An Italian restaurant owner announced that he was closing up shop after doing business for over a decade in downtown San Francisco, according to a local news report. 

"After almost 14 years in San Francisco's Financial District, it is unfortunately time for BARBACCO to close its doors," the restaurant wrote in an Instagram post Saturday. "We hoped 2023 would be the year the neighborhood returned to the way it was pre-pandemic, however that hasn't been the case. We appreciate each of you for allowing us to serve you over the years, whether it was lunch with coworkers, a date night after a long day, or a meal at one of our many pasta dinners."

The owner of Barbacco told CBS News Bay Area that his business had been suffering for a long time. 

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"It was in my mind already, because I noticed that we were just bleeding, and again I didn't want to believe it," restaurateur Umberto Gibin said. "I didn't see the volume that we need even to break even, for that matter."

Gibin said that while he did not want to give up on Barbacco, the business was no longer sustainable. 

"You don't want to give up," he said, telling CBS News Bay Area that "you always hope that there is a new day until you realize that you need to look at the numbers and the bank account and you say, 'Well, I don't think this is sustainable.' So, as hard of a decision as it is, it is a reality."

"The San Francisco downtown office vacancy rate is sitting around 30%," according to the outlet. 

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San Franciscans have been divided over rising crime and faltering businesses. San Francisco land use commissioner Alex Ludlum resigned in a scathing letter to Democratic Mayor London Breed in August after he reportedly advertised for a "doom loop" tour in the city to show the effects of crime and drug use.

But some San Franciscans are maintaining hope for the future of their city. 

"To be honest with you, as a native San Franciscan and knowing what's going on downtown I wasn't surprised, but it's very sad," Laura Rotbert, a diner at the neighboring restaurant Perbacco, told CBS News Bay Area. "However, I'm optimistic for the future of downtown San Francisco." 

Barbacco did not respond to a request for comment from Fox News Digital.

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Denver Broncos veteran offensive lineman Garett Bolles appeared to be distraught following his team’s blowout loss to the Miami Dolphins.

Bolles told reporters from his changing station he was frustrated with the losses piling up. He has been with the Broncos since the 2017 season and has yet to play in the playoffs. Denver has not made the postseason since 2015, when they won the Super Bowl, and are now 0-3 to start 2023.

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"S---," he replied when asked what some of the emotions were going through his head.

"I’m tired of losing, man. Been here for seven years and all I’ve done is lost and it’s frustrating," he told 9 News. "But at the same time, I know the dogs we have in our room. I know the dogs we have up front. I know the people we have in this facility, this organization. And we have winners – we do.

"We gotta figure it out. We gotta figure it out the hard way. But sometimes, when you hit rock bottom, you can’t keep going down. You gotta go up. The last three games – I thought that we battled. I thought we gave everything that we needed to give and we came up short. Today, it was just one of those fluky games."

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Bolles expressed love and gratitude for his teammates and coaches regardless of the outcome on the field.

Miami won the game 70-20. The Dolphins hung 726 yards of total offense on the Broncos. Denver had 59 plays and mustered 363 total yards but only scored 20 points. Denver was down 35-13 at the half.

"We knew we were playing a real good offense but we've got to look closely at what we were doing," Broncos coach Sean Payton said. "When somebody runs the ball up and down the field like those guys did, and throws it up and down the field, it's not acceptable."

Denver plays fellow 0-3 squad Chicago Bears next week.

The Associated Press contributed to this report.