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Famous Grand Central Terminal cocktail bar ‘The Campbell Apartment’ to close, change owners

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MANHATTAN -- For 103 years, riders have been coming and going around Grand Central Terminal.

There's a corner of the iconic building off Vanderbilt Avenue that has its own unique history.

The Campbell Apartment has been open for 17 years as a bar with a "speakeasy" feel. Previously it had been an office, a storage area, and even a jail.

But when the current lease was up last year, the current owners were outbid and the MTA decided to go with another vendor.

Grossich says Wednesday evening's last call will be their last.

Reports are the new owners have said the lounge will reopen later this summer or in the fall. The deal with the MTA will allow changes to "carpeting, furniture, the bar, lighting and any walls installed in the renovation/restoration completed in 1998."

According to MTA documents, their winning offer for the 10-year rental agreement was $3.7 million more than the current operators.

Grossich and Hospitality Holdings said they increased their offer and challenged the MTA's bidding process in court. After a judge's ruling, the MTA issued a 30-day eviction notice earlier in July.