Rainbow Room loses pot of gold

New York’s Rainbow Room is about to close its Rainbow Grill restaurant. Perched atop 30 Rockefeller Center, the restaurant has accumulated a reputation for dazzling views and putting you on top of the world in as close to the literal sense as possible. This week, the restaurant suffered its own fall … a 65-storey fall, to be exact.

The Rainbow Grill, which serves pricey Italian-style food, will shut down on January 12, 2009. The bar, banquet facilities and weekend dinner-dancing will live on, however. The twin culprits are the general economic decline and a dispute with its landlord, the “pirates” at Tishman Speyer.

Of course, everyone in Manhattan is entitled to a second act, and the Rainbow Room may come back. The Cipriani family, which owns the landmark restaurant, calls the decision temporary.

[Via MSNBC and Gawker]