Leases  ·  Retail

Thai Sliders Reopening in New Financial District Location

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Thai Sliders will reopen in the Financial District, up the block from its previous location, Commercial Observer has learned.

The Thai eatery left its former spot at 108 John Street because the site is under development, and has signed a 15-year lease for 5,765 square feet at the base of 27 Cliff Street between John and Fulton Streets.

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James Famularo, Ben Biberaj, and Dane Harlowe of Meridian Capital Group represented the tenant and the landlord, Greenroad Capital, in the deal. Asking rents at the Cliff Street location were $80 per square feet, according to a spokesman for Meridian.

Greenroad bought the five-story building for $12.5 million in 2018. The property was empty for over 10 years, according to information from Meridian.

“With the growing residential population and existing office density in the area, we felt a successful quick-service restaurant would be a natural fit for the space and are excited we found Thai Sliders for this location,” Biberaj said in a prepared statement.

The location includes 3,765 square feet on the ground-floor level and 2,000 square feet on the lower level. This will be the restaurant’s second location, in addition to its Chelsea outpost, at 150 Eighth Avenue between West 17th and West 18th Streets.

The Moinian Group, which owns 108 John Street (also known as 110 John Street), filed plans to build a 37-story building at the site with 250 luxury rental apartments, as CO previously reported.