Despite predictions that January would bring the closings of the Bow and Arrow Pub and Dunkin' Donuts, both have received a brief reprieve.
The doors of the two Harvard Square icons will remain open through February, but after completion of extensive renovations, the future of the stores remains uncertain.
The property, which is owned by the Harvard Cooperative Society but is currently controlled by the development company, IDM Inc., is undergoing extensive remodeling. IDM hopes to find a single occupant to simplify the property's lease.
Both the Bow and Dunkin' Donuts leases on the property are only being renewed on a monthly basis.
"The developers have not found a tenant yet, but there are a lot of people that are interested from small businesses to big ones," said Coop President Jeremiah P. Murphy Jr. '73. "The developer has the rights to sign the tenants, but we have to put to final approval on the lease."
The two Square institutions became well-known after they were featured locales in the 1998 movie, Good Will Hunting.
Both of the present establishments want to stay in the Square after the renovation but are somewhat pessimistic about their prospects.
"I don't know if we'll be moving back in--I've been told they're looking for a single tenant for the whole space, that's more than we could handle," said Peter Wheson, general manager of the Bow.
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