Maribella Hospitality Group Signs Lease at 7 West 51st Street

04/11/22

The former New York Yankees Steakhouse in Midtown will soon be home to another chophouse. Maribella Hospitality Group signed a 20-year lease for the 17,350-square-foot, multi-level space at 7 West 51st Street to open a “high-end Italian steakhouse,” according to landlord broker Cushman & Wakefield. Asking rent was $1.5 million per year for the lower levels and $350,000 per year for the second floor.

The hospitality group — which is behind the Downtown Brooklyn eateries Las Santas and Loreto — plans to open up its latest restaurant in early 2023, C&W said.

It will take over the space from the New York Yankees Steakhouse, which shuttered in 2018 after less than five years at the base of the building between Avenue of the Americas and Fifth Avenue.

Congrats to Tom Caliendo of RIPCO Real Estate who represented Maribella and C&W’s Alan Schmerzler, Steven Soutendijk, Sean Moran and Chris Schwart who represented the landlord, Sedesco.

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