History
The Rainbow Room first opened on October 3, 1934, and was originally conceived as a formal supper club, where the elite and influential of New York could gather to socialize over cocktails, dine on fine cuisine, and dance to the strains of legendary big bands on a revolving floor.
Facing competition from other upscale restaurants in New York including the Equitable Center and Battery Park City, the restaurant was closed for nearly two years beginning in 1985 as it underwent a $25 million restoration and expansion to 45,000 square feet (4,200 m2). David Rockefeller, the son of John D. Rockefeller, Jr., commissioned the restoration, led by Joe Baum, Arthur Emil, and architect Hugh Hardy.
In 1998, the Rockefeller family passed operations of the facilities of the restaurant over to the Italian Cipriani S.A. family, founders of the renowned Harry's Bar in Venice, as well as several other restaurants in New York City.
The Ciprianis extensively remodeled the grill and fired all union workers. In 2003 Michael DiLeonardo, an associate of Peter Gotti, turned state's evidence against the accused mobster. In his testimony DiLeonardo said the Ciprianis gave $120,000 to the Gambino crime family to make union problems at the Rainbow Room disappear. The charges were never confirmed.
On New Year's Eve, the price of admission included caviar, truffles, champagne, and mixed drinks, and access to the Rainbow Room from dinner through breakfast the next morning. Admission to the 2007 New Year's Eve party was $1600.00 per person.
In 2008, the Cipriani company filed a brief with the City of New York, requesting that the Rainbow Room be designated a historic landmark. The designation would prevent the Rainbow Room from being converted into office space.
In 2009 the Ciprianis announced that they planned to close the grill although part would remain open as a bar and banquet hall. The Ciprianis' chief operating officer blamed "the current economic crisis in New York and around the world, on top of an ongoing dispute with our landlord." Tishman Speyer said it intended to evict the Ciprianis unless they paid back rent. The two sides settled the dispute, with the Ciprianis' agreeing to give up possession of the restaurant and banquet hall on August 1, 2009. The last night of dancing at the former hot spot took place on June 5, 2009, and the Grill closed its kitchen on Father's Day, June 21, 2009.
As of mid-2011, it was announced that work had begun on remodeling the restaurant for its reopening. However, as of June 1, 2012, the restaurants Rainbow Room and Rainbow Grill were closed and awaiting new operators.
On October 16, 2012, the Rainbow Room was declared a New York City landmark by the New York Landmarks Commission.
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