You are not logged in

New York Magazine

Skip to content, or skip to search.

Skip to content, or skip to search.

Grub Street

Edited by Josh Ozersky with Daniel Maurer

 

NewsFeed 

4/ 7/08

1:08 PM

Cain Snags Hot Basement-Alleyway Space in Tribeca

A CB1 agenda shows that Jamie Mulholland, owner of Cain and GoldBar, is applying for a liquor license at 408 Broadway, a five-story landmark loft building that recently sold for $29 million dollars.

Mulholland’s broker Steven Kamali confirms that a lease has been negotiated, and a rep for Cain would say only that, “This is another opportunity that’s being explored.” Another broker familiar with the high-ceilinged 6,000-square-foot basement-level space — which was apparently pursued by the Stereo team as well as Charles Ferri of Star Lounge — tells us rent is in the neighborhood of $250,000 per year and there’s a rear entry off Cortlandt Alley which might be used as a front entrance, lending it a Freemans-like cache. Will the place get drop-ins from its neighbor Jay-Z? You know it.

Advertising

About this Blog

Welcome to Grub Street

What to expect from New York Magazine's food daily.

E-mail the editor

Sign up for the Newsletter

GONYC Mobile Restaurant and Bar Search