Two attorneys from Pillsbury’s Real Estate practice have recently concluded the leasing of the marquee ground floor retail space in a soon-to-be-opened New York City building at 1245 Broadway to a renowned restaurateur. On behalf of a joint venture formed by client Klövern AB of Sweden with New York-based GDS Development Management, partners Andrew Weiner and Christian Buerger negotiated the lease of the ground and lower levels of the 23-story office building.
Celebrity chef, entrepreneur, author and educator Matthew Kenney, who owns more than 40 restaurants in 20 cities on five continents, will open a full-service, plant-based restaurant and brasserie in the space. The restaurant will feature a “plant-based” cuisine. In a sign of the pandemic times, the restaurant will offer in-office catering to tenants of the building. Kenney is also a firm client.
Kenney’s other New York City dining ventures include Sestina Pasta Bar, Double Zero, Sutra, Xyst, Hungry Angelina and Casse-Cou Chocolate. He has written 12 cookbooks and, in addition to restaurants, has founded Matthew Kenney Cuisine and MKC’s Food Future Institute.
1245 Broadway is the first of four Manhattan properties under development by the joint venture, and the subject lease is the first signed lease. The firm has handled the acquisition and financing and has been engaged to handle the lease-up of the portfolio.