Quality Branded to Open New Eatery in the West Village
The Quality Branded restaurant group, best known for its Smith & Wollensky steakhouse, is bringing a new eatery to the West Village.
The restaurant group signed a 15-year lease for 5,600 square feet at 2 Bank Street, between West 4th Street and Greenwich Avenue, according to information from Lee & Associates, which brokered the deal.
The corner space, which spans the entire commercial area of the mixed-use building, includes 2,800 square feet on the ground floor, and 2,800 square feet on the lower level.
Brad Schwarz and James Ficelman of Lee & Associates represented the landlord, Sky Management, and Taryn Brandes of Brand Urban represented the tenant. Asking rent was $200 per square foot, per Lee & Associates.
Quality Branded, led by founders Alan and Michael Stillman, is behind a variety of New York eateries that has expanded into other markets. Their brands include Quality Meats, Quality Eats and Quality Italian Steakhouse, as well as Don Angie, Park Avenue and Maloney & Porcelli.
Sky Management purchased the six-story apartment building in 2013 for $8.4 million. In 2015, the previous tenant, a Spanish tapas restaurant called Barraca, was seized for allegedly not paying taxes, according to Eater.
Quality Branded declined to comment on the planned use for the space.