For starters, the 10-year lease at the Redhead between First Avenue and Second Avenue is up (and there is a rent increase)... plus, the partners have apparently been living out of state. (Chef/founding partner Meg Grace Larcom is now in Colorado.)
In August 2009, Frank Bruni, in his last review for the Times, gave the place high marks:
"[The Redhead] sharply reflects a few of the most prominent and rewarding developments in Manhattan dining over the years during which I’ve had the privilege of serving as The Times’s restaurant critic.
Now more than ever, diners find principled, distinctive cooking in places where they wouldn’t have expected it before: dessert trucks, baseball stadiums, postage-stamp storefronts, wine bars, taverns and cocktail lounges. In fact the Redhead...exemplified the possibility of terrific eating with untraditional trappings and captured the sense of gastronomic serendipity that defines this culinary moment.
There isn't a set closing date just yet. The Redhead will be open for a New Year's Eve service/celebration.