Former Four Seasons Space to House New Italian Eatery
By Nicholas Rizzi November 14, 2019 4:15 pm
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A Brazilian restaurant group will open an Italian eatery in the storefront formerly occupied by famed eatery The Four Seasons at 280 Park Avenue, according to the landlord.
Fasano Hotel and Restaurant Group inked a deal for the 20,000-square-foot space at the base of 280 Park Avenue between East 48th and East 49th Streets in Midtown, the New York Post first reported.
The new eatery will replace the expensive and short-lived Four Seasons revival, which closed in June after less than a year at 280 Park Avenue.
The landlords, Vornado Realty Trust and SL Green Realty Corp., declined to provide more details on the deal and it’s unclear who brokered the lease for Fasano.
Fasano — which was founded in 1949 — operates hotels and eateries around Brazil and the Midtown location will be the brand’s first restaurant in New York City, Vornado president Michael Franco said on the company’s most recent earnings call. It plans to open the space in 2020.
“Fasano will deliver the best in fine-dining to Midtown Manhattan, while creating an atmosphere of style, sophistication, and energy,” Franco said on the call.
The Four Seasons — which was a popular spot for power lunches — was booted from its longtime home at the Seagram Building in 2016 once developer Aby Rosen took over, the New York Times reported.
A group of investors pooled together $30 million to fund a move from 375 Park Avenue to a smaller space at 280 Park Avenue which opened in August 2018 but failed to attract diners and later closed, according to the Times.
