Christmas Eve Evictions: Not Looking Good for Ruby's

Rubys Bar & Grill via Curbed

Coney Island: Curbed and Gowanus Lounge are reporting on some sad Christmas Eve evictions going down on Coney Island:

"Coney Island woke up this morning to huge FOR LEASE signs affixed to every building on the boardwalk, including famed institutions such as Ruby's, which had been seeking a new lease from Coney landlord Thor Equities as late as last week. The drama started last night, with phone calls about evictions and the signs going up."

Sources tell us that the team behind Ruby's, noted to be in danger of losing their lease last week, are still unsure of their fate, but they are indeed planning on having their Polar Bear party on New Years Day.

Though Ruby's intends to renew if given the chance, rumor has it that the rents across the entire boardwalk are tripling. And the fact that Thor Equities is stringing them, and many of the other boardwalk tenants, along for so long can't be a good sign. There's supposedly some kind of conference call with all interested parties going on later today.

But here's the vital question: Since leases aren't scheduled to be distributed until December 30, why the early, holiday-edition fearmongering?
· Yuletide Fear in Coney Island: Entire Boardwalk For Lease [Curbed]
· Awful, Depressing Christmas Eve Developments in Coney Island [~E~]

Ruby's Bar & Grill

1213 Riegelmanns Boardwalk, Brooklyn, NY 11224 Visit Website