Development continues to push forth on the west side of Manhattan and the office space at 628 10th Avenue will be closing and opening as a restaurant.
Charlie Marshall‘s farm-to-table restaurant, Marshall, will be opening in the 1,200 square foot space. The restaurant will house a wood oven and will be split between 600 square feet on the ground floor and a similar sized basement. Slated to open in the spring after renovations, Marshall will serve organic foods and local wines.
The landlord was looking for “something unusual,” said Howard Aaron, president of Square Foot Realty. “[The landlord wanted] good financials and someone who knows the food business.”
Mr. Aaron was joined by his colleague Aaron Gavios in representing the landlord, 630 Tenth Avenue LLC. The asking rent was $75,600 per annum, or $6,300 a month.
The area has received considerable attention lately as developers have targeted double digit avenues in their westward expansion. Related‘s 450 West 42nd Street, or more commonly known as the oddly abbreviated MiMA, finished construction of its 63-story mixed-use building off 10th Avenue. The Out NYC, situated between 10th and 11th Avenues, was also recently opened and marketed as the city’s first gay urban resort.
Another development hits closer to Charlie Marshall’s restaurant. Gotham Construction is developing a 1,240-unit building across the street from Marshall that will span the entire block between 10th and 11th Avenues on 45th Street. The 31-story building will house an additional 15,000 square feet of retail space and is slated to open in 2014.
Recent construction hasn’t received entirely positive fanfare and the troubles of the Moinian Group‘s 42nd Street development plan shares an uneasy story. The group broke the 11th Avenue corridor and built the Atelier, a 46-story luxury residential building on 42nd Street. But the second stage, a similar sized building with 100,000 square feet of retail space as a base, remained troubled and was placed on the market in late 2011.