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Byron Rosen
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Industry News
Torrisi Earns Michelin Star While Anchoring Retail in Landmark NYC Trophy AssetTorrisi’s newly earned Michelin Star underscores more than culinary excellence. It highlights the strategic role experiential dining now plays in driving value within Manhattan trophy assets. Anchoring the historic Puck Building at 275 Mulberry Street, the Major Food Group concept has become both a cultural destination and a retail catalyst at the intersection of Nolita and SoHo.
As marquee office tenants like OpenAI, Thrive Capital, Plaid, and Cadre fuel daytime density within the mixed-use landmark, Torrisi delivers premium foot traffic, brand cachet, and rent justification at street level. The result is a case study in how Michelin-caliber dining enhances asset performance, reinforces institutional-grade frontage, and strengthens the long-term fundamentals of one of New York City’s most architecturally significant commercial properties.
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Loan
MultiFamily
Torkian Group Secures $190 Million Refinance Loan From Barings For Yorkville Multifamily Property
1597 2nd Avenue, New York, New York
Sale
Retail
Chris Kempczinski Of McDonald's Corporation Purchases Retail Building In Cypress Hills For $3.4M
3143 Atlantic Avenue, Brooklyn, New York
Loan
Development Site
Shimshon Grunstein Secures $17.1M Construction Loan From Northeast Community Bank For Development Site In Bronx
3006 Williamsbridge Road, Bronx, New York
Shimshon Grunstein
Loan
Retail
Witkoff Group Refinances Faena Hotel And Retail Unit In Chelsea For $144 Million With J.P. Morgan Chase
500 West 18th Street, New York, New York
Lease
Office
Kira Learning Leases Office Space At 11 Park Place In Financial District For $55/ft
11 Park Place, New York, New York
Thomas Capuano + 2 more
Lease
Retail
L.A. Burdick Chocolates Signs 10-Year Lease At 933 Broadway From Thor Equities
933 Broadway, New York, New York
Ross Berkowitz + 1 more
Sale
Mixed-use
Max Kaestner And Nick Kaestner Acquire Mixed-use Property In Park Slope For $5.45M
1021 8th Avenue, Brooklyn, New York
Loren Valla + 4 more
Sale
Development Site
Accord Power Acquires Development Site In Long Island City From Spyro And Evan Avdoulos For $4.9M
11 02 37th Avenue, Long Island City, New York
Spyro Avdoulos
Sale
Condo
Arman Noghreh Acquires Condo At 102 Chambers Street From Gregory Kraut For $3.8M
102 Chambers Street, New York, New York
Gregory Kraut + 1 more
Lease
Office
Zelouf International Signs 10-Year Lease For 13,600 Square Feet At 209 West 38th Street
209 West 38th Street, New York, New York
Matthew Mandell + 4 more
Lease
Retail
Victor Moshe Leases Retail Space To Club Pilates At 170 Tulip Avenue In Floral Park
170 Tulip Avenue, Floral Park, New York
Faisal Gilani + 1 more
Sale
Industrial
2491 Wehrle Drive LLC Acquires Industrial Facility From Tricor Direct Inc For $9.1M
2491 Wehrle Drive , Buffalo, New York
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