Tin Building by Jean-Georges closes, will become an immersive art Balloon Museum
Key Points:
- The Tin Building by Jean-Georges, a luxury food hall at South Street Seaport, closed on Monday due to financial troubles, affecting at least 132 employees according to Seaport Entertainment Group (SEG), with some reports indicating over 150 job losses.
- SEG plans to replace the food hall with an immersive inflatable art experience called Balloon Museum, scheduled to open this summer.
- The Tin Building, opened in 2022 and backed by the Howard Hughes Corporation, struggled financially, losing over $100 million during its four-year operation, leading to multiple restaurant closures and reduced hours.
- SEG will immediately cease Tin Building operations, terminate its licensing agreement with Jean-Georges Restaurants, but retains a 25% stake in the group and