Rumors have circulated for some time that the Roosevelt Island Riverwalk Bar & Grill
would be closing or changing ownership. The Roosevelt Island Daily reported this past Saturday:
Sources tell The Daily that Riverwalk Bar & Grill, Roosevelt Island’s most popular venue for food, drink, casual get togethers and business meetings, plans to shutdown operations as of the close of business on Monday, September 3rd, Labor Day.
Nothing official has been announced, but our sources say that the restaurant has been or is about to be taken over by new owners, and renovations are being planned that include eliminating the deli section….
I asked the restaurant’s landlord, Hudson Related’s David Kramer if:
… the Riverwalk Bar & Grill is closing on Monday and that new ownership is taking over the restaurant.
and:
… Have you been informed and approved of the new ownership?…
Mr Kramer replied today:
Correct that theyre closing. Were showing the space but havent finalized a lease with a tenant yet.
Riverwalk Bar & Grill opened in June 2009. I asked Riverwalk Bar & Grill 
Riverwalk Bar & Grill Owners Jon, Alphonse, Sal & Chef Allie Celebrate 1 Year Anniversary in 2010 owners to comment but have not received a reply. Employees who were asked this weekend if the restaurant was closing on Monday said they had no idea and were not told anything by the owners. UPDATE 9/4 -The Riverwalk Bar & Grill is closed for business as of today. This sign 
was posted on the door of the restaurant 
announcing it’s closing.