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Why Lisa Vanderpump Is Closing Her Famed L.A. Restaurant Pump for Good

2024-12-25 13:13:15 source:lotradecoin leverage trading explained Category:Markets

It's the end of an era for Vanderpump Rules fans.

Lisa Vanderpump is closing her famed West Hollywood restaurant Pump for good.

"It's with heavy hearts that we announce that the lease at Pump Restaurant is expiring," the Bravo star told E! News on May 4, "and we will be closing its doors on July 5th after 10 years of beautiful evenings under our olive trees."

As for the reason why? TMZ reports Lisa's landlords raised their yearly rent to a whopping $1 million.

"While we have loved our time operating Pump, to take on another 10-year lease with a huge increase in rent by the landlords, is not something we are ready to commit to," the 62-year-old restauranteur added. "After successfully running 37+ establishments for many years, this type of rent is untenable."

Lisa concluded, "Thank you for the past decade of support, we have loved our staff, our patrons and our time together."

Pump opened down street from Lisa's SUR restaurant in 2014 and quickly became a hotspot for celebrity Bravoholics, including Lady Gaga, Miley Cyrus and Jennifer Lawrence.

Pump has also been featured many times on both The Real Housewives of Beverly Hills and Vanderpump Rules.

Lisa's restaurant TomTom—co-owned by Tom Sandoval and Tom Schwartz—is also just a few doors down on the same block.

Despite the eatery's closing, Lisa reportedly has new business ventures on the horizon. A source told TMZ she's opening two more restaurants at Caesars Palace in Las Vegas.

Lisa already has one Sin City location—Vanderpump à Paris—at the same resort.

Keep scrolling to see all of Lisa's famous friends.

Vanderpump Rules airs Wednesdays at 9 p.m. on Bravo.

The Grammy-winning singer hits up Pump Lounge in West Hollywood in August 2015 to hang out with LVP herself.

LVP and the "Wrecking Ball" singer got wild with some furry friends at TomTom back in March 2019. "Doggy style @tomtom with @mileycyrus tonight," Lisa wrote on IG. LOL!

Everyone's favorite couple recreate Schwartz and Sandoval's kiss during dinner at TomTom.

When J.Law met Giggy! The Oscar winner and a group of gal-pals dine at Pump lounge and even got a special greeting from Ken Todd.

Lisa is BFFs with the 'N Sync singer and he even has his own West Hollywood bar and restaurant on the same block as Lisa's two hot spots.

Drake had the honor of meeting Lisa's beloved pup Giggy while dining at SUR.

The Heroes actress paid a visit to Vanderpump Dogs in March 2017.

Like Chrissy and John, the American Crime Story actor and his wife couldn't pass up the opportunity to recreate the Toms' famous kiss.

Dakota Fanning didn't just stop by TomTom—she went for a ride in Tom Sandoval's famed sidecar!

Paula Abdul and Lisa have hung out a number of times over the years. She even attended the Overserved star's 53rd birthday celebration!

Lisa and Giggy pose for a picture with the Very Cavallari star in 2013.

The actor has hosted Lisa's Vanderpump Dog Foundation Gala. Here, they pose on the red carpet in 2017.

Lisa and the TV personality are longtime pals!

Cohen isn't just Lisa's Bravo boss, he's also a fan of her and her many furry friends.

(E! and Bravo are both part of the NBCUniversal family)

Peacock is live now! Check out NBCU's streaming service here.