Monday Properties and Invesco, owners of 230 Park Avenue, announced today that it has renewed its retail lease with Bobby Van’s Steakhouse, a Grand Central culinary landmark at East 46th Street and Park Avenue. The 3,100-square-foot lease renewal is for 15 years.
Dana Moyles of Dana Moyles Real Estate negotiated the lease renewal on behalf of Bobby Van’s Steakhouse. Jordan Berger represented Monday Properties in-house.
Bobby Van, a Broadway actor and musician, opened his first restaurant in Bridgehampton, Long Island in 1969, where he played piano and tended bar. The restaurant became an immediate hit with the Hamptons elite, and was once the hangout of Truman Capote, Frank O’Hara and other famous artists and writers. Several generations later, it is still a centerpiece of the Hamptons social scene.
Bobby Van’s Steakhouse opened at 230 Park Avenue in 1996 as the first location in New York City for the Long Island establishment. Over the past 17 years, the restaurant has consistently been a category leader and has continued to display strong staying power with its six Manhattan locations.
Brian Robin, president of Monday Properties, said, “Bobby Van’s is a signature New York City steakhouse that has anchored our Park Avenue walkway at 46th Street for many years. We enjoy the identification that 230 Park Avenue has with Bobby Van’s as such a highly visible aspect of the midtown New York City experience.”
230 Park Avenue is a 34-story tower, with 1.4 million square feet of class A office space, complemented by midtown’s finest restaurants, boutiques and hotels. Located between 45th and 46th Streets, the timeless icon delivers a quintessential New York City experience, coupled with an unparalleled level of service and 21st century building systems.
Overlooking Park Avenue and atop Grand Central Terminal, 230 Park Avenue is a LEED-EB Gold certified building and remains New York City’s landmark of history and vitality.
