{"id":321099,"date":"2025-10-21T12:01:29","date_gmt":"2025-10-21T12:01:29","guid":{"rendered":"https:\/\/www.europesays.com\/us\/321099\/"},"modified":"2025-10-21T12:01:29","modified_gmt":"2025-10-21T12:01:29","slug":"michelin-starred-dumpling-house-din-tai-fung-takes-20k-sf-for-second-nyc-location-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/321099\/","title":{"rendered":"Michelin-Starred Dumpling House Din Tai Fung Takes 20K SF for Second NYC Location \u2013 Commercial Observer"},"content":{"rendered":"<p><b><a href=\"https:\/\/commercialobserver.com\/company\/din-tai-fung\/\" title=\"Din Tai Fung\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Din Tai Fung<\/a><\/b> is opening its second New York City location in Downtown Brooklyn.<\/p>\n<p>The Michelin-starred restaurant chain with more than 180 locations globally signed a 20,000-square-foot retail lease at<b> 567 Fulton Street<\/b>, a 591-unit residential building known as <b>the Brook<\/b> that is owned by <b><a href=\"https:\/\/commercialobserver.com\/company\/witkoff\/\" title=\"Witkoff\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Witkoff<\/a><\/b> and <b><a href=\"https:\/\/commercialobserver.com\/company\/apollo-global-management\/\" title=\"Apollo Global Management\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Apollo Global Management<\/a><\/b>, according to ownership. The new location is expected to open in 2027.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2025\/10\/coworking-outside-central-business-districts-downtowns\/\" rel=\"nofollow noopener\" target=\"_blank\">Coworking Spots Continue to Proliferate Farther From Central Business Districts<\/a><\/p>\n<p>The landlords did not disclose the asking rent or the length of the lease for the space. The average retail asking rent in Downtown Brooklyn in the first half of 2025 ranged from $115 per square foot on Court Street to $190 per square foot on Fulton Street, <a href=\"https:\/\/commercialobserver.com\/2025\/10\/rebny-brooklyn-retail-h1-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">according to a report from the <b>Real Estate Board of New York<\/b><\/a>.<\/p>\n<p><b>Chris DeCrosta<\/b> of <b><a href=\"https:\/\/commercialobserver.com\/company\/goodspace\/\" title=\"GoodSpace\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">GoodSpace<\/a><\/b> negotiated on behalf of ownership while <b>Ben<\/b> <b>Birnbaum<\/b> of <b><a href=\"https:\/\/commercialobserver.com\/company\/newmark\/\" title=\"Newmark\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Newmark<\/a><\/b> represented Din Tai Fung.<\/p>\n<p>DeCrosta and Newmark did not immediately respond to requests for comment.<\/p>\n<p>After being introduced to the public as a cooking oil in 1958, Din Tai Fung opened its first restaurant in Taipei in 1972 before spreading to nearly every corner of the world. It eventually brought its trademark dumplings to the <b>Paramount Group<\/b>-owned <b>1633 Broadway,<\/b> where it signed a 26,400-square-foot lease <a href=\"https:\/\/commercialobserver.com\/2022\/02\/din-tai-fung-lease-nyc-1633-broadway-paramount-group\/\" rel=\"nofollow noopener\" target=\"_blank\">in 2022<\/a>.<\/p>\n<p>The restaurant will serve as another amenity for 567 Fulton\u2019s residents, according to the landlords, who put the finishing touches on the 51-story skyscraper <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/newyorkyimby.com\/2025\/05\/the-brook-nears-completion-at-567-fulton-street-in-downtown-brooklyn.html\">in May<\/a>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2025\/10\/din-tai-fung-lease-567-fulton-street\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Din Tai Fung is opening its second New York City location in Downtown Brooklyn. The Michelin-starred restaurant chain&hellip;\n","protected":false},"author":3,"featured_media":321100,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[160770,5229,160771,160772,7745,405,403,5226,5225,5228,5227,6270,160773,67,586,132,5230,68,2969],"class_list":{"0":"post-321099","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-567-fulton-street","9":"tag-america","10":"tag-ben-birnbaum","11":"tag-chris-decrosta","12":"tag-leases","13":"tag-new-york","14":"tag-new-york-city","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-retail","20":"tag-the-brook-channel","21":"tag-united-states","22":"tag-united-states-of-america","23":"tag-unitedstates","24":"tag-unitedstatesofamerica","25":"tag-us","26":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115412054123664933","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/321099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=321099"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/321099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/321100"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=321099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=321099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=321099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}