News: Brokerage

Brookfield Properties and C3 to bring Citizens eatery to Manhattan West complex

Manhattan, NY Brookfield Properties and C3, a subsidiary of global lifestyle and hospitality company sbe, unveiled plans for a new culinary destination at Manhattan West, the eight-acre complex Brookfield is developing on the borough’s Far West Side. Named Citizens, C3’s new concept will bring together a curated collection of established and new proprietary culinary brands at two full-service restaurants, multiple bars and a fast-casual market hall. The 40,000 s/f venue, located in Five Manhattan West, will be designed by interior designer David Rockwell.

“As the newest arm of our organization, C3 was specifically launched to disrupt the F&B industry and capitalize on the rapidly evolving landscape of consumer preferences,” said sbe founder and CEO Sam Nazarian. “The future of dining is casual, mobile and experiential and C3 is delivering on that reality with the opening of Citizens. We’re proud of the support and trust Brookfield has placed in C3 to bring this innovative culinary concept to life and we hope it’s the first of many more collaborations as part of a long-term partnership.”

“Innovative and of-the-moment culinary offerings are an essential part of a successful placemaking destination, and ‘Citizens’ by sbe will help bring Manhattan West to another level,” said Andrew Brent, vice president, Brookfield Properties. “Hudson Eats at Brookfield Place has been a major success, but we wanted to create something even bigger and bolder at Manhattan West. The marketplace, restaurant and bar concepts created by sbe will provide elevated culinary experiences for the diverse array of audiences drawn to Manhattan West.”

C3, which stands for Creating Culinary Communities, is the latest subsidiary of global lifestyle and hospitality company sbe. C3 will focus on restaurant concepts made up of an array of limited service culinary brands that are both new developments and evolutions of established, highly successful full-service sbe restaurants. Citizens is an innovative new concept by C3 envisioned as a global community of culinary experiences – bringing new and existing retail developments a “one stop shop” for established restaurant brands.

Stretching from Ninth to Tenth Aves. and 31st to 33rd Sts. Manhattan West is Brookfield Properties’ newest and most innovative placemaking destination, focusing on culture, wellness, sustainability and experience. 

Manhattan West will feature more than 200,000 s/f of retail amenities that will bring together experiential shops and culinary concepts, including a restaurant by Danny Meyer’s Union Sq. Hospitality Group and a 60,000 s/f, new-concept Whole Foods. Peloton is creating a 35,000 s/f flagship location called “Peloton Studios” that will house the company’s broadcast and production operations and several studios, from which hundreds of group fitness classeswill be hosted and live streamed.

Once complete, Manhattan West will feature six million s/f of class-A office space, 844 residences at The Eugene, and the Pendry Manhattan West boutique hotel. A landscaped, two-acre public plaza will be have public art and events by Arts Brookfield, Brookfield’s arts and entertainment program.

Manhattan West benefits from excellent access to public transportation. It sits immediately adjacent to the soon-to-be-redeveloped Empire Station/Penn Station Complex – one of the busiest train stations in North America – and near the new 7-train station at Hudson Yards, the city’s first subway extension in decades. It is one block from the A, C, E, 1, 2, 3 and 7 subway lines, New Jersey Transit, the Long Island Railroad and Amtrak.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.