That empty retail space at 51 Astor Place/the IBM Watson Building/Death Star has a tenant: Shake Shack.
The Post has the scoop:
Danny Meyer’s fast-growing burger chain has signed a lease on Astor Place that will open this fall...
The new location, which will span nearly 3,000 square feet on the northeast side of the building at 51 Astor Pl., “will feature some unique design and customer experience elements,” a Shake Shack spokeswoman confirmed, declining to elaborate.
Until earlier last month, this corner slot on Third Avenue at Ninth Street housed the sales office for hotelier-developer Ian Schrager's hotel-condo tower at 215 Chrystie just below East Houston.
The Shack joins the building's other retail tenants — CVS, Flywheel Sports, Orangetheory Fitness, Bluestone Lane Coffee and Chopt.
According to Lois Weiss at the Post, the Shake Shake team signed a 15-year lease.
The lease memo, reviewed by the Post, provides the Danny Meyer fast-casual joint with the ability to exclusively sell “hamburgers, hot dogs, French fries and frozen custard.”
As such, it banishes direct competitors such as Smashburger and Johnny Rockets from the building.
This will be the second Danny Meyer venture to open on Third Avenue in the coming months. His Union Square Hospitality Group is behind Martina, a pizzeria, in progress on 11th Street at Third Avenue.