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Aurify Rescues Two Chains From Distress Amid Pandemic 'Disaster' in NYC

Le Pain Quotidien “had tremendous legacy,” says Aurify’s John Rigos. Aurify Brands, the New York City-based operator of five restaurant chains, closed the acquisition last June of Le Pain Quotidien U.S., with about 50 locations, rescuing the stores and their employees from bankruptcy proceedings in a Belgium court. “This brand had tremendous legacy,” co-CEO John Rigos said, but it had “lost its way, wasn’t being invested in. We realized, just being mediocre wa...
New York United States Becky Mulligan Maison Kayser John Rigos Maison Kaysers

Restaurants Lure New Yorkers to States With Fewer Restrictions

Restaurants Lure New Yorkers to States With Fewer Restrictions Carolina Gonzalez and Kate Krader, Bloomberg News Customers sit in the outdoor dining area of a restaurant in New York, U.S., on Thursday, Dec. 10, 2020. New York City had its credit rating cut by Fitch Ratings because of the impact the coronavirus pandemic is having on the citys economy. , Bloomberg (Bloomberg) -- New Yorkers banned from dining inside their neighborhood restaurant...
New York United States New Jersey Atlantic City Sag Harbor Long Island

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