KAUFMAN ORGANIZATION NEGOTIATES LEASE FOR JPD RESTAURANT GROUP

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NEW YORK CITY — The Kaufman Organization recently negotiated a 16-year, 5,000-square-foot lease at 470 Seventh Ave. in Manhattan, New York City, for JPD Restaurant Group. ?JPD plans to open a Pig n’ Whistle Irish pub at the location. Located in the Garment District, the 14-story building was built in 1924 and contains 74,000 square feet. The terms of the lease were undisclosed, but the asking rent for the space was $150 per square foot. Other tenants in the building include Ambient Group LLC, David Tutera, Inc., and Sabara Global Consumer Products. Grant Greenspan, Michael Kaufman, and John Schiliro of the Kaufman Organization represented both the landlord and tenant in the transaction.

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