A staple on the downtown New Milford restaurant scene is now history.

59 Bank owners Arthur and Julia Michaelsen closed the restaurant after business hours Saturday, Dec. 21 following 11 years on the corner of Bank and Railroad streets.

"We're moving on," Arthur Michaelsen said. "Hopefully, the restaurant is sold. We want to thank the town of New Milford and area communities for their support and patronage over the years. We've loved being here."

The Michaelsens, who also own Bartolo restaurant in Ridgefield, are keeping their Ridgefield eatery open. Michaelsen said it was getting to be too much running two locations.

He declined to say if there is a potential new owner for 59 Bank St. He said it would most likely be a few months before the site opens under new ownership and with a different decor.

Over the years, 59 Bank was the home for open microphone performances by area musicians.

New Milford's economic development supervisor, Luigi Fulinello, said it is "disappointing" to hear news of 59 Bank's closing.

"The town will be partnering with the building's landlord to fill that space," Fulinello said. "We will be encouraging a new restaurant to open there."