NEW YORK - After 60 years in business, Tad's Steakhouse will serve its last meal in the city next year.

The cafeteria-style chophouse near Times Square is closing on January 5.

The restaurant is known for being a casual, quick, and affordable place to get a steak.

"I'm so sad. Every year since I've been a kid, I'd come with my parents for my father's birthday," said one Tad's fan.

There used to be more than two dozen Tad's Steakhouses across the country, with several here in the city.

Once the Times Square location closes, the only ones left will be in San Francisco.