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An Albuquerque landmark known for its juicy steaks, 70s-era decor and dim lighting is closing.

Paul’s Monterey Inn will close on Saturday, after more than four decades in business, a manager at the restaurant confirmed Thursday.

“It’s a sad week I’ll tell you,” said owner Eric Larson, whose father Paul Larson opened the restaurant at 1000 Juan Tabo NE in 1971.

It still specializes in a menu worthy of Frank Sinatra’s hey-day, with hefty steaks, fried chicken platters and jumbo shrimp cocktail.

Gil’s Thrilling (and filling) Blog, which covers restaurant news, called Paul’s “an anachronism — a throw-back to a bygone era in which the template for steakhouses meant a dimly lit, smoky ambience with rich leatherette seating which swallowed up diners.”

Larson said there were several reasons for his decision to close. He has been seriously ill and has undergone several surgeries, plus business has been down.

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“It’s a real struggle for us few independents that are left<” Larson said. He wants to thank all his “loyal repeat customers” and his 32 employees, some of whom have worked at Paul’s for more than 30 years.

On Saturday, the restaurant will be open from 11a.m. to 2 p.m. for lunch and from 5 p.m. to 10 p.m. for dinner.

Larson recommended making reservations for Paul’s last day by calling 294-1461.