NY Post and Crain's Cover Chic New Bistro in Hell's Kitchen
Chic bistro in Hell's Kitchen
By LOIS WEISS for the NY Post
Posted: 2:00 AM, March 23, 2011
Ark Restaurants will open a new upscale, modern restaurant in Hell's Kitchen with a menu designed by David Waltuck, the former chef and owner of Chanterelle.
[Read the article at NYPost.com]
The 10,530-square-foot, ground floor restaurant will be located on Tenth Avenue between 37th and 38th Streets, in the base of the new TF Cornerstone 835-unit rental building at 505 W. 37th St.
The restaurant will have 183 square feet of frontage and a 650-square-foot basement. Ark President Michael Weinstein said Pritzker Architecture Prize winner Thom Mayne, whose firm, Morphosis, designed the new Cooper Union building, will be the architect for the restaurant.
"We're going through a design phase," said Weinstein. "It will be upscale, modern and very interesting."
The as yet unnamed restaurant has a target opening of Dec. 1. Fred Klein and Herb Weisberg of KGW Associates represented Ark in the new deal.
Winick Realty Group is representing the building's retail space along with that in a sister TF Cornerstone rental building with 394 units across the avenue at 455 W. 37th St.
"It's a phenomenal addition to the neighborhood and will change the dynamics of the neighborhood and will start a domino effect of retailers coming to the area," said Steven Baker, president of Winick Realty Group, who represented the owners along with colleague Josh Singer.
The asking rent for the retail spaces in both buildings is $40 a foot. Baker said a Duane Reade has already opened and they are "close" to a deal for another retailer to take 9,570 square feet.
[See coverage in Crain's]