Monday Properties and Invesco, owners of 230 Park Avenue, renewed their retail lease with Bobby Van’s Steakhouse, a Grand Central culinary landmark at East 46th Street and Park Avenue.
The 3,100 s/f 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 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.”