Last night, he went before the CB3/SLA committee and revealed his plans. (He never responded to our requests for an interview.) According to a report by Claire Nugent at Eater, the committee approved his plans to open "a new restaurant/tavern offering local, regional cuisine."
He is teaming with Barbara Sibley, the owner of La Palapa next door. Per Eater:
They said they hope their restaurant will echo the restaurants that have disappeared, with a menu offering those foods New Yorkers "miss" like Shepard’s Pie and fish 'n’ chips.
Ehrlich reportedly didn't win the rights to keep the Holiday name.
Updated 11:50 a.m.
Grub Street has more. Sibley, who will manage the space, said, "We're going to try to preserve as much of the history as possible."
Previously on EV Grieve:
The founder of Pirate's Booty is taking over the Holiday Cocktail Lounge
Why the future of the Holiday Cocktail Lounge may be in doubt