Restaurants and other kinds of food-and-beverage tenants are increasingly important to commercial developers.
Just how important is a topic to be prominently featured at the Real Estate Board of New York’s 2025 Commercial Holiday Luncheon at the Metropolitan Club on Thursday, themed as “Hospitality Meets Real Estate.”
The “fireside chat,” which I will moderate, features culinarily-conscious SL Green chairman/ CEO Marc Holliday and superchef Daniel Boulud, who runs thriving, premier eateries at SLG properties including Le Pavillon at One Vanderbilt and La Tete D’Or at One Madison Avenue.
Luncheon guests are expected to discuss the overall phenomenon, which also includes L&L’s 425 Park Ave., home to Jean-Georges Vongerichten’s Four Twenty Five; Olayan America’s 550 Madison Ave., which will have a three-eatery complex from COTE creator Simon Kim; and the Durst
Organization’s One Bryant Park, where a Japanese place from the Momoya group will open soon.
The session’s participants will also discuss the overall state of the Manhattan commercial market and possible effects of the impending Zohran Mamdani mayoralty.
The session will be open with remarks from REBNY president Jim Whelan, Savills’ Bill Montana and Compass’s Robin Abrams.
Tickets can be purchased through Rebny.com.
