News: Brokerage

Martin Ginsburg joins with Mayor Roach for grand opening of Medi Bistro

(L to R) GDC founder and principal Martin Ginsburg; Kelly Albana Murati, director of Catering & Special Events for Medi Bistro; Medi Bistro managing partner Par Shakiban; White Plains Common Council Member Victoria Presser, and White Plains Mayor Tom Roach   

Continuing the ongoing transformation of Downtown White Plains, Martin Ginsburg, founder and principal of Ginsburg Development Companies (GDC) joined with White Plains Mayor Tom Roach today for the Grand Opening of Medi Bistro, a new restaurant offering Ottoman and Persian cuisines.

Located at 50 Main St. as part of GDC’s City Square mixed-use complex, Medi Bistro's dining room incorporates Persian influences.

Medi Bistro, which is an important addition to GDC’s City Square mixed-use complex, is owned by Martin Ginsburg in partnership with accomplished restaurateur Par Shakiban.

“We are very pleased to be opening this beautiful new restaurant at our City Square development. We are especially glad to be working with noted and successful restaurateur Par Shakiban. Medi Bistro is a critical component of our overall plan to create a vibrant and lively streetscape along Main Street,” said Ginsburg.

Medi Bistro is the first of what will be several new restaurants along Main St. to make City Square a culinary destination. GDC is currently building an extension of 50 Main along Main St. and South Lexington Ave. that will house four future restaurants, all serviced by the complex's 1,000 space parking garage.

“Bringing street-level vibrancy to this area has been a goal of the City. I congratulate Martin Ginsburg and accomplished restaurateur Par Shakiban for working with the City to create a place for diners. Their creation of Medi Bistro is a welcome addition,” said Mayor Roach.

“I am very proud to introduce Medi Bistro, which celebrates the nostalgic cuisine of my childhood when I watched my mother prepare the most delicious Persian dishes,” said Shakiban. “The secret to this sophisticated cuisine is the use of fresh ingredients and genuinely fresh herbs, some of which are imported from the Middle East and India.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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,