No grand slam dunk, as Denny’s courts Tribeca residents

Ubiquitous restaurant operator in struggle to open first NYC franchise

Feb.February 14, 2014 02:21 PM

In its ongoing battle to open a restaurant at 150 Nassau Street, Denny’s held an information session last week with Tribeca residents in an effort to calm concerns over its planned move to the neighborhood in May.

The Seaport/Civic Center Committee for Community Board 1 is slated to review the breakfast restaurant’s application for a liquor license Monday as part of an advisory review.

After settling a $10 million lawsuit from an angry condominium board in December, Denny’s decided to proceed with plans for its first restaurant in the city, having recently applied for a full liquor license. The condo board of the landmarked 24-story building at 150 Nassau Street filed suit in June to block the restaurant chain from operating at the site’s commercial space, as The Real Deal reported.

The case was subsequently “discontinued with prejudice,” meaning that the board cannot a file another suit that makes the same claims. The Babaev Group owns the commercial space.

“Because of the Financial District and the demands of the Financial District in the local office population and so forth, that’s what dictated to serve liquor,” said Gurbax “Ray” Marwah of Denco, which owns 24 Denny’s franchises. [Tribeca Trib]Mark Maurer

Related Articles

Tribeca neighbors locked in a protracted legal dispute over access to an alley, 5 Franklin Place, raise questions about city agencies’ actions after lobbying. (Credit: Google Maps, Wikipedia Commons, iStock)

In Tribeca, an alley fight for the ages

Meryl Streep, 92 Laight Street and Kenneth Tropin (inset) (Credit: Getty Images and Google Maps)

Hedge funder Kenneth Tropin is buyer of Meryl Streep’s Tribeca pad

Rumble's Chelsea location at 146 West 23rd Street, Noah Neiman and Brian Ripka (inset) (Credit: Getty Images and Google Maps)

The gloves are off: Another lawsuit for boxing chain Rumble

250 Church Street with Normandy’s founding partners Jeff Gronning, Finn Wentworth and David Welsh (Credit: Google Maps, Normandy)

Columbia, Normandy close on $205M purchase of 250 Church Street

Caspi Development’s Joshua Caspi, Core Asset Management’s James R. Parks, Hana Financial Investment’s Lee Jin-Kook, and 456 Greenwich

Goodbye bankruptcy, hello construction loan: Breakthrough for Tribeca hotel project

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

HAP Investments CEO Eran Polack and 65 Franklin Street (Credit: Google Maps)

HAP Investments secures $94M construction loan for Tribeca condo project

Tribeca clock tower may be converted into penthouse, appeals court rules

Tribeca clock tower may be converted into penthouse, appeals court rules