Rainbow Room to close restaurant, citing economy - WMC Action News 5 - Memphis, Tennessee

Rainbow Room to close restaurant, citing economy

NEW YORK (AP) - The recession has reached the ritzy Rainbow Room, the special-occasion spot that overlooks midtown Manhattan from high above the tourist-attracting Rockefeller Center skating rink.

WNBC-TV reports that the owners plan to shutter the Italian-themed Rainbow Grill restaurant temporarily while keeping the establishment's bar, banquet space and dinner-dancing going on the 65th floor of the RCA building.

The Rainbow Room has symbolized glamour since it opened in 1934, during the Great Depression.

Cipriani International chief operating officer John Higgins told WNBC the decision was "due to the current economic crisis" and a lease dispute.

A spokeswoman for landlord Tishman Speyer didn't immediately respond to a call seeking comment Saturday.       

On the Net:       Rainbow Room: http://www.rainbowroom.com/                

(Copyright 2009 by The Associated Press.  All Rights Reserved.)      

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