Auction helps cover $8M debt of NYC landmark

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NEW YORK (AP) — A court-ordered auction of the glitzy decor at New York City’s Tavern on the Green has raised millions of dollars to cover the bankrupt restaurant’s $8 million debt.

The sale ended Friday and included about 20,000 items from the landmark establishment in Central Park — from crystal chandeliers to a pig-shaped weather vane and all the china and kitchen equipment.

The highest bid — $180,000 — was for a Tiffany glass ceiling used in other restaurants owned by Tavern operator Warner LeRoy, the Russian Tea Room and Maxwell’s Plum.

Other top items at the Guernsey’s auction were a Tiffany glass ceiling piece that went for $120,000 and a Tiffany peacock mural that sold for $75,000.

Tavern on the Green closed its doors on New Year’s Eve after 75 years.