Grimaldi's Given Time to Raise Dough

The world famous pizza joint has at least another year in Brooklyn.

By Katy Tur
|  Saturday, Aug 14, 2010  |  Updated 9:13 AM EDT
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Grimaldi's Given Time to Raise Dough

Grimaldi's Coal Brick Oven Pizzerria

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Brooklyn pizza lover's can let out a huge sigh of relief, at least for a little while, as Grimaldi's, the world famous pie store under the Brooklyn Bridge was granted a reprieve on Friday, allowing it to stay put.

A Brooklyn Judge is giving owner Frank Ciolli until Monday to pay all of the overdue rent, which is reportedly around 44 thousand dollars.

When asked about the verdict, Ciolli told NBCNewYork, "We won the case. We feel great". He says he has the money all ready to go for the landlord.

That landlord, Dorothy Waxman, was trying to get her popular tenant thrown out of their Old Fulton Street digs after, she says, they repeatedly failed to pay rent on time.

But Waxman's allegations have puzzled a lot of people, considering Grimaldi's consistently has lines down the block, during every hour they are open.

Since, its an all cash operation, customer's like Christopher Clawson, who lives in Park Slope, called the pizzeria "a giant cash register."

He says he has a hard time figuring out how the famed restaurant could possibly have a hard time paying its rent.

Reprieve or not, Grimaldi's lease is up in November, 2011. It's unclear if Waxman will consider letting Grimaldi's re-up. If not, the shop will move to the new Manhattan location Ciolli is currently in the process of opening.

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