32K SF lease at Pier 57 in the Meatpacking District
Michael Dorf’s City Winery has signed a 32,000-square-foot lease at Youngwoo & Associates and RXR’s Pier 57, according to Crain’s. The unique facility serves as a music venue, restaurant, and wine maker.
Worth Noting: After Disney acquired Trinity Real Estate’s 155 Varick Street (AKA 2 Hudson Square) last year, City Winery needed to find a new location.
Mired in litigation: In January, City Winery filed a lawsuit against Disney to recoup the money it spent remodeling the second floor and the roof, AMNY reported. The company contends that Trinity promised a reimbursement for the capital improvements in the form of a rent abatement.