A mysterious New York billionaire swooped in at 11 o'clock with an offer of $6 million to save the beloved Central Park Boathouse.
Sources say White Knight's power broker saidBig on how he should preserve Apple's landmarks in The Post on August 12th. Steve said he intervened after reading Cuozzo's column.
Operator Dean Paul said theCentral Park Restaurant had to close. On October 17, due to a sharp increase in costs.
The billionaire then reached out to Paul and struck a deal to finance the renovation of the iconic property and keep it under his current contract with the city.
Cuozzo wrote how the shutdown would be a New York tragedy..
"At a time when New York's green lungs need all the healthy, law-abiding human traffic they can handle, the dark boathouse leaves a dire hole in the park."
The 1950s-reconstructed Boathouse is magically located on the east shore of Central Park's picturesquelake.
Paul is a Long Island-born restaurateur, best known for saving Gallagher's Steakhouse from its closure in 2013, and opened Boat I took over the house and recently said I had no choice. However, they closed down blaming the high food prices due to rising prices, coupled with the burden of labor costs.
He announced the closure of the boathouse on October 17 at the cost of 163 union jobs.
But sources said the billionaire had promised The investment will allow Paul to better negotiate with the city and park commissions by including property renovation plans.
One insider said: This means that the estate will keep the current operator and the current workers will not be laid off.
"Furthermore, we hope that we won't have to invite other restaurant operators to pitch. This process could have kept the facility closed for years."
The insider added that Paul's lawyer had proposed the new plan to the city at a meeting on Monday. A spokesperson for the New York Parks Commission did not return calls.