Crêperie crosses U.S. border; something new for neighborhood.
NoLIta is getting a taste of something French. La Crêpe Parisienne recently signed a 10-year lease for about 500 square feet at 51 Spring St., between Lafayette and Mulberry streets. The asking rent was around $300 a square foot.
This will be the first U.S. location for La Crêpe Parisienne’s parent entity, Grupo MYT. The Mexico City-based company, which has 70 restaurants worldwide—including locations offering sushi and Moroccan fare—is hoping to expand some of its eateries to Los Angeles, Miami and Chicago after New York. La Crêpe Parisienne in Manhattan, which will have an order window and a few indoor tables, is scheduled to open for business by June.
Landlord 51 Spring Street Associates chose the restaurant over an apparel or accessories tenant because the crêperie brings something new to the neighborhood.
“Through the changes of the market, we found that the food concepts survive and fashion falls by the wayside,” said Faith Hope Consolo, a Prudential Douglas Elliman broker who represented the landlord along with colleague Joseph Aquino.
MAGNOLIA MARTIN, a broker with Sinvin Realty, negotiated on behalf of Grupo MYT.