Danny Meyer planning 20K sf restaurant at Manhattan West

Lease would be for more than 15 years

Jun.June 01, 2018 08:30 AM

5 Manhattan West and Danny Meyer

Danny Meyer is planning to bring a restaurant that spans 20,000 square feet to the Manhattan West complex.

The restaurateur, who heads up Union Square Hospitality Group, is nearing a deal to sign a lease at the Brookfield Property Partners project, according to the Commercial Observer. The deal would include outdoor space and be for more than 15 years. No asking rent has been reported.

The six-building complex includes 250,000 square feet of retail space, including a 60,000-square-foot Whole Foods and a 26,400-square-foot Peloton in 5 Manhattan West. Brookfield Property Partners landed a $1.15 billion loan for the building from Landesbank Baden-Wurttemberg earlier this year.

Meyer will also have a footprint at the nearby Hudson Yards megadevelopment, with a Shake Shack outpost. He had been in talks to open a 40,000-square-foot food hall, which is now leased by celebrity chef José Andrés.

Meyer’s company recently inked a lease to move the Union Square Hospitality Group’s corporate offices to 853 Broadway by Union Square as well, where it will occupy 15,000 square feet. [CO] – Eddie Small

Related Articles

Brookfield Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Brookfield Property Partners CEO Brian Kingston (Credit: Brookfield, iStock)

2020 “will get a little better” after peak year for retail bankruptcies: Brookfield

Cadre founder Ryan Williams and Allen Smith

Cadre brings on former Four Seasons CEO as president

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

250th Issue

The Real Deal celebrates 250 issues

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline