SL Green and Daniel Boulud have doubled down on their longtime close relationship, with the city’s largest commercial landlord purchasing the chef’s flagship restaurant property.
SL Green bought the nearly 16,000-square-foot condo space of Restaurant Daniel at 60 E. 65th St. for $18.5 million, according to public records posted this week.
But that doesn’t portend any changes at the Michelin-starred eatery, as Boulud’s Dinex Group immediately signed a 20-year lease with its new landlord.
The deal gives Dinex extra dough to help pay for its ongoing expansion – including in Hong Kong, where the chef just launched Terrace Boulud at the Mandarin Oriental hotel, and in London, where his new Cafe Boulud is to open later this year at the Waldorf Astoria – Admiralty Arch.
An ebullient Boulud told The Post by phone from Hong Kong, “As Restaurant Daniel enters its fourth decade, the most important thing for me is that it stays strong, relevant and continues to reinvest in its future. This is a positive transaction that allows us to do exactly that with our trusted partner SL Green.”
Dinex CEO Sebastien Silvestri added the sale helps his company focus on its “core restaurant business” which in New York also includes Café Boulud at Maison Barnes, Le Gratin and a large brasserie set to open soon near the Lincoln Center.
SL Green executive vice-president Brett Herschenfeld said the acquisition “deepens the company’s investment” in the Upper East Side community and “builds upon its already successful ventures with Boulud.”
While many leading restaurants enter into partnerships with major landlords, Green and Boulud are especially tight.
Prior to the UES deal, SLG was already the landlord for Boulud’s Le Pavillion and Joji at One Vanderbilt, along with La Tête d’Or at One Madison.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
