Donald Trump is looking to reopen New York's famous Tavern on the Green restaurant, which had been a Central Park icon for 75 years before closing on New Year's Day in 2010.

Trump's company already has reached an agreement with the New York Hotel and Motel Trades Council, a union which represents about 400 of the Tavern's former employees, to operate the restaurant, Ron Lieberman, Trump Organization's vice president for special projects, said Thursday.

New York City previously granted Dean Poll, who operates Central Park's Loeb Boathouse restaurant, a license to take over the Tavern, but Poll failed to reach an agreement with the union, according to Lieberman.

If he's successful, Trump, who already operates two skating rinks in Central Park, would be taking over a restaurant that reportedly grossed $38 million in sales one year. His company is willing to invest as much as $20 million to reopen the restaurant, Lieberman says, estimating that upgrades to the restaurant would take about a year to complete.

"Donald decided that this is such a great iconic New York restaurant and that he would be just the right person to return it back to its glory," he says.

But before the Tavern can reopen its doors, Trump will have to reach an agreement with the city. The restaurant had been operating as a city concession. Mayor Michael Bloomberg said the city will "take a look" at having Trump reopen the restaurant, The Associated Press reported Thursday.

Trump Entertainment Resorts (TRMPQ), which owns Atlantic City's Taj Mahal and Trump Plaza hotel-casinos, filed for Chapter 11 in early 2009 and emerged from bankruptcy last July.

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Socialism's lie is that they take from the rich and give to the poor. In fact, socialism destroys the middle class and permits the evil, ultra rich to have all of the wealth and power. That is why the evil, ultra rich George Soros's of the world are backing Obama and the socialist politicians of either party. Want to see our future? Look no further than the long time Socialist government of Mexico.

January 29 2011 at 4:46 AM Report abuse rate up rate down Reply

Could you people in New York have a bigger scumbag try and rescue this establishment. I can only hope he is not sucessful. Look at his track record, dotted with failures up and down the highway. Please say no to him

January 28 2011 at 12:36 PM Report abuse rate up rate down Reply
1 reply to hnelson468's comment

It's the only hope they have. He is not a good man, but if their wasn't a thug union envolved, I'm sure there would be plenty of investors...

January 29 2011 at 4:43 AM Report abuse rate up rate down Reply

It was a great place for those who could afford a $25 tuna salad; and that was 20 years ago. The new price will be $40.

January 28 2011 at 8:32 AM Report abuse rate up rate down Reply
1 reply to oberst87's comment

You don't have to go there. That was one of the many nice things about our formerly free country. You had a choice. Get ready for you don't have a choice.

January 29 2011 at 4:44 AM Report abuse rate up rate down Reply

Donald...just ONCE...try to reopen something and not put your tacky glitz all over it. If you truly want to bring it back to its glory days let's not 'FOR ONCE' have TRUMP NATIONAL TAVERN ON THE GREEN plasterd all over everything. You already took an exquisite old estate and turned it into a tacky monument to your ego in NJ, let's try to tone it down a bit this time and respect what the Tavern used to be and not just another tasteless postacrd that says "TRUMP WAS HERE!"

January 28 2011 at 6:37 AM Report abuse +1 rate up rate down Reply

I feel sorry for anyone trying to open a business in NYC. With the unions, corruption, and taxes it will be an expensive proposition. Bloomberg aka "the annointed one" will look into it. Ha Ha. He'll ban salt, sugar, etc. What an liberal , controlling , *******!

January 28 2011 at 4:28 AM Report abuse +1 rate up rate down Reply

Tavern has lots of potential, takes some heart and food quality to bring it back
from the "It's Just a Job" Syndrome of the past few years ! ! !

Most people who liked the Tavern could care less about price, they want to purchase a "Memory" to take home with those they love ! Make it memorable, please !

January 28 2011 at 12:32 AM Report abuse +1 rate up rate down Reply
1 reply to frank1946's comment

"Couldn't" (Could not) care less.

January 28 2011 at 8:30 AM Report abuse rate up rate down Reply