Applebee’s becomes second chain restaurant to secure Harlem plot this year

TRD New York /
May.May 31, 2012 12:30 PM

Applebee’s, the national chain eatery, is slated to open in East Harlem this fall, which now marks a trend of national franchises opening shop in the Harlem area, New York Magazine reported. The restaurant will be located at 509-513 East 117th Street, a vacant lot just off the FDR Drive and will be LEED certified. The asking rent, taking rent and brokers were not mentioned.

This Applebee’s location will be the fourth in Manhattan, but the second national restaurant set to open in Harlem since February. Red Lobster will be moving into a space next to the Apollo Theater on 125th Street that has not yet been constructed. Though Red Lobster submitted its liquor license application this month, its opening date is still unclear. Applebee’s metro-area locations typically gross double the profits of the chain’s national average, New York said. [NY Mag] and [Harlem + Bespoke]


Related Articles

arrow_forward_ios
From left: 21 Montrose Avenue in Williamsburg, 1480 Amsterdam Avenue and 520 West 136 Street in West Harlem and 208-212 West 141st Street in North Harlem (Google Maps)

Week’s mid-market sales run gamut from $80 to $500 psf

Week’s mid-market sales run gamut from $80 to $500 psf
Gary Barnett and 149 East 124th Street (Credit: Google Maps)

Extell’s plan for East Harlem development site revealed

Extell’s plan for East Harlem development site revealed
Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone
2041 Adam Clayton Powell Junior Blvd in Harlem (Credit: Google Maps)

Rent-stabilized portfolio in Harlem trades for $118M

Rent-stabilized portfolio in Harlem trades for $118M
From left: The Blau and Berg Company's Karine Blanc, TD and Partners' Nana Duncan and Lemor Development Group's Kenneth Morrison (Credit: Blauberg, TD+Partners and Lemor)

Black developers say partnerships aren’t always equal

Black developers say partnerships aren’t always equal
Corcoran's Tim Malone

Brokers in cabs: An interview with Corcoran’s Tim Malone

Brokers in cabs: An interview with Corcoran’s Tim Malone
(Video by Adam Pogoff)

Brokers in cabs: An interview with Bohemia Realty Group’s Sarah Saltzberg

Brokers in cabs: An interview with Bohemia Realty Group’s Sarah Saltzberg
Gale Brewer proposes women’s jail at Lincoln Correctional Facility (Credit: Getty Images and iStock)

Gale Brewer wants to turn “prime, trophy real estate” into women’s jail

Gale Brewer wants to turn “prime, trophy real estate” into women’s jail
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...