Four months after the Rosemont location closed, the Prasino city flagship abruptly shuttered yesterday on Division Street in Wicker Park. And although the Wicker Park location was busy, unlike the Fashion Outlets of Chicago outpost, ownership squabbles and overspending doomed both restaurants.
The reasons for the specific timing, which left 50 employees suddenly out of work, are currently unknown, as all parties are forbidden to comment. But higher-ups said when Rosemont closed that Prasino partners stripped then-owner Ted Maglaris of ownership duties of the city locations around that time—signing his paperwork over to them—and leaving the Division Street location on thin ice as well. Prasino has already erased the Wicker Park location from its website, which only shows the La Grange and Missouri locations, and the space is already up for lease.
Prasino Division Street opened nearly three years ago to the day. Another city restaurant from the Maglaris family, Covo Gyro Market, opened in September 2012 on Milwaukee Avenue and closed in October 2013. That space is now Max's Wine Dive—what will come to the Prasino space next?
[UPDATE: A rep writes that the Maglaris family sold Prasino Wicker Park to a private investor in 2012 and that the LaGrange location is no longer affiliated with the Wicker Park location.]
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