Celebrity chef Todd English is the final tenant to join Jared Kushner’s retail condo at Times Square.
The American Market by Todd English will take 11,970 square feet at 229 West 43rd Street in a deal that leases up the last of the 250,000-square-foot retail condo, the New York Post reported. Outstanding Hospitality Management Group, a company that works with the celebrity chef, inked a 15-year lease for the space. The rent was not immediately available, but the average asking rents for ground-floor space in Times Square is $2,363 per square foot, according to the Real Estate Board of New York.
In June, Times Square Attractions Live signed a lease for 59,137 square feet at the retail condo. The company plans to open a National Geographic-branded “immersive experience” to the space. E&M Associates [TRDataCustom] plans to build a 49,000-square-foot miniatures tourist attraction known as Gulliver’s Gate at the Times Square building.
Chase Welles and Alexandra Escobar of The Shopping Center Group represented Kushner in the deal with English. Greg Smith and Kelly Simek of JRT Realty Group represented OHM Group.
Kushner bought the retail condo for $296 million in 2015. English, who started Olives in Boston in 1989, is best known for his cookbooks and a slew of concept restaurants. [NYP] — Kathryn Brenzel