Category Archives: Architecture

Scouting Out Restaurant Real Estate in NYC

Architecture, ,

Empire-State-BuildingWhen it comes to scouting out great places for New York restaurants, the Patina Restaurant Group seems to have gotten it down. It currently has three restaurants at the Rockefeller Center, as well as a location in Lincoln Center and Madison Square Garden.

Its most recent addition to its portfolio has been the State Grill and Bar that it opened at the Empire State Building. At this venue, one can order classic cocktails from the Art Deco period as well as upscale American cuisine – a true fusion of worlds.

Part of Patina’s strategy is to scout out such locations. One way of doing this is through the great connections the firm has, such as the Malkin Family that has known Chief Executive Nick Valenti for decades. Valenti is in charge of the Empire State Realty Trust.

“It is our strategy to look for these locations,”  Valenti mentioned, and that it seems, is exactly what he is doing.

New York City Skyline

Architecture, , , , ,

New-York-City-SkyscrapersNew York City is constantly evolving as new skyscrapers are erected. One example is Hudson Yards, a huge new development in Manhattan, valued at $20bn. The project – engineered by Related Companies and Oxford Properties Group – should be finished within the next four years and will feature offices, stores, restaurants, parks and more. Located between 10th and 12th Avenues, and running from 30th to 34th Street, those using the complex will be able to access it from an extension of the No. 7 subway line.

Also in the pipelines is the Nordstrom Tower. Due to be completed in 2018, this will measure 1,775 feet high and will be at 225 West 57th Street. Designed by Adrian Smith (who is famous for designing the world’s tallest building, the Burj Khalifa in downtown Dubai), the Nordstrom Tower is set to be the world’s tallest residential structure – 300 feet higher than anything else in Midtown (although a foot shorter than One World Trade Center).

Clearly, over the next few years New York’s skyline is going to continue its process of evolving.