Leases  ·  Retail

Danny Meyer Nears Deal for Restaurant at Manhattan West

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Danny Meyer of Union Square Hospitality Group is close to signing a 20,000-square-foot deal for a restaurant at Manhattan West, Commercial Observer has learned. The lease would include an outdoor space.

One source said the lease would be “long term,” meaning over 15 years, and there was no asking rent. Meyer hasn’t yet determined the restaurant type, the source noted.

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A spokesman for Brookfield Property Partners, the developer of the six-building Manhattan West project, declined to comment, as did a Union Square Hospitality Group spokeswoman, who emailed: “We don’t have anything to report on our end regarding the deal you mentioned.”

Retailers that have signed leases at the complex, where there is 250,000 square feet of retail space, include Peloton in 26,400 square feet at 5 Manhattan West, and Whole Foods in 60,000 square feet in the same building.

Meyer is already bringing a new restaurant to the Financial District. Last month Eater reported that his planned 38,000-square-foot restaurant and event space at 28 Liberty Street would be called Mahatta.