Rick’s Steaks To Vacate Reading Terminal Market

Sad (but expected) news — Rick’s Steaks is leaving Reading Terminal Market.

Inquirer: ” Olivieri, whose family has operated from a prime window location on the market’s 12th Street side since 1982, said he would reopen at another Center City location, though nothing was definite.
Kevin Feeley, spokesman for management at Reading Terminal Market Corp., said the settlement ended “a very difficult time for all the people involved… . Our motivation was always what was best for the market.”
Feeley disputed Olivieri’s claim that the eviction was retaliation for Olivieri’s work as president of the 74-member merchants’ group, with which he was involved in difficult talks on a new master lease.”

Daily News: ” After a meeting with a judge yesterday, Rick Olivieri, chief cook and bottle-washer of the legendary Rick’s Philly Steaks, agreed to vacate his venue in the Reading Terminal Market by October. He had been engaged in a year-long fight with the market management, which had been trying to evict him since last summer in a dispute over a long-term lease. “I’m not happy,” Rick said yesterday. “But it’s a relief in a way. My family has been tortured by this for over a year now.”

The last day of business at RTM for Rick’s will be on October 31, 2008 and Oliveri is reportedly scouting locations near Broad Street & Arch Street. Business will continue as usual at the Rick’s location inside Citizens Bank Park.

Rick’s Original Philly Steaks to leave Reading Terminal [Inky]
Rick Oliveri agrees to vacate Reading Terminal steak shop [Daily News]
Rick’s Steaks [MenuPages]
Rick’s Steaks [Official Site]

Rick’s Steaks To Vacate Reading Terminal Market