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Ichiran Chooses Newly Redesigned 31 Penn Plaza for Its First Manhattan Location

09.15.17

Famed Japanese Chain to Open at 132 West 31st Street

NEW YORK —RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced today that it has arranged a 4,596-square-foot lease with Ichiran, the tonkotsu ramen chain with 60 locations in Japan, for its first restaurant in Manhattan, at 31 Penn Plaza, located at 132 West 31st Street. Joining its Brooklyn restaurant, this will be Ichiran’s second location in the U.S. and will open in winter 2017.

RKF Managing Director David Abrams and Associate Carly Geller represented the landlord, Vanbarton Group. Ichiran was represented by Newmark Grubb Knight Frank’s Hymie Dweck and Tatsuru Kono.

Ichiran’s space features 2,796 square feet on the ground floor, 900 square feet on the mezzanine level and 900 square feet in the lower level, as well as 20 feet of frontage on West 31st Street. 31 Penn Plaza is an 18-story, 440,000-square-foot office building featuring a brand new entrance, enhanced signage and façade uplighting, a dramatically redesigned lobby and stylishly designed elevator cabs. 31 Penn Plaza is home to architecture firms, media agencies and engineering companies.

Situated on the south block between Sixth Avenue and Seventh Avenue, 31 Penn Plaza is just steps from Madison Square Garden, New York’s Penn Station and Herald Square, and minutes from Grand Central Station. Neighbors include Friedman’s, Pennsylvania 6, Brown’s Bagels, AT&T, Starbucks, Gregory’s Coffee, Barilla, L’Amico, Pret A Manger, Hale and Hearty Soups, Europa Café, Fresh & co., and Five Guys Burgers and Fries.

“31 Penn Plaza is ideal for Ichiran’s first Manhattan location,” said Abrams. “The ramen shop will cater to the financial and media tenants above and nearby, as well as the thousands of tourists and shoppers in the area every day.”

About RKF

The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco, Tokyo and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.

RKF’s New York City office is located at 521 Fifth Avenue, Floor 7, New York, NY 10175. T: 212.599.3700. www.rkf.com

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