovesi, in an amended version of a complaint Ark filed in Manhattan Supreme Court in April. 'What BPC did is discrimination plain and simple.'
Advertisement
The expanded complaint in the bitter legal feud also states, 'From the beginning of the [request for proposals] process, Biederman suggested that Mr. Weinstein's age, and 'succession' issues are reasons not to renew Ark Restaurants' leases.'
Biederman, 71, countered to The Post: 'I never said he was too old to keep the Grill running.
'It's an 18-year lease,' he added. 'We asked all four applicants, how would the restaurant continue if they got hit by a bus?'
Advertisement
5 Weinstein, 81, has leased the grill for 30 years from the Bryant Park Corporation
enCourageKids Foundation
5 Daniel Biederman, head of the Bryant Park Corporation, countered to The Post: 'I never said he was too old to keep the Grill running.
Bryant Park Corporation
In an April letter to Judge Anar Rathod Patel, Biederman's lawyer, Gil Feder, wrote: 'Michael Weinstein is more than 80 years old, and his successor, Mr. Weinstein's 31-year-old son, lacks sufficient experience to inspire confidence that Ark can sustain its operations in the long term.'
Weinstein sued the Parks Department, the BPC, the Seaport Group, and even the New York Public Library which abuts the restaurant and has an advisory say, over what Weinstein called an 'improper' and 'defective' bidding process.
Advertisement
Patel rejected Ark's request for an injunction to block its ouster, writing in April, 'Mere dissatisfaction with a competitive outcome does not constitute bad faith.'
5 Biederman tapped Seaport Entertainment Group, a hospitality company in which multi-Michelin star holder Vongerichten (above) is a partner, to replace Weinstein's Ark Restaurants.
Tamara Beckwith
Meanwhile, in one of the most curious battles the city's restaurant world has seen, Weinstein continues to run the Grill and an alfresco cafe despite the lease expiration.
Biederman might move to evict Ark 'very soon,' his lawyer, Gil Feder, told The Post on Thursday.
He added, though, that it might take several more months.
5 Weinstein continues to run the Grill and an alfresco cafe despite the lease expiration.
Steve Cuozzo
'We must go through a legal process,' Feder said, which includes responding to Weinstein's latest court filing.
The holdup means the Grill will remain open through the busy summer season. It will likely have to close for up to a year for renovations when Vongerichten's company takes the keys, The Post previously reported.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cathie Wood Pours Millions Into Archer Aviation and Pony AI Push
Cathie Wood Pours Millions Into Archer Aviation and Pony AI Push

Yahoo

time4 minutes ago

  • Yahoo

Cathie Wood Pours Millions Into Archer Aviation and Pony AI Push

Aug 13 - Cathie Wood's ARK funds made headlines again on Tuesday with a trio of bold moves in aviation and autonomy. ARK bought roughly $3.15 million of Archer Aviation (NYSE:ACHR) stock and added about $13.37 million of Pony AI (NASDAQ:PONY), signaling renewed appetite for eVTOL and robotaxi plays. At the same time ARK sold 282,737 shares of Kratos Defense (NASDAQ:KTOS), a disposal that totaled about $18.49 million as Wood rebalances the portfolio. Warning! GuruFocus has detected 2 Warning Sign with ACHR. The trades show ARK doubling down on next-gen mobility while trimming some defense exposure after KTOS's recent rally. Other smaller purchases included stakes in Caris Life Sciences (NASDAQ:CAI), Illumina (NASDAQ:ILMN) and Exact Sciences (NASDAQ:EXAS), alongside buys in mega-caps such as Amazon (NASDAQ:AMZN) and Deere (DE). ARK's move could push investor interest back into high-growth, speculative mobility names, but it also underscores the fund's active, high-conviction approach to thematic investing. This article first appeared on GuruFocus. Sign in to access your portfolio

Bolloré-Linked Rubber, Palm Oil Producer Socfin Changes Sexual Violence Policy
Bolloré-Linked Rubber, Palm Oil Producer Socfin Changes Sexual Violence Policy

Bloomberg

time10 hours ago

  • Bloomberg

Bolloré-Linked Rubber, Palm Oil Producer Socfin Changes Sexual Violence Policy

Socfin Group, a supplier of rubber to Michelin, Continental AG and Bridgestone Corp. among others from its plantations in Africa and Asia, has announced major changes to its policies against sexual violence and harassment. The company, based in Luxembourg, said in a post on LinkedIn last month that it would enforce an 'absolute prohibition of all sexual harassment and violence' and treat complaints confidentially, promptly and with a non-retaliation guarantee. Socfin said the policy, effective July 3, would cover every person on its premises including employees and visitors. It was signed by the two sons of co-owner and Chairman Hubert Fabri who have executive and board roles at the company. Their signatures 'underscore toplevel commitment,' the post said.

