News: Brokerage

Mad Restaurant Group brings Casa Louie to Waterline Square

Photo credit: Rafael Viñoly Architects

Manhattan, NY According to GID Development Group, Mad Restaurant Group will open a second Casa Louie location at Three Waterline Square. The classic Italian restaurant will occupy 3,300 s/f in the former Empellon Space, with an anticipated opening in spring 2026.

Following the success of its original location in Hudson Yards, Casa Louie will bring its approach to classic Italian dining to the Upper West Side waterfront in a nautical-inspired space by designer Sarah Carpenter.

“At Waterline Square, our goal has always been to create a dynamic environment where exceptional dining fosters connection and brings neighbors together,” said Wendy Adam, senior vice president, commercial asset management at GID. “Casa Louie offers guests a place to share a meal with loved ones and feel instantly connected to the neighborhood. We are confident it will be a welcomed and vibrant addition to the community.”

“We can’t wait to open our doors at Waterline Square and bring classic Italian cuisine to the neighborhood,” said Jonah Phillips from Mad Restaurant Group. “With this new location of Casa Louie, we look forward to continuing our commitment to our guests by creating a place for gathering, celebrating milestones and savoring the simple joys of good food and good company.”

Mad Restaurant Group operates a portfolio across New York City, with 34 dine-in and delivery locations spanning 14 brands. Other restaurants operated by Mad include Friedman’s, Kossar’s and Suram.

Waterline Square is a, 2.2 million s/f mixed-use waterfront development along the Hudson River on the Upper West Side. The project features 1,131 condominium and rental residences across three architecturally distinct towers designed by Richard Meier, Kohn Pedersen Fox, and Rafael Viñoly. Surrounded by restaurants, curated retail, and a three-acre landscaped park, the development offers more than 100,000 s/f of amenities, including the exclusive Waterline Club. 

The transaction was brokered by Atlantic Retail’s Joe Mastromonaco, Peter Lyons and Colleen Morrissey on behalf of the landlord. The tenant was represented by Lee & Associates’ Peter Braus and Brad Schwarz.

MORE FROM Brokerage

CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,