The former home of Veritas Restaurant in the Flatiron area is set to become a French-influenced restaurant called élan, showcasing former Chanterelle chef and owner David Waltuck.
Mr. Waltuck and his business partner, George Stinson, a former general manager at Chanterelle, closed on a 10-year deal for 2,000 square at the 50-seat restaurant space at 43 East 20th Street between Broadway and Park Avenue South. The new restaurant is expected to open in May.
“When David Waltuck opened Chanterelle in 1979, it helped put Soho on the map and, over the years, accrued numerous accolades, including two four-star reviews from the New York Times and four James Beard Foundation awards,” Lee NYC’s Richard Kave, who along with Peter Braus represented the tenant, said in a statement. “I can only anticipate the great response élan will receive in this gourmet-centric neighborhood.” The landlord, 20th Street Realty LLC, represented itself.
Tribeca’s French-inspired Chanterelle closed in 2009.
The 43 East 20th Street deal was off-market and Lee NYC declined to provide the rent.
Update: This story was edited to include a restaurant opening month and lease terms.