From Luxury Listings NYC: It turns out restaurateur Simon Oren is not only talented in investing in food places, he’s also got a knack for investing in real estate.
The restauranteur behind such New York staples as Cafe D’Alsace, French Roast, Le Monde, Maison, Nice Matin, Pigalle, L’Express and Five Napkin Burger (among others), has just listed his townhouse at 121 East 79th Street for $18.5 million, according to city records. If he achieves even close to the asking price, he’ll be getting an incredible return on investment for the home, which he bought in 1997 for only $2.1 million. [more]