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The restaurant formerly known as Ye Waverly Inn was bought out by a consortium of investors that includes Graydon Carter, editor of Vanity Fair magazine, who lives a few doors down. The renovation work inside is still *very* much in progress (we live just down the block and pass it every day walking the dogs.)
"Late October" is possible but IMO optimistic. Whatever the food is like, it is sure to be devastatingly fashionable for at least five minutes when it finally opens.
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