Red Lobster has announced that it will be closing its iconic restaurant located in New York City's Times Square after more than two decades of operation. According to multiple sources, including ABC7 New York and Fox Business, this closure is due to ongoing building construction in the surrounding area.
The decision to close the Times Square location was not taken lightly by Red Lobster management. The restaurant has been a staple in the bustling heart of Manhattan since 1983, serving millions of customers over its long history. However, recent developments have made it necessary for the chain to make this difficult choice.
According to Nation's Restaurant News and CBS News, the closure is expected on June 14, 2026. This decision follows a trend of Red Lobster shuttering locations across the country as part of broader restructuring efforts following financial challenges.
The Times Square location has been a significant part of New York City’s dining scene for over two decades. With its prime location and iconic presence, it has served countless tourists and locals alike since opening in 1983. The restaurant's closure marks the end of an era for both Red Lobster and Times Square.
The decision to close this particular location is part of a larger strategy by Darden Restaurants, Inc., which owns Red Lobster. In recent years, the company has been focusing on streamlining its operations and improving profitability in response to changing market conditions and financial pressures.