210 West 55th Street (between Broadway and Seventh Avenue), BROADWAY REGENCY RESTAURANT LLC D/B/A “PHD TERRACE”, application for an alteration to an existing liquor license.
WHEREAS, VIVEK CHATWAL on behalf of BROADWAY REGENCY RESTAURANT LLC has notified Community Board 5 of its intention to apply for an alteration to its existing on-premises liquor license for the roof top bar (known as PHD Terrace) at the Dream Hotel located at 210 West 55th Street, New York, New York (the "Premises"); and
WHEREAS, The Premises was licensed and operated by a previous operator as Ava Lounge for many years without incident; and
WHEREAS, The Premises includes a completely enclosed 15th Floor lounge and an unenclosed 16th Floor rooftop; and
WHEREAS, The 15th Floor lounge of the Premises consists of approximately 1,400 square feet, most of which is available for patron use; and
WHEREAS, The total capacity of the 15th Floor Premises is 116 with 5 tables and 45 banquette seats and 0 barstools; and
WHEREAS, There is 1 existing patron bar on the 15th Floor and no service bars on the 15th Floor of the Premises; and
WHEREAS, The 16th Floor rooftop of the Premises consists of approximately 1,400 square feet, most of which is available for patron use; and
WHEREAS, The total capacity of the 16th Floor rooftop is 116 with 16 tables, 57 banquette seats and 6 barstools; and
WHEREAS, The subject application seeks to add 1 patron bar on the 16th Floor and no service bars on the 16th Floor of the Premises; and
WHEREAS, The Applicant has agreed that Applicant shall:
WHEREAS, Should Applicant ever contemplate a transfer of its interest in the operation at the Premises ("transfer" being deemed to include a change in control of an entity or the transfer of a majority interest in an entity), Applicant shall notify CB5 before such transfer is made and shall require any transferee to agree to the conditions and stipulations contained herein; and
WHEREAS, Should VIVEK CHATWAL ever contemplate a transfer of his interest in Applicant so that he does not have a controlling management interest in Applicant ("transfer" being deemed to include a change in control of an entity or the transfer or a majority interest in an entity), notice shall be given to CB5 before such transfer is made and any transferee shall be required to agree to the conditions and stipulations contained herein; and
WHEREAS, Members of the public appeared and commented regarding the application and the comments and concerns of the community were taken into consideration in negotiating these conditions and stipulations; and
WHEREAS, These agreements, stipulations and conditions will be incorporated into the Method of Operation as part of the liquor license application submitted by Applicant to the New York State Liquor Authority, a copy of which shall be simultaneously submitted to CB5; therefore be it
RESOLVED, Community Board Five recommends denial of the application by BROADWAY REGENCY RESTAURANT LLC for an alteration to its existing on-premises liquor license for the roof top bar (known as PHD Terrace) at the Dream Hotel located at 210 West 55th Street, New York, New York, unless the above conditions are adhered to and are incorporated into the method of operation of the State Liquor Authority application.