RXR’s 75 Rockefeller Plaza lands Jack D’s – Business News
RXR’s 75 Rockefeller Plaza, its workplace flooring almost 100% leased, landed a massive and juicy retail tenant — Jack D’s Steakhouse, an open-flame eatery of almost 9,000 sq. toes.More than simply one other restaurant lease, the deal marks one other step ahead for the 627,000-square-foot tower, which went by means of a number of debt restructurings earlier than RXR head Scott Rechler introduced California-based hedge fund Farallon Capital Management in as a 49% companion earlier this 12 months.
The 210-seat steakhouse is owned by Christopher Dorrian, son of famed Upper East Side tavern proprietor Jack Dorrian, and Craig Pogson, a former companion in French boite La Goulue.
RXR’s 75 Rockefeller Plaza has landed Jack D’s Steakhouse, an open-flame eatery of almost 9,000 sq. toes. RXR
Jack D’s will open with an Art Deco design in late 2026 on 75 Rock’s West 52nd Street aspect.
The at the moment vacant space is subsequent door to American Girl Place.
The deal displays the Big Apple’s seemingly inexhaustible urge for food for purple meat, a phenomenon that has seen one giant steakhouse after one other open and thrive regardless of the food media’s preoccupation with vegan menus.
Jack D’s will open with an Art Deco design in late 2026 on 75 Rock’s West 52nd Street aspect. Ventana
The 15-year lease covers 8,619 sq. toes on the (*75*) flooring and three,175 sq. toes on a mezzanine. RXR was repped within the transaction by Cushman & Wakefield’s Michael O’Neill, Jason Greenstone and Taylor Reynolds and by Daniel Birney, Walter Rooney, and Heidi Steinegger in-house.
The tenant repped itself.
RXR managing director Bill Elder stated the restaurant “will bring energy” to the property. He famous that “premier properties in world-class locations like 75 Rock, which is now nearly fully leased, continue to outperform” the market.
Although some older leases at 75 Rock are for below-market values, not too long ago signed ones had asking rents above $100 per sq. foot.
Major tenants embrace Macrae, BasePoint and Guidehous.
