With the Jan. 23 passing of the owner of the Venice Club, Antoinette Balistreri Radler, rumors have been rampant about the old family restaurant shutting its doors.
But Radler's brother, Casper Balistreri, said he and a team of managers are hoping to hang onto it.
According to Balistreri, the restaurant has a mortgage, and Radler did not have insurance on it. She left the restaurant to the estate, and Balistreri has been running it.
"My wife and I have been trying to work with the bank to finalize some kind of closure, or continue the business, depending on what their needs are," Balistreri said. "We're in negotiations."
Balistreri said he planned to have a decision March 26. See BrookfieldNOW.com for an update.
"If we're able to strike a deal with the bank, we will keep it going," he said.
In the meantime, the management team and staff are pressing on.
"I have some wonderful employees that are hanging in there and praying the restaurant doesn't close," he said. "They take pride in the place."
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