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Popular Speakeasy Restaurateur Drops Out of 4 Projects After Alleged Racism of Partners

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Yves Jadot says the landlord partners were filled with “bigotry and racism”

Rendering of Gloria Nomad
A rendering of the proposed pizza restaurant
Photo via Yves

The man behind popular cocktail bars like Raines Law Room and Dear Irving has pulled out of four major new bar and restaurants — saying that his partners in the projects brought “bigotry and racism” that he could no longer stand.

Yves Jadot, a longtime restaurateur whose company is known for cocktail bars with speakeasy vibes, was the name behind businesses in 1216 Broadway in Nomad and at 1412 Broadway near Bryant Park, including a planned speakeasy, a pizza restaurant, and a rooftop bar inspired by The Great Gatsby.

But Jadot has decided to leave the projects and is now trying to get his name taken off the liquor licenses. In a post about the decision, he writes that he ultimately disagreed with his business partners’ hiring practices.

In one example, Jadot says that his partners blocked the hire of an American man of Korean descent, asking Jadot “Why the f...would you send us people like this?” Jadot writes that when he asked what they meant, a partner responded: “If this guy opens me the door at my bar I don’t know if I should order a cocktail or a wonton soup.”

In another instance, his partners allegedly fired a chef and another manager who Jadot had hired, but without telling Jadot, the post continues. When the restaurateur asked about the decision, the partner called the fired-manager “fat ass, unassuming, unpresentable,” according to a screenshot of a text message. Jadot writes that he paid for the two former staffers’ last two weeks of work out of pocket after the other partner refused to do so.

Jadot tells Eater that he eventually told the partners that he couldn’t work this way, and they told him that they’d find another operator who could.

“We don’t see eye-to-eye as far as how to run a business,” says Jadot, who’s run restaurants and bars in New York since 1995. “We see things very differently on how to treat people. That doesn’t work with what I’ve done for the past 20 years in the city. I think it was probably better to go our separate ways.”

Jadot declined to name specific individuals. According to the liquor license, six other people are partners on the rooftop project at 1412 Broadway, and three other people are partners at the 1216 Broadway one. The landlords of both properties are also partners.

Charles Aini, a representative for the landlords, which include Raizada Vaid of Pink Realty and Isaac and Eli Chetrit, says in an email that Jadot’s allegations are false. Aini denied that they fired staffers based on race or appearance, adding that they never hired anybody.

“We chose to terminate our relationship with Mr. Jadot, among other reasons because of delays, mismanagement, cost overruns, lack of experience, and back of house that was required to manage these type of large operations,” the statement says.

Jadot, who owns a dozen businesses around town, says now he is just trying to move on from the situation. He’s not planning to try and get his money back; both the cost of litigation and spending the next four or five years in court with his former partners would bring “negative energy” into his life, he says. “I’d rather turn the page and work on more positive things,” he says. “Life is too short.”

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