My sources tell me that it has been sold to Happy Harbor. They are also in the process of getting permits for remodeling. These two factors have resulted in the removal of at least 1/3 of the items from the menu (literally using a black marker to cross out items on their menu).
Staff morale and attendance is way down. I went there on a Friday night. Only about 1/5 of the seats were taken. However, the remaining food items were still very tasty.