UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~August~~February 95, ~~2006~~2007

The Smith & Wollensky Restaurant Group, Inc.

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation)	001-16505 (Commission File Number)		58-2350980 (IRS Employer Identification No.)
880 Third Avenue New York, New York (Address of principal executive offices)		10022 (Zip Code)
	(212) 838-2061 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.0205. ~~Results~~Costs ofAssociated ~~Operations~~with ~~and~~Exit ~~Financial~~or ~~Condition~~Disposal Activities.

OnAs ~~August~~of 9January 31, ~~2006~~2007, La Cité Associates, L.P. (“Cité Associates”), a subsidiary of The Smith & Wollensky Restaurant Group, Inc. (the “Company”), ~~issued~~entered into a ~~press~~Settlement ~~release~~Agreement ~~describing~~and ~~selected~~certain ~~financial~~related ~~results~~documents with Rockefeller Center North, Inc., the landlord (“Landlord”) of the ~~Company~~restaurant ~~for~~space occupied by the ~~quarter~~Cité restaurant (“Cité”) in New York City. The Settlement Agreement, among things, settled the lawsuit in which the Landlord alleged that Cité Associates was obligated to pay, but had not paid, percentage rent since January 1, 2001, with the Landlord acknowledging that Cité Associates was not, and ~~six~~to ~~months~~the ~~ended~~end ~~July~~of 3the original lease term (i.e., ~~2006~~September 30, 2009) will not be, obligated to pay any percentage rent. In Aaddition, ~~copy~~unrelated to the lawsuit, on January 31, 2007, management of the ~~press~~Company ~~release~~adopted isa ~~attached~~plan asto ~~Exhibit~~close 99Cité to the public on April 2, 2007.1 The Company decided to ~~this~~close ~~Current~~Cité ~~Report~~because onit ~~Form~~was 8unable to achieve a level of income from operations that was in line with the Company’s expectations. Pursuant to the Settlement Agreement, Cité is required to make a one-Ktime settlement payment to the Landlord of $85,000 and iswill ~~incorporated~~then ~~herein~~receive its $100,000 letter of credit posted with the Landlord as a security deposit under the lease. Cité Associates also agreed to terminate its lease for Cite and vacate the premises by ~~reference~~April 6, 2007.

OnThe ~~August~~Company 9,estimates ~~2006~~that the ~~Company~~total ~~held~~cash acharges ~~conference~~for ~~call~~closing toCité ~~discuss~~will ~~the~~be ~~selected~~between ~~financial~~approximately ~~results~~$100,000 ofand ~~the~~$150,000 ~~Company~~relating ~~for~~to ~~the~~employee ~~quarter~~severance and ~~six~~benefits. ~~months~~The ~~ended~~Company ~~July~~expects 3,to ~~2006.~~incur Anon-cash ~~copy~~charges of approximately $750,000 relating the ~~transcript~~acceleration of ~~the~~depreciation ~~call~~of isCité’s ~~attached~~net asfixed ~~Exhibit~~assets ~~99.2~~through tothe ~~this~~closing ~~Current~~date. ~~Report~~The ontotal ~~Form~~cash 8and non-Kcash ~~and~~charges relating to the closing of Cité is ~~incorporated~~expected ~~herein~~to bybe ~~reference~~between approximately $850,000 and $900,000. The ~~transcript~~Company ~~has~~expects ~~been~~to ~~selectively~~amend ~~edited~~this toreport ~~facilitate~~if ~~the~~it ~~understanding~~determines ofthat estimates for charges associated with the ~~contents~~closing of Cité will vary materially from the ~~conference~~estimates ~~call~~provided in this report.

Item 95.0102. ~~Financial~~Departure ~~Statements~~of ~~and~~Directors ~~Exhibits~~or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c)	Exhibits
	99.1	Press Release of The Smith & Wollensky Restaurant Group, Inc. dated August 9, 2006
	99.2	Transcript from the earnings conference call of The Smith & Wollensky Restaurant Group, Inc. held on August 9, 2006

In the first week of January, the following bonuses were paid to the Company’s executive officers for their services rendered to the Company during 2006:

The information in this Current Report on Form 8-K and the Exhibits attached hereto shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

Executive Officer

Title

Bonus

Amount

Eugene I. Zuriff

President and a Director

$60,000

Samuel Goldfinger

Chief Financial Officer, Executive Vice President of Finance, Treasurer and Secretary

$50,000

In addition, Mr. Goldfinger’s salary was increased from $170,000 to $190,000 commencing on January 2, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~The~~THE ~~Smith~~SMITH & ~~Wollensky~~WOLLENSKY ~~Restaurant~~RESTAURANT ~~Group~~GROUP, ~~Inc~~INC. By: /s/ Samuel Goldfinger Samuel Goldfinger Chief Financial Officer, Executive Vice President of Finance, Treasurer and Secretary

Date: ~~August~~February 135, ~~2006~~2007

Index to Exhibits

Exhibit No.	Description of document
99.1	Press Release of The Smith & Wollensky Restaurant Group, Inc. dated August 9, 2006
99.2	Transcript from the earnings conference call of The Smith & Wollensky Restaurant Group, Inc. held on August 9, 2006

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