Cathie Wood buys battered tech stock after earnings
Cathie Wood buys battered tech stock after earnings

Yahoo

time19 hours ago

  • Yahoo

Cathie Wood buys battered tech stock after earnings

Cathie Wood buys battered tech stock after earnings originally appeared on TheStreet. Cathie Wood, co-founder, CEO, and chief investment officer of ARK Invest, has a long history of buying disruptive growth stocks she believes are capable of shaping the future. She's not afraid to double down on high-growth tech names during periods of extreme volatility. It's a core part of ARK's investment strategy, targeting companies she believes have strong long-term potential, even as short-term price swings spook other investors. For Wood, sharp pullbacks offer discounted entry points into companies that operate in transformative industries such as artificial intelligence, electric vehicles, blockchain, and programmatic advertising. Still, Wood raised eyebrows across Wall Street this week by adding more than 725,000 shares of Trade Desk () across her firm's actively managed ETFs. More on stocks: Cathie Wood buys $11 million of surging AI stock Cathie Wood splurges $4.1 million on popular AI stock Cathie Wood sells $28 million of popular AI stock The timing was no coincidence; Trade Desk stock fell 38.6% on Friday after the ad-tech specialist's latest earnings report disappointed investors. Wood's move, however, indicates continued confidence in the California-based digital advertising platform despite a weaker-than-expected outlook, earnings miss, and a surprise C-suite change. ARK Innovation ETF leads Trade Desk buying spree According to ARK Invest's daily trading disclosures, Wood's flagship ARK Innovation ETF () bought 535,292 shares of Trade Desk on Friday. The ARK Next Generation Internet ETF () added another 203,075 shares. This marks ARK's first Trade Desk purchase since mid-February, when Wood's team bought shares following another post-earnings drop of 33%. Following these trades, Trade Desk is now ARKK's 27th-largest holding, with 1.57 million shares valued at roughly $85 million. In ARKW, it's now the 29th-largest position, with 523,000 shares worth around $28 million. What triggered Trade Desk's stock crash? Trade Desk's nearly 40% drop this time came as its second-quarter results and forward outlook disappointed investors. Revenue climbed 19% year over year to $694 million, ahead of the company's forecast and beating consensus estimates for $682 million. That translated to adjusted earnings of $0.41 per share, up 5% year over year but a penny per share below Wall Street's models. The company's forward outlook proved more disappointing, with management calling for Q3 revenue to climb just 14% year over year to $717 million. That would mark the second straight quarterly deceleration in top-line growth, serving as a red flag for investors, given what analysts note have been generally strong results from other ad-tech firms in recent weeks. Finally, Trade Desk also recently announced the departure of its longtime CFO, Laura Schenkein, raising concerns about leadership stability. The combination of its earnings disappointment, light outlook, and executive turnover triggered one of the stock's steepest single-day declines in years.A familiar ARK Invest playbook This isn't the first time Wood has bought heavily into falling stocks. ARK frequently adds to its existing positions in disruptive growth companies immediately after major selloffs, effectively betting that the market is overreacting to short-term challenges. Whether that conviction will pay off hinges on Trade Desk's ability to stabilize growth, maintain its historic dominance in the programmatic advertising market, and navigate its executive transition as smoothly as possible. If Wood's timing proves correct, ARK's habit of buying the dip could deliver significant returns as investor sentiment improves. The purchase also reinforced ARK's high-conviction, high-volatility approach, which often runs counter to broader market behavior. For now, Wood's aggressive buying of Trade Desk stock after yet another enormous post-earnings selloff is a high-risk, potentially high-reward play that aligns perfectly with ARK Invest's contrarian Wood buys battered tech stock after earnings first appeared on TheStreet on Aug 12, 2025 This story was originally reported by TheStreet on Aug 12, 2025, where it first appeared.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store