Leases  ·  Retail

Eatery Restaurant Stays in Hell’s Kitchen, Moves Up the Block

reprints


788 Ninth Avenue.
788 Ninth Avenue.

Hell’s Kitchen restaurant Eatery is moving up the block in Hell’s Kitchen, Commercial Observer has learned.

After 15 years at 798 Ninth Avenue between West 52nd and West 53rd Streets, the casual American eatery is moving closer to West 53rd Street on the same block in a 15-year lease at 788 Ninth Avenue.

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Eatery has taken 1,400 square feet on the ground floor plus basement space at the six-story residential condominium building, replacing the now-shuttered Q2 Thai. The asking rent was $23,000 per month, according to the Eastern Consolidated listing. The restaurant plans to open at its new digs in September.

Eastern’s James Famularo and Jeff Geoghegan represented the owner, a private investor, and Eastern’s Ravi Idnani represented Eatery, which is seeking to relocate because its current lease expires in a few months.

“The location was sought after by many restaurant groups because a restaurant with a fully vented kitchen previously occupied the space,” Mr. Famularo said in prepared remarks. “The ownership thought the Eatery was a good fit because it’s been a neighborhood treasure for 15 years and the restaurant was committed to operating on the block for another 15 years.”

Mr. Idnani added: “The owners of the Eatery passed on other locations but when my colleagues at Eastern got this listing from the owner, they jumped on it and we got the lease signed in three weeks.”