Billy Reed's gets a different owner

One the closest restaurants to Palermo Palm Springs has new (old) owners. The paper: "Twenty-five years to the day after selling Billy Reed's restaurant in Palm Springs, the original owners are getting it back. Robbie Lemley and Billy Reed Garner sold the iconic eatery on April 1, 1987, to Lee and Marti Spencer of Westlake Village.The duo sold the business and the name, “Billy Reed's,” but they maintained ownership of the property. The lease on the property expires today, and the Spencers — who also own two other restaurants —The Smoke House in Burbank and The Warehouse in Marina Del Rey — decided not to renew. Lemley, Garner and new business partner David Scott now own the business again. Lemley and Garner opened the restaurant in 1975. After working 14 to 16 hours a day for 12 years, Garner said he was ready for a break. The Victorian-style restaurant — featuring a coffee shop, dining room, bar, lounge and ballroom/entertainment area — is filled with antiques collected by Lemley and artwork created by Garner. The duo expanded the restaurant from its original 5,000 squarefeet to 12,500 squarefeet in 1983." Miss Penny Lane says: She loves going to Bille Reed's and pretending she's Miss Kitty in Gunsmoke.