New York City's Palm Steakhouse To Close For Major Makeover And Bar Expansion

The Palm, one of New York City's most iconic and longest-standing steakhouses, is scheduled to close in April for a major renovation that will include a layout change and an expansion of the bar area, the Palm Restaurant Group has announced.

The flagship restaurant, which has been open since 1926, will undergo a "seven-figure upgrade," according to Crain's New York.

The Palm is an important part of the city's restaurant history and has since expanded to several other locations, including Palm Too in 1973, located directly across the street.

Renovations will include changes that comply more fully with the Americans with Disabilities Act, including enlarging the restaurant's entryway, and the restoration of some of the artwork on the walls, which date back to the 1920s and 1930s.

The Palm hopes to reassign the 43 employees currently working in the flagship and rehire them when it reopens, likely in December, Jeff Phillips, chief operating officer of the restaurant group told Crain's New York.