The Kaufman Organization announced that Oscar Wilde’s, a Victorian era themed pub, signed a 13-year, 3,638 s/f lease at 45 West 27th Street (45W27) to bring Kaufman’s Madison Square Portfolio’s retail spaces to 100 percent leased status.
“The opportunity to lease the remaining ground-floor space in the Madison Square Portfolio to a tenant like Oscar Wilde’s reflects how well-rounded and diverse our roster of retail tenants is – each brings with them the characteristics the seamlessly blend with NoMad and Flatiron, and set the tone for the office spaces above,” said Mike Heaner, partner at the Kaufman Organization.
“We’re anticipating that the Oscar Wilde concept will be wildly successful at 45W27 because the atmosphere that ownership is aiming to create will resonate with people in the area.”
Oscar Wilde’s, the creation of Frank McCole and Tommy Burke, will exude the spirit of the famed author, poet and playwright – the partners will celebrate Mr. Wilde’s life, literary genius and courage.
Oscar Wilde’s atmosphere will be reminiscent of the Victorian era and will be furnished with antiques imported from Ireland, England, Scotland and Wales.
Patrons will have the opportunity to sample Oscar Wilde’s extensive Gastro Pub menu and also choose from a variety of wines, spirits and bottled and draft beer selections boasting beers from the region and the countries above. Additionally,
McCole and Burke are going to introduce a cocktail program based on recipes from the Prohibition era .
Oscar Wilde’s will join Pondicheri, located at 15 West 27th Street (15W27) and Jared Sippel’s Italienne, located at 19 West 24th Street (19W24), as Kaufman’s retail tenants; as part of its 83,686 s/f lease, Anheuser Busch also leased an 8,662 s/f ground floor space at 119-125 West 24th Street (119W24).
The asking rent for the retail space was in the high $120’s psf.
The Kaufman Organization’s Michael Heaner, partner; Grant Greenspan, principal and Elliot Warren, associate broker represented the landlord, 45 W 27 Leasehold LLC.
Victor Menkin, founder and president of Menkin Realty Service represented Oscar Wilde’s.
Kaufman will continue to market approximately 25 full-floor office spaces across the three remaining Madison Square Portfolio properties.