Ta-boó restaurant, located on Worth Avenue in Palm Beach Island, Florida, has been a popular and iconic establishment for over 80 years. Recently, the building it operates in has been taken over by new owners, and negotiations are currently underway for a new lease. While there is a risk that the negotiations may not be successful, there is hope that a mutually beneficial agreement will be reached to allow Ta-boó to continue operating in its historic location.
Both Ta-boó and the building's new owners have made offers to renovate the space and extend a long-term lease. Ta-boó is a consistently busy restaurant, and its owner Franklyn de Marko understands the numbers needed to maintain its legendary quality and attraction to both visitors and loyal locals.
Local figures, including Worth Avenue Association President Greg Beletsky, have been actively working to gather support for Ta-boó. The mayor and town council members also recognize the significance of Ta-boó as a part of the history of the area. Worth Avenue is considered to be the Rodeo Drive of Palm Beach County, and the Spanish and blended Mediterranean architecture from Addison Mizner in the 1920s is evident on the avenue and the many pleasant little "Vias" that spring off it.
Ta-boó has a fascinating history, with past ownership dating back to 1941 when Ted Stone opened the restaurant. Its client roster includes John F. Kennedy, Jackie Onassis, Frank Sinatra, and the Duke and Duchess of Windsor, among countless other current celebrities. The potential loss of Ta-boó would be a significant loss to the community and the restaurant's rich history.
As a local real estate firm not a party to the deal, Greenfield Waters Florida Realty is hopeful that a mutually beneficial agreement can be reached for between the restaurant and the landlord. Eric Gunther, the owner of the firm, believes that common sense and analytical thinking will lead to a successful outcome. Here's hoping for many more years of continued success for Ta-boó!
Glad to share as always!
Eric Gunther
Realtor – Broker – President
eric.gunther@greenfieldwaters.com
205 Worth Avenue #125
Palm Beach, FL
33480
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