Restaurant Burger & Lobster Signs Lease with The Durst Organization for 8,900 Square Feet in Stephen Sondheim Theatre space at One Bryant Park – Its 2.3 Million Sq Ft Now 100% Leased
The Durst Organization and Burger & Lobster announced today that the London based restaurant group signed a 15 year lease for 8,900 square feet on the ground, second and basement levels of the Stephen Sondheim Theatre space in One Bryant Park, at 123 W. 43rd Street between Avenue of the Americas and Broadway. The space will house the second outpost in New York City (and in the second in the U.S.) of the novel eponymous concept which offers just three items at one price – hamburger, lobster roll and whole lobster, each served with fries and salad, for $20. The 150-seat restaurant is slated to open in the fall of 2016. With today’s lease signing, One Bryant Park, the 2.35 million square foot, 51-storey LEED Platinum office tower is now 100% leased.
The décor of new Bryant Park / Times Square restaurant, with access from both 43rd and 42nd Streets, will be the result of a collaborative effort by UK’s Andrew Harwood Design and the New York based Michael Zenreich architects. They will incorporate such signature Burger & Lobster decorative elements as the liberal use of a variety of woods, high back red booths and lobster traps, while highlighting the space’s physical characteristics with a grand staircase connecting the ground floor entrance with the dining room, where a giant whimsical lobster sculpture will hang from the 24 foot high ceiling and where two stories of mullioned windows will overlook 43rd Street.
“It’s very exciting for us to open our second New York City – and U.S. – location in such a vibrant neighborhood, where we’re taking advantage of a truly unique space that has inspired a very compelling design,” enthused Vladimir Borodin, the Burger & Lobster operating partner who is in charge of the expansion to the U.S. “The fact that we’ll be in a theater is especially exciting to me having grown-up in a theatrical family. I’m looking forward to Burger & Lobster becoming an integral part of New York’s dynamic the theater community.”
“We are delighted Burger & Lobster chose One Bryant Park for its second location in the United States,” said Jonathan (Jody) Durst, President of The Durst Organization. “The historical theatre space will offer Burger & Lobster’s customers a unique dining experience in Midtown Manhattan.”
The theater, formerly known as Henry Miller’s Theatre, was restored and reconstructed during the construction of One Bryant Park. The Neo-Georgian landmarked façade of the original 1918 Allen, Ingalls & Hoffman-designed theatre was preserved and restored. The theater is operated by Roundabout Theatre Company.
Burger & Lobster was represented by Vice President of Real Estate James Race and Director of Real Estate Alexandra Turboff of Branded Concept Development. The Durst Organization was represented by: Vice Chairman Patrick Smith, Executive Vice President Matt J. Ogle, Executive Vice President Corey Zolcinski and Managing Director Erin Grace of JLL, Senior Vice President Mark Kapnick of SRS Real Estate and in-house by Chief Leasing Administrative and Legal Services Officer David Neil, Senior Vice President of Leasing Tom Bow and Leasing Associate Lindsey Ravesloot.
With its 2001 London launch, Burger & Lobster brought one of the most world’s most unconventional concepts to the global full service restaurant landscape by offering just three items, masterfully prepared with top quality ingredients, for one price – a hamburger, lobster roll and whole lobster, each accompanied by fries and salad to make a value-centric meal at £20. After the immediate run-away success of the its first menu-less, limited offerings with no substitutions restaurant, Burger & Lobster rapidly expanded in London and beyond; there are now 17 Burger & Lobster locations worldwide, nine in London and one in: Bath, England; Cardiff, Wales; Dubai; Kuwait; Stockholm; and New York City. All boasting corn-fed Nebraskan beef and Nova Scotian lobsters kept stress-free from capture to cooking via Burger & Lobster’s proprietary transportation and storage systems, which assure their succulent tenderness. The first outpost in the U.S. opened as Burger & Lobster’s largest restaurant in Manhattan’s Flatiron District in January 2015. The 320-seat establishment now routinely serves more than 1,000 diners daily. www.burgerandlobster.com
The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and 1,950 residential rental units with 2,400 under construction. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings. www.durst.org