Manhattan’s forward-thinking, full-service real estate firm, Adams & Company (Adams), has announced that Mr. Bao, a brand-new, ocean to table concept by Empress Group Corp, will be opening a location at 110 West 40th Street. The 2,441-square-foot space will serve seafood from South Africa for a healthy, delicious cuisine. Comprised of a ground floor and lower level, the restaurant will seat approximately 48 people and is set to open 2nd half of July.
David Levy and Brett Maslin of Adams & Company represented the landlord, 110 West 40 Holdings LLC. Evergold Properties LLC represented Mr. Bao in the transaction. Asking rent was $375,000 per year.
“110 West 40th Street marks an important milestone in the growth of Mr. Bao as the company continues its venture into New York,” said Levy, Principal of Adams & Co. “Mr. Bao is a growing brand with four locations opening in New York, 110 West 40th Street marking the second Manhattan location. With a constant flow of tourists and the local workforce, we are confident that this property will seamlessly set the company up for success on its most recent endeavor.”
