Retail

Asian star Tim Ho Wan to open on Fourth Street

WDI Group, the acclaimed hospitality group that has opened approximately 200 restaurants around the world since 1972, signed a long-term lease to bring Hong Kong-based Michelin-starred restaurant, Tim Ho Wan, to New York for the first time.

Tim Ho Wan will serve its celebrated dim sum menu at 85 Fourth Avenue. Expected to open in the third quarter of 2016, the restaurant will occupy 2,000 s/f on the ground floor.

“85 Fourth Avenue is located at the crossroads of Union Square, East Village, West Village and Astor Place,” said Winick Realty Group’s Aaron Fishbein. “This location will expose Tim Ho Wan to a truly 24/7 market filled with young professionals, residents and tourists who are looking for cool concepts like theirs.”

Fishbein and his colleague Jeremy Wintner represented WDI Group. Landlord Rabina Properties was represented by Chris Stanton of Cushman & Wakefield.

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