ModernHaus Soho Hotel getting new restaurant | Business

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ModernHaus Soho Hotel getting new restaurant – Business News

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A big new restaurant from two completed industry professionals is coming to the ’ ModernHaus Soho Hotel — 10,000 square-foot Selene by Kyma.

It’s a partnership of James Ragonese, previously of LDV Hospitality, and Reno Christou, co-founder of the Kyma Greek restaurant group.

The long-vacant space at 23 Grand St., close to the foot of Sixth Avenue, acquired “dozens’ of competitive offers,” in line with Meridian Capital Group’s James Famularo, who repped landlord Thor Equities along with his firm’s Jacob Mayer. Meridian’s Justin Bustamante repped the tenant.

The new restaurant coming to Modernhaus Soho’s menu will probably be seafood-driven. Google

The asking rent was $90 per sq. foot.

The new eatery can have a seafood-driven menu. Famularo mentioned, “The pedigree, concept and vision behind Selene made them the clear choice.”

Kyma has areas in Flatiron, Hudson Yards, Roslyn L.I., and West Palm Beach.

Kyma’s location in Roslyn, NY. Google

Thor chairman Joseph Sitt known as the deal “a win for the neighborhood, the hotel and New York’s hospitality community as a whole.”

The ModernHaus was initially referred to as the James. Thor purchased the property in 2017 however needed to close it during the pandemic.

A rendering of the rooftop of Modernhaus Soho.

Thor efficiently refinanced the property with a $53.5 million loan secured by means of Argentic.

Another week, one other Midtown workplace building to fully fill up.

This one’s SL Green’s 919 Third Ave., which reached 100% occupancy due to a 66,100 square-foot enlargement by the New York State Office of General Services. The 15-year lease brings the OGS to 117,390 sq. toes within the tower.

919 Third Ave. is now 100% occupied. G.N.Miller/NY Post.

Other tenants on the 1.5 million square-footer embrace Bloomberg LP, which renewed and expanded to 925,000 sq. toes final 12 months, in addition to Schulte Roth & Zabel. But it’s best recognized to the public as home to fabled restaurant P.J. Clarke’s on the East fifty fifth Street nook.

OGS was repped by a CBRE group together with Stephen B. Siegel and Liz Lash. SL Green was repped by a completely different CBRE group led by Robert Alexander and Ryan Alexander.

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