A sophisticated landmark in New York’s upscale bar scene, the Campbell Apartment will be closing in late July 2016. Following a decision by the MTA, New York City’s public transit agency, to remodel the surrounding Grand Central station, bar owner Mark Grossich offered to increase his rent from $350,000 yearly to $800,000. After Scott Gerber, a known fixture in the nightlife scene, offered $1.1 million, Grossich offered the agency 2.5 percent on top of the highest bid to preserve his luxurious bar. When MTA refused the offer, Grossich decided to pursue a lawsuit against the agency to remedy what he perceived to be an unfair bidding process. At the conclusion of the months-long court battle, the judge decided not to grant Grossich a stay of eviction.
While Campbell Apartment is known for upscale dark wood finishes and its suit-clad clientele, Gerber’s establishments tend to be trendier. Gerber plans to renovate the space with a new stone bar top and updated furniture in addition to creating a dress code that allows sneakers and jeans.
As MTA has indicated its interest in seeking out higher-end businesses to fill Grand Central Terminal’s retail spaces, the Apple Store, a food hall, and a tasting-menu restaurant are among the businesses that will be joining the renovated train station’s landscape. Named for the famed financier who once utilized the space as an office, the swanky Campbell Apartment has attracted visitors and tourists for more than 17 years.