#8 - The Fall of KDK Restaurant Group
Back in March of 2011, some ominous signs appeared on the windows of one of the South Loop's pioneer restaurants, Gioco. The signs stating that the restaurant would be "closed today and till further notice" were surprising to many around the neighborhood but no one knew about the bigger issue, which was that KDK Restaurant Group (owners of Gioco, Opera, Red Light and Marche) weren't paying all their taxes.
Back in March of 2011, some ominous signs appeared on the windows of one of the South Loop's pioneer restaurants, Gioco. The signs stating that the restaurant would be "closed today and till further notice" were surprising to many around the neighborhood but no one knew about the bigger issue, which was that KDK Restaurant Group (owners of Gioco, Opera, Red Light and Marche) weren't paying all their taxes.
After Gioco's news came about, Red Light (in the West Loop) also closed. At the time, no one knew the fate of these restaurants. Today, Right Light remains closed, but Gioco reopened in May after being sold to a separate group. While some minor things have changed at Gioco (new chef) it appears that the restaurant is back to running smoothly.
http://chicagoist.com/2011/11/07/stephanie_izard_takes_over_former_r.php
ReplyDeleteThis URL will take you to the story. Red Light will become Stephanie Izards new restaurant.
http://chicagoist.com/2011/11/07/stephanie_izard_takes_over_former_r.php
ReplyDeleteRed Light space goes to Stephanie Izards new restaurant.