Grill owners get new lease on life

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Bankruptcy: Judge rules in Park’s favor regarding landlord’s actions

By John Severance

For now, the Central Avenue Grill in Los Alamos will remain open under the ownership of Min Sung Park.
“The judge (Robert H. Jacobvitz) ruled yesterday the lease has not been properly terminated and it is still in effect,” Park’s attorney George M. Moore said in a telephone interview this morning.
“Now, we need to get the judge to approve the assumption of the lease and that will be the next step.
“We need to show the judge we will be able to cure the existing debts under the lease, pay the back rent within a reasonable period and honor the remaining part of the lease.”
A post on the Central Avenue Facebook page said, “In spite of recent events, the Central Avenue Grill will proudly continue to serve its loyal customers and many more for years to come! Thank you to all who supported us!”
A number of parties had been awaiting the results of a meeting that took place last Thursday in Albuquerque between attorneys for Central Avenue Grill owners Min and Monica Park, attorneys for the restaurant’s landlords C1C2 Investments of Daytona Beach, Fla., and Bankruptcy Court Judge Robert Jacobvitz.
The judge’s decision, on whether the Park’s downtown property lease remains intact, was the central question.

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