Here's Why Rascals In Crossgates Closed

posted by Terry O'Donnell -

We might have to stop by @rascalssteak for #happyhour . Look at all those specials!! #crossgatesmall #finedining

A photo posted by Crossgates Mall (@crossgates_mall) on

The Albany area was left scratching its head after the brand new restaurant and concert venue Rascals abruptly closed its doors on Monday. It had been open for barely 7 months when employees were told very little information, except that they wouldn't be needed for the foreseeable future. 

That's for sure. Apparently, contractors rushed to get the $3.2 million space ready for a July 1st opening. Now, after its sudden closing, the Albany Business Review says contractors say they are owed in the ballpark of $880,000 - of which they doubt they'll see little, if any of it. 

So if financial difficulties were plaguing the restaurant this early, perhaps that's what led to the closing.



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