If the Montauk Citizens Advisory Committee is worried about what the new owner of Salivar's has planned for the restaurant, we can only imagine the news that Lenny's Restaurant might have found a buyer is causing similar concern. No contracts have been signed as of yet, but we've been assured that a deal is close. It's still a little too early for specifics of the purchase (who and how much, being the most important), but we'll let you know when the information becomes available.
The restaurant?not exactly known for its stellar reviews?was listed by Town & Country for $4.7M back in June. Offering "great potential for a creative buyer," the property includes a restaurant, retail store, and boat slips.
· Listing: Best Investment Opportunity In Montauk [Town & Country]