Reel Seafood Co., one of the last bastions on independent dining on Colonie’s chain-dominated Wolf Road and a destination since 1984, closed suddenly after business on Saturday (1/18). Announcement of the closure was emailed Sunday morning.
The announcement offers little reflection on Reel Seafood’s legacy or reason for the closure, instead spinning the story forward to make the location appealing to a future operator. It says, in part:
The company said after considerable thought, they have decided to move on and open the possibility for a new concept restaurant to take its place. The restaurant business is dynamic and food trends change. With such a great location, a new restaurant company will have the opportunity to establish a brand that is current and appealing to Capital Region diners. The restaurant sincerely thanks its customers for their years of loyalty and patronage.
A note on its website adds, “The decision to close our wonderful and iconic restaurant was a very difficult one and not one entered into lightly.”
Reel Seafood will refund outstanding gift cards; instructions on how to do so are posted on the restaurant’s website.
Located at 195 Wolf Road, Reel Seafood was founded in 1984 as The Real Seafood Co. by LeGrande Serras, a third-generation restaurateur whose Greek-born grandfather opened a Schenectady diner called The Subway in 1909. The name was changed from “Real Seafood” to “Reel Seafood” in 2008, when Serras’ brother, who owned a number of Michigan restaurants including several named Real Seafood, sold all of his portfolio, including the “Real” name.
A decade ago, Serras made plans to gradually step back, and his daughter, Aliki, began working at the restaurant with an eye toward taking it over. She became general manager and, at the end of 2013, owner, with backing from Empire Education Corp. owner Faith Takes. (LeGrande Serras retained ownership of the building.) The partnership failed, and Takes was the sole owner, though Serras himself remained a regular presence at the restaurant. Takes’ purchase of the property from Serras closed on Friday (1/17), he tells me. It is available for lease, with Kevin Parisi of Trinity Realty Group handling the property.
More when I know it.
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January 19, 2020 at 11:18PM
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Shocker: Reel Seafood closes suddenly after 36 years - Times Union
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