Ciccio Italian Cafe Inks in Soho

Ciccio’s, a new Italian café owned by first-time Italian restaurateur Giacomo Romano and an experienced American restaurant architect Sam Leung, will open its first location at Square Foot Realty-owned 190 Avenue of the Americas in the heart of Soho.

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Julia Maksimova of Square Foot Realty represented Ciccio’s in the deal. Howard Aaron and Aaron Gavios, also of Square Foot Realty represented the landlord in-house.

soho Ciccio Italian Cafe Inks in Soho

Ciccio’s will occupy 750 square feet of a mix-use building, with retail stores taking up the bottom floor and residential occupying floors two through six.  According to Ms. Maksimova there are currently two other stores occupying the space: Soho Organics, an upscale hair salon, and a no-name 25-year-old antique store.

The asking rent on the 10-year lease was $104 per square foot, and according to Mr. Gavios of Square foot Realty, they received a sum very close to the asking price. Mr. Giacomo and Mr. Leung were given four months free rent and were allocated $200 to upgrade their space, a space previously used by an antique store. There was no renewal option in the deal.

The new restaurant intends to specialize in Mr. Giacomo’s Tuscan cuisine in a family-friendly environment. The duo decided on the space between Vandam and Spring Streets to give their restaurant a more relaxed environment and offer a little taste of Italy.

“They wanted [their restaurant] to slow things down a bit, they didn’t want to be in an area with all of the hustle and bustle,” said Mr. Gavios, Tenant from Square Foot Realty. “This is a perfect street for that with the wide sidewalks and benches, it’s almost a park-like setting.”