The infamous home of Danny Meyer‘s Union Square Cafe has hit the market and is eligible for possession in March, according to newly released marketing materials from RKF.
Union Square Cafe, at 21 East 16th Street between Union Square West and Fifth Avenue, is shuttering due to rising rents commanded by landlord David Ellis RE, as has been widely reported. That is a problem that has been impacting restaurants at all price points, as Commercial Observer previously covered.
Mr. Meyer noted in the opinion pages of The New York Times on July 2: “The advertised rent is triple what we are now paying.”
The listing, which notes that this is the first time in 30 years the space is available for lease, includes 6,600 square feet spread over the ground floor, mezzanine, lower level and second floor. The space can be combined with 31 Union Square West, home to Blue Water Grill, via the lower level, the listing notes.
RKF’s Marc Finkel and Beth Rosen are the exclusive agents for the site. Neither immediately responded to requests for comment and nor did a spokeswoman for Mr. Meyer.