His rent has steadily risen to more than $100 per square foot, with a monthly payment of about $50,000. He said the company decided against his proposal to split the large restaurant in half, lease one side to a new tenant and allow him to stay with a more affordable rent.
He went month-to-month while he tried to renegotiate with Simon Property Group, which owns the shopping center. Photo by Elena Kadvany.īerkowitz's lease ended in March. Owner Dennis Berkowitz put up signs announcing Max's closure on Monday, June 25. Max's will close its doors at the end of business this Saturday, June 30. "I thought … maybe it will drop and come back," he said in an interview Monday, sitting outside his 30-year-old restaurant. The latest influx of dining options, however, put the final nail in the coffin: a 20 percent drop the first year the remodel was done and an additional 20 percent the following year. And in the last two years alone, more than five eateries opened in a renovated wing on the El Camino Real side of the Palo Alto shopping center, with several more slated to open this year.ĭennis Berkowitz, the owner of the longtime Max’s Opera Cafe, said he lost about $300,000 in revenue a year after the first three restaurants opened but was still making a profit. We also serve beer, wine and champagne to complement your meal.Īs long-time merchants in the wholesale shellfish business, we are able to consistently delight our customers with great prices and superb products.It started 12 years ago, when California Pizza Kitchen opened at Stanford Shopping Center. We welcome families and can accommodate business group and parties in our space. Diners at our restaurant love the dressed lobster rolls, lobster corn chowder and crab nachos. Whether you’re shopping at the market or grabbing a meal at the eatery, when you visit you’ll discover live Maine lobsters, Dungeness crabs, mussels and more. We started in the wholesale business delivering quality seafood at a great value and took that experience to serve customers at our restaurant. New England Lobster Market & Eatery is an authentic east coast seafood experience in the San Francisco area. We are a traditional New England-style lobster market and eatery that offers quality shellfish at competitive prices. The following information is available for New England Lobster Market & Eatery:
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