I spoke with someone who had been chatting with a member of Spice's senior management and supposedly the restaurant is planning on retooling and reopening. Reportedly there still is money in the bank, but the current business model was hemorrhaging cash during the slow winter months, so the decision was made to stop the bleeding sooner rather than later.
Carrie Saldo has a report on WAMC with an on the record interview
with the restaurant's owner Joyce Bernstein that pretty much confirms the main points.
I take all of this retooling talk with a grain of salt (pun intended) but it is certainly possible that "downscaling" the menu and the prices are what's in the works. Who knows? I don't.
What irks me is that if this is truly just a hiatus, why did they close so abruptly, screwing all the employees with no notice? *That* makes me wonder about management's integrity and their honesty with the press.
Are they really planning on reopening or are they simply trying to deflect criticism? Only time will tell.