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RKF Secures First-Ever Manhattan Location for Ruby Tuesday in Times Square
09/26/2006


Casual dining restaurant company leases 10,509 square feet

NEW YORK, NY — Robert K. Futterman & Associates, LLC (RKF), the nation’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, has secured 10,509 square feet retail space for Ruby Tuesday, a casual dining restaurant in the heart of Times Square.

RKF Associate Stefany Di Manno represented the tenant exclusