21 Club Sold for $21 Million

The 21 Club, where the elite have met to eat since Prohibition, has been sold to two businessmen for a “nice, round” $21 million, but former owner Jerry Berns said business at the iron-gated restaurant will continue as usual.

Berns and his partners, H. Peter and Florence Kriendler, transferred their shares Wednesday to Marshall Cogan and Stephen Swid, longtime patrons. They celebrated the deal over dinner at the club, which has fed and watered the rich and famous since it opened in 1930 in a brownstone off Fifth Avenue.