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Four Seasons Restaurant is Closing. Is the Power Lunch Dead?
CNN ^ | June 8, 2019 | Jackie Wattles

Posted on 06/08/2019 7:18:19 PM PDT by Cecily

The famed Four Seasons Restaurant in New York, which for decades was a go-to spot for power brokers to hobnob over lunch, will shut its doors on Tuesday. The 60-year-old upscale dining spot hasn't been able to hold onto its clientele, Four Seasons managing partner Alex von Bidder told CNN Business on Saturday, and its investors "lacked the confidence to fund it for another year or six months." He confirmed earlier reports in the New York Post and The New York Times that the restaurant will close indefinitely after lunchtime on Tuesday. Forty years ago, The Four Seasons became known as a go-to destination for Wall Streeters, publishers, movie producers and other executives who would hash out business deals amid the lavish decor and seasonal dishes. A 1979 article in Esquire magazine used the term "power lunch" to describe the midday meetings; the phrase and its association with the Four Seasons stuck around for decades.

The restaurant, however, lost its home at the Seagram Building on Manhattan's Park Avenue when its lease expired in 2016.

(Excerpt) Read more at cnn.com ...


TOPICS: Business/Economy; Food; Society
KEYWORDS: minimumwage; minimumwages
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To: Dilbert San Diego

“Why the need to be punitive against those who oppose them?”

Because they opposed them. That’s why.

See my tag line.

L


41 posted on 06/08/2019 10:25:05 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: SamAdams76

With all due respect, that’s just not true.

Unless a lot of them suddenly became black.

And as big a number as SOMEONE WHO DOES NOT KNOW NYC think those people are, they are a joke compared to the population.

To think they ALL fill all of the NOW SIX Chick Fil A’s is insanity :))

I didn’t think that when there was one.

Now that I know there are 6, that is beyond preposterous.

But we’ve agreed on, I think, every other post of your I’ve ever read so the THE GREAT CHICK FIL A DEBATE of 2019 likely won’t cause a permanent chasm :)


42 posted on 06/09/2019 1:19:07 AM PDT by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: BunnySlippers

I always liked Sparks or the Palm better


43 posted on 06/09/2019 2:31:57 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: llevrok

“Mad Men”

Yup. Now it’s MADD men.


44 posted on 06/09/2019 4:15:51 AM PDT by fruser1
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To: GOPJ
“When is that NOT true?”

I'm referring to those who don't produce anything, or who don't really provide a defined service, but make money manipulating currency, commodities, stocks, etc., using other people's money to do it. It's a different category.

I'm not criticizing or casting aspersions at financial services people, stockbrokers, traders, hedge-fund people etc. as a whole - at all. However, there are those, for example those who use extremely fast fiberoptics-based trading networks to manipulate the market, who are making a ton of money while introducing instability into the markets and in a very real way hurting the finances of those people who are putting away a portion of their paychecks every month to fund their 401K. Anyway, it's a longer conversation, but I understand entirely your comment. I think we're just talking about different things.

45 posted on 06/09/2019 6:00:58 AM PDT by neverevergiveup
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To: semimojo
More this size but Beefeater gin, very dry, olive😎


46 posted on 06/09/2019 6:52:48 AM PDT by Bonemaker (invictus maneo)
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To: Cecily

Things also ebb and flow. There likely will be a revival of the power lunch relatively soon.


47 posted on 06/09/2019 6:54:19 AM PDT by 9YearLurker
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To: llevrok

“As the Japanese “salary men” say - you don’t know somebody until you’ve been drunk together (in other words, team building)”

Yeah, it’s kind of a lost art....quality drinkng and the accompanying camaraderie. My working years were the 60’s thru the 90’s. Used to be the whole damn office would head to ye olde watering hole. The downfall of these fine traditions parallels the rest of societal decay.


48 posted on 06/09/2019 7:08:43 AM PDT by Bonemaker (invictus maneo)
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To: dp0622
No problem...FYI, here a thread I did a few years ago on Chick-Fil-A in NYC.

It was MOBBED!

49 posted on 06/09/2019 7:13:15 AM PDT by SamAdams76
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To: semimojo

Those martinis aren’t chilled, shaken, or stirred, and no ripple showing there’s vermouth in it.

Heard all the dry martini jokes:

“For vermouth, wave the gin bottle in the direction of Italy”

“Just marinate the olives in vermouth & drop them in the gin”

(when the barkeep asks if you want a twist of lemon:)

“If I want a lemonade, I’ll ask for it!”

An Air Force pilot keeps gin & vermouth in his survival kit; if he bails out over the middle of Alaska, as soon as he lands he starts mixing a martini. Within seconds someone will pop up & say, “Too much vermouth!!”


50 posted on 06/09/2019 8:20:41 AM PDT by elcid1970 (No matter how bad things get, it can only be worse in New Jersey!)
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To: Jimmy Valentine

Never heard of Sparks. Adored the Palm!!!


51 posted on 06/09/2019 8:29:19 AM PDT by BunnySlippers (I Love Bull Markets!)
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To: 9YearLurker
There likely will be a revival of the power lunch relatively soon.

Kind of hard to do in #metoo era. Have a couple of drinks then flirt with your hot female co-worker? You'll be reported to HR for sexual harassment!

52 posted on 06/09/2019 8:41:00 AM PDT by MinorityRepublican
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To: MinorityRepublican

For the Average Joe, no doubt the boozy lunch and workplace fun have been on a steady decline since the ‘80s.

The biggie was when they took away a lot of the tax-deductibility of “business lunches”.

But the move has been away from fun and actual relationships, just about in inverse proportion to how much workplaces now talk about fun and “relationships”.


53 posted on 06/09/2019 8:51:16 AM PDT by 9YearLurker
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To: neverevergiveup
I'm referring to those who don't produce anything, or who don't really provide a defined service, but make money manipulating currency, commodities, stocks, etc., using other people's money to do it.

More money is made 'manipulating currency' than any other 'industry' in the world. A future solution will be a stable trade currency - but that's a ways off. Your other concerns are 'just the way' a sane capitalist system works ... in need of small tweaks but not much else. Read Sowell...

54 posted on 06/09/2019 9:25:16 AM PDT by GOPJ (Line the pockets of deep state thugs to gain power. Graft in DC is protected by 'norms'...)
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To: Cecily
My wife and I had a great dinner there back in the 70s. And we paid for it. None of you folks in flyover country were negatively impacted.

ML/NJ

55 posted on 06/09/2019 10:07:01 AM PDT by ml/nj (.)
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To: dp0622
It’s a superior product and when you’re stomach is rumbling, a restaurant’s stance on gay marriage doesn’t matter much!

There's a lot of confusion on that point. The restaurant does not exclude gays and lesbians, either from dining or from employment, and has no lawsuits by any employees. The "reputation" stems from a pro-traditional marriage letter to the editor that the founder of CFA wrote to the magazine published by his Baptist Church. Some activist got ahold of it -- this was before the SCOTUS gay marriage decision, when many people were discussing the pros and cons -- and the activists got on social media claiming that all of CFA is bigoted. The founder, Dan Cathy, isn't even running the company any more; his son is.

If you recall, the LGBT's staged a boycott of CFA which totally, totally backfired. All the stores were overwhelmed with business. Here in my town, cars were lined up around the block trying to get in there, and not just for a day, but for months. They have since opened two new locations in this town, and have become the 3rd largest fast food chain in the US in the years since the boycott.

56 posted on 06/09/2019 7:19:37 PM PDT by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
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