Restaurant Le Colonial returning to NYC’s midtown – Business News
When restaurant Le Colonial returns to town in the summertime of 2027 at Vornado- and LeFrak-owned 50 W. 57th St., it received’t come a day too quickly for the long block between Fifth and Sixth avenues that’s been too long blighted.
The widespread French-Vietnamese restaurant that was as soon as on East 57th Street is returning after a 10-year absence. It will change Mangia, which moved throughout the road.
French-Vietnamese restaurant Le Colonial will return to Midtown in 2027 when it opens at 50 W. 57th St. Vornado Realty Trust
Gary Trock, previously of CBRE and now at his own firm, Retail Advisory Services, represented Le Colonial together with associate Sam Botel. Trock mentioned it’s going to have 9,600 sq. toes on three indoor ranges in addition to sidewalk seating. The asking rent was a blended $125 per sq. foot, he mentioned.
It will likely be designed in the identical elegant-tropical fashion as the unique Le Colonial and at different places together with Chicago, Houston and Delray Beach. The proprietor is the model’s founder, Rick Wahlstedt, and nightlife legend Frederick Lesort is a associate, Trock mentioned.
Le Colonial’s now-shuttered location at 149 E. 57th St. Google Maps
But west of Bergdorf Goodman, the 900-foot long block appears more empty than full, due to large, wheel-spinning development websites owned by Soloviev, Vornado and Jeffries Morris.
Turkish developer Sedesco has demolished buildings on the block’s north aspect at 37-47 W. 57th however has but to file plans with the Department of Buildings.
