Consolo and Maglio of Douglas Elliman arrange lease for Shanghai Yang at 3141 Broadway

The preeminent national leasing and sales team of Faith Hope Consolo, chairman, and Arthur Maglio of Douglas Elliman's retail group have arranged a lease at 3141 Broadway for Shanghai Yang. Offering exciting Asian-fusion cuisine, it is the latest brand from the hospitality group responsible for more than 20 popular New York restaurants, including Friedman's, Wei West, Community, Pick-A-Bagel and Lilli & Loo. Located just south of 125th Street, between La Salle St. and Tiemann Place, Shanghai Yang will be close to Columbia University's main campus in Morningside Heights, its new campus in Manhattanville, currently under construction, and a major transportation hub. "Harlem is becoming the center of the culinary world," said Consolo. "It is not surprising that a highly successful restaurant group would find this centrally-located space so quickly." Maglio said, "A trendy Asian-fusion restaurant will undoubtedly find an eager and diverse customer base in this neighborhood. Between the residents in all the new developments and the thousands of students nearby, this new dining option should be a welcome addition." Among the many thriving restaurants already in the area are Serafina, Jin Ramen, Kissaten Jin, Toast, Chapati House, Bettolona, Chokolat Patisserie, Pisticci, Kuro Kuma Espresso & Coffee, Max Soha and Max Caffe. Consolo and Maglio exclusively represented the landlord 3139 Broadway Investors, LLC. The tenant was represented by Square Foot Realty.