L&L Holding Company announced an agreement with Chipotle to open a new location at 600 Third Ave., L&L’s 42-story office tower in Manhattan’s Grand Central district.
As part of a 15-year lease, Chipotle will occupy a prime 2,329-square-foot corner retail space on Third Avenue and East 39th Street. The fast-casual Mexican Grill is slated to open in the third quarter of 2025.
“Chipotle is the perfect addition to the retail environment we have curated at 600 Third on behalf of the neighborhood’s office workers and residents,” said L&L Holding Executive Vice President, Jonathan Tootell. “Our investments at the tower, including the incorporation of enjoyable outdoor space, have created an ideal destination for those seeking a respite within the bustling Grand Central district.”
Built in 1970, the 574,067-square-foot tower occupies the entire western blockfront between East 39th and East 40th Streets. L&L, which owns 600 Third in partnership with BlackRock, has undertaken a series of renovations and modernizations to the tower, including lobby upgrades and building system improvements.
L&L Holding was represented by an in-house team of Jonathan Tootell, Tanya Grimaldo and Giannina Brancato, as well as by Alan Schmerzler, Patrick O’Rourke, Sean Moran and Catherine Merck of Cushman & Wakefield. Kenneth Hochhauser of Winick Realty represented Chipotle.
