House-to-restaurant conversions growing in popularity  

A perennial real estate story is how buildings adapt with the changing tastes and needs of the people that use them. Office-to-resi conversions have been a buzzy topic of late, but there’s another conversion concept on the rise: house-to-restaurant conversions. It’s a trend growing in popularity around the U.S., according to the New York Times. […]

The post House-to-restaurant conversions growing in popularity   appeared first on The Real Deal.

Dolan eyes auction for Tao nightclub and restaurant chain

Madison Square Garden Entertainment honcho James Dolan is considering selling his controlling stake of the Tao nightclub and restaurant chain. MSGE retained Goldman Sachs to solicit bids in an auction for the Tao Group, the New York Post reported. The chain operates 32 restaurants and upscale clubs in New York City, along with venues across the globe. Sources told the outlet Dolan could be looking to close a $600 million gap in his construction project

The post Dolan eyes auction for Tao nightclub and restaurant chain appeared first on The Real Deal New York.

Daniel Boulud lands at SL Green’s One Madison Avenue

SL Green landed another tenant at One Madison Avenue, one who will serve tenants and pedestrians alike. Chef Daniel Boulud signed several leases to operate a variety of spaces at the Midtown South office tower, the landlord announced Monday. Terms of the leases were not disclosed. Boulud will operate two spaces on the ground floor, combining to span 16,000 square feet. One will be a French-inspired marketplace with convenient dining options and a Parisian grand

The post Daniel Boulud lands at SL Green’s One Madison Avenue appeared first on The Real Deal New York.

Judge to Solil: Hands off Danny Meyer’s Maialino

One pan, two pan, red pan, blue pan. Danny Meyer can finally take inventory at his original Maialino, now that he’s allowed back inside it. A judge has granted the restaurateur 30 days of access to his closed eatery on the ground floor of the Gramercy Park Hotel. Meyer still can’t remove anything, though. The ruling is the latest development in a legal battle between Meyer’s Union Square Hospitality Group and New York City real

The post Judge to Solil: Hands off Danny Meyer’s Maialino appeared first on The Real Deal New York.

Restaurateur firing up dormant space in Midtown’s Quin hotel

Restaurateur Simon Oren is the latest to take a stab at cracking the code at The Quin hotel’s dormant eatery space. The Tour de France Group managing partner signed a roughly 9,800-square-foot lease at 101 West 57th Street, the New York Post reported. The space at The Quin, a Hilton Club hotel, previously housed Wayfarer, which shuttered during the pandemic, and Wolf’s Delicatessen. Oren claimed to the outlet the deal was in the works for

The post Restaurateur firing up dormant space in Midtown’s Quin hotel appeared first on The Real Deal New York.

Danny Meyer’s Gramercy Park Hotel restaurant sues Solil

A food fight is breaking out at the Gramercy Park Hotel. At least it would if Danny Meyer could get into his restaurant there. Meyer’s Union Square Hospitality Group has sued Solil Management for refusing access to Maialino at the ground floor of the hotel, 2 Lexington Avenue. The once-bustling eatery has been caught in a battle between two prominent landlords. The case traces back to 2003, when Aby Rosen’s RFR Holdings took over the

The post Danny Meyer’s Gramercy Park Hotel restaurant sues Solil appeared first on The Real Deal New York.

Developer duels Meyer Equities over Garment District rooftop bar

A developer is blaming the owner of a Garment District building for construction delays at the property’s planned rooftop eatery. Foremost Real Estate’s Dan Shavolian filed a lawsuit against 469 Holdings for $3.5 million, according to the Commercial Observer. The dispute is over the rooftop eatery Shavolian is attempting to open at Meyer Equities’ 469 Seventh Avenue. In the suit filed Thursday in New York County Supreme Court, Shavolian alleges that building owners Martin and

The post Developer duels Meyer Equities over Garment District rooftop bar appeared first on The Real Deal New York.

Croman sues White Horse Tavern owner for $650K back rent

Landlord Steve Croman, typically on the receiving end of lawsuits, stepped into the plaintiff’s position this week, suing the operator of the historic White Horse Tavern for back rent. Bar owner Eytan Sugarman is on the hook for over $650,000 and counting after struggling to make payments through much of the pandemic, the lawsuit claims. A ledger of the tenant’s payment history shows Croman helped Sugarman by offering a monthly concession that covered half his

The post Croman sues White Horse Tavern owner for $650K back rent appeared first on The Real Deal New York.

Blackstone’s 8 Spruce sues tenant over alleged pop-up restaurant

No amount of crabs with salmon roe will save a pop-up dinner business owner from eviction, so long as those in charge at 8 Spruce Street gets its way. Beam Living, which manages the luxury apartment building in the Financial District, is suing to have Carlos Gasperi removed from his 75th-floor unit, Crain’s reported. The building manager alleged Gasperi, who owns a speakeasy dining concept that operates out of several spots in the city, has

The post Blackstone’s 8 Spruce sues tenant over alleged pop-up restaurant appeared first on The Real Deal New York.