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New Restaurant to Replace Central Avenue Grill

on March 21, 2012 - 12:08pm

Photo by Greg Kendall/ladailypost.com

The Los Alamos Daily Post has just learned that longtime local business leader Denise Lane is taking over the location of Central Avenue Grill.

"I will be opening a new restaurant in this location this summer," Lane said.

The fate of Central Avenue Grill has been in question for several months since owners Min Sung Park and Sohyank (Monica) Park declared bankruptcy last August in U.S. Federal Court in Albuquerque.

The Park's have been operating Central Avenue Grill, 1789 Central Ave., as well as their Osaka Grill and Seafood restaurant in Santa Fe under “debtor-in-possession” status since filing the Chapter 11 reorganization.

In bankruptcy proceedings in December, Judge Robert Jacobvitz granted the Parks time to reorganize their finances.

In January, Jacobvitz ruled that the Park's had a valid lease and granted them the right to continue operating the local restaurant.

Min Park has been in South Korea for weeks. He reportedly returned to town March 15 but neither he nor Monica Park could be reached for comment on when they will be vacating the premises.

A hearing regarding the Park's bankruptcy status is on the docket for 11 a.m., April 19 in Albuquerque.

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