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Palomino Closed Permanently in San Francisco

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The Embarcadero staple for almost 20 years has officially closed, permanently.  A source close the restaurant told www.brokeassstuart.com, “Palominos went from making $4.5 million annually to maybe scraping $2 million this year. They have been at that location for close to 20 years, and the landlord is unwilling to work with the company in any way, in order to save the business. Palamino’s lease was up and the landlord wanted to double the rent.”

The Palomino’s SF website confirmed the news, and wrote this goodbye on their site today:

“We’re sorry to announce Palomino San Francisco is permanently closed. We are thankful to have hosted so many of your celebrations and to have been a part of this wonderful community.”  – palomino.com

This most recent closure comes on the heels of a slew of long-standing restaurant closures in the area of Giant’s Stadium, including Amici’s Pizza (2004-2019), Pete’s Tavern (2007-2019 & Pedro’s Cantina 2010-2019) all closed on King St. in September 2019.  All venues blamed rent hikes and poor attendance levels to Giants games as reasons for shutting down.  The opening of the new Chase Center in the area has caused real estate prices to sky rocket, more closures can be expected.

Rip this great view of the Bay Bridge, hopefully another restaurant will open here soon

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Alex Mak - Managing Editor

Alex Mak - Managing Editor

I'm the managing editor here at Broke-Ass Stuart. I enjoy covering Bay Area News as well as writing about Arts, Culture & Nightlife.

If you're a writer, artist, or performer who would like to get your work out there, or if you've got great things to promote, we've got 120k social followers and really fun ways to reach them. We make noise for our partners, and for our community.
alex at brokeassstuart.com

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