Less than two years after opening Italian restaurant La Pecora Bianca in NoMad, Mark Barak is opening a second outpost in Manhattan, Commercial Observer has learned. This one will be in Midtown East.
Barak has signed a 10-year deal for 5,021 square feet at 944 Second Avenue between East 50th and East 51st Streets, according to Ross Kaplan from Newmark Grubb Knight Frank Retail, who represented the landlord in the deal, 950 Second Avenue Investors LLC, a subsidiary of The Klein Group. The LLC owns the retail condominium.
The asking rent was $245 per square foot on the ground floor, where La Pecora Bianca will occupy 2,918 square feet, and $45 per square foot on the lower level, where it will have 2,103 square feet.
The property is undergoing renovations and the eatery will open this summer.
In August 2015, La Pecora Bianca opened at 1133 Broadway between West 25th and West 26th Streets. As CO reported in March 2016, after seeing some 75 spaces, Barak signed a 15-year lease for 2,250 square feet at grade as well as 1,750-square-foot basement at the NoMad location.
Branded Concept Development’s Alex Turboff represented Barak in the Midtown East deal. Turboff didn’t respond to a request for comment, and Barak declined to comment via a spokeswoman.