While I've liked Lovell's the handful of times I've been there, I've never thought that the dishes were worth the price. Since the restaurant has to be on some very high-priced real estate, it is likely that Jay Lovell can't open his new restaurant concept on that property and have it pay, since it sounds like the new restaurant will probably have lower price points (just guessing there, based on what I've read of the concept). Otherwise, I would have thought that he would have just reconcepted the current restaurant instead of opening in a different space.
John Danza