New dining options are rolling out at the Lipstick Building
Real Estate Weekly, Dec 2, 2009
The Lipstick Building at 885 Third Avenue is adding to its iconic status with Wolfgang’s Steakhouse taking 5,000 s/f in the restaurant space.
The famous eatery signed a 15-year lease, and will open early next month, facing East 54th Street. Operated by restaurateur Wolfgang Zwiener, Wolfgang’s Steakhouse is renowned for its phenomenal Porterhouse steaks and upscale service.
The Lipstick Building is Wolfgang’s third New York City location and fifth nationwide.
As part of its new restaurant amenities, the Lipstick Building also signed Sprig to a long-term, 2,500 s/f restaurant lease.
A high-end companion restaurant of Berkeley, California-based Peet’s Coffee & Tea, Sprig serves gourmet hot and cold meals, pastries and coffee. It will open in the first quarter of 2010.
“Wolfgang’s Steakhouse is a destination restaurant and a significant amenity for tenants of the Lipstick Building,” said Haim Revah, chairman, Metropolitan Real Estate Investors LLC, which owns 885 Third Avenue.
“Bringing in a restaurant of such class and quality only enhances the Lipstick Building’s status as one of the most recognizable and sought-after locations in New York City.”
The space is being built out by James Galvin, of ACC Construction.
World-renowned architect Philip Johnson designed the 636,000 s/f Lipstick Building, with its distinctive elliptical shape.
The building is also a draw for office tenants, anchored by international law firm Latham & Watkins.
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