Nobu Inks New Lease at AT&T Building, Leaving Tribeca for FiDi
Tribeca staple Nobu will find a new, Wall Street-area home in the iconic AT&T Building come 2017, the New York Post first reported. The news comes amidst a heightened demand for high end dining in the area as Condé Nast, Time Inc. and other publishing companies make homes downtown.
Nobu, owned by Robert DeNiro, Drew Nierporent and chef Nobu Matsuhisa, has signed a 15-year lease for the 14,384-square-foot space on the ground floor and lower level at 195 Broadway at Fulton Street.
The trendy eatery will be giving up its digs in Tribeca at 105 Hudson Street.
L&L Holdings, the AT&T Building’s landlord, spent eight years investing $50 million in efforts to convert the lobby to retail space, L&L’s David Berkey told Commercial Observer.
The broker exclusively handled the deal, which was signed last week. He declined to discuss asking rents, but said that other spaces in the building have asking rents that range from $500 to $600 per square foot.
Mr. Berkey cited the recent Condé Nast move to 1 World Trade Center as sparking a wave of dining establishments moving to the area, suggesting that the presence of Nobu could help the dining scene flourish there much as it did for Tribeca 20 years ago.
“We’re really excited for what it means for Lower Manhattan,” Mr. Berkey said.