Three Out of Five
By Lois Weiss
Published on September 19, 2007
Two more of the five street-level retail spaces in The New York Times
Building at 620 Eighth Avenue will soon be occupied by two new
restaurants. Dean & DeLuca signed up for close to 3,200 sf for its
seventh Dean & DeLuca Café in New York. Inakaya, a “robatayaki”-style
restaurant known for its grilling, will lease approximately 3,000 sf for
its first American eatery. Both will open during the first half of 2008.
Office space in the 52-story tower is now approximately 86% leased.
The Dean & DeLuca Café will be located at the corner of 40th Street and
Eighth Avenue and have seating for 60. Dean & DeLuca was represented by
Candice Dobbs of Dobbs Associates.
Inakaya will be located at 40th Street and Eighth Avenue— next door to
MUJI, the Japanese retailer that is already leasing approximately 5,000
sf. Inakaya now operates three restaurants in Tokyo. Inakaya was
represented by Naomi Okada of the Okada International in the lease
Forest City Ratner represented itself in both negotiations.
The New York Times Building will hold its grand opening in late fall
2007. Designed by Pritzker Prize-winning architect Renzo Piano, the
building is located between 40th and 41st Streets on Eighth Avenue, and
is topped by a 300-foot steel rooftop mast bringing its height to 1,046
The Times Company owns floors 2 through 27 and Forest City Ratner owns
floors 29 through 50 and floor 52, as well as 21,000 sf of retail space
on the ground floor. Floors 28 and 51 are jointly owned by the Times
Company and Forest City.