Simon Oren Planning 10K-SF Restaurant in the Quin Hotel
By Mark Hallum October 24, 2022 1:18 pm
reprints
Restaurateur Simon Oren is planning a new 9,601-square-foot eatery at a vacant space at the base of The Quin, a Hilton Club.
The space at 101 West 57th Street includes 3,867 square feet on the sidewalk level, 2,973 square feet on the second floor and 2,761 square feet in the basement, the New York Post reported.
Oren — the managing partner of Tour de France Hospitality group — told the Post that the asking rent was $1 million per year, but that he was able to bargain for a cheaper deal. The lease term is for 20 years, according to CBRE (CBRE).
The restaurateur built the Five-Napkin Burger chain and is also behind the French eateries Nice Matin, L’Express and Cafe d’Alsace in Manhattan.
The Quin hotel spot was formerly occupied by The Wayfarer, which was the product of Eric Marx, Lisle Richards and Jimmy Haber of BLT Restaurant Group. The Wayfarer opened in 2014 but shuttered during the first year of the pandemic, the Post reported..
CBRE’s Jared Lack and Andrew Goldberg represented the hotel owner and landlord, Hilton Grand Vacations. Lee & Associates’ Brad Schwarz handled the deal for Oren, according to the Post.
Schwartz did not respond to requests for comment while CBRE declined.
The yet-to-be-named restaurant will take around nine months to take shape with plans for 120 dining room seats on the ground floor and 30 seats in the section upstairs, the Post reported. There will also be private rooms.
The eatery will focus on creating Middle Eastern dishes, primarily modern Israeli and eastern Mediterranean cuisine.
Correction: The New York Post originally reported that this lease was for 8,800 square feet. CBRE has informed us that it is actually for 9,601 square feet.
Mark Hallum can be reached at mhallum@commercialobserver.com.
