Captain John’s, the famous restaurant on a boat that has been docked at the foot of Yonge Street since 1975, has been forced to shut down operations.
The boat’s water supply was shut off on Tuesday.
The Toronto Port Authority (TPA) has a possessory lien on the once-popular tourist attraction, vice-president and CFO Alan Paul told CityNews.ca
Paul said the TPA had a month-to-month arrangement with owner John Lutnik and is owed charges. Paul also said that Captain John’s owes the city more than $500,000 in property taxes.
“The Port Authority…expects to be paid,” Paul wrote in an email.
Lutnik told CityNews he was disappointed with the decision and is hoping to find a buyer.
Lutnik, 73, has lived on the boat for decades. He first put the floating restaurant on the market in early 2010. Earlier this year, Lutnik told CityNews.ca the boat was still up for sale, and that he planned to remain in the city once the sale was complete.
The boat will likely have to be towed away from the waterfront site, as all connections from the bridge to the engine room have been severed and the boat cannot move under its own power.
Waterfront Toronto, an agency funded by federal, provincial and municipal governments, is involved in a 25-year, $625 million project to revitalize the area near the mouth of the Don, including the West Don Lands and central waterfront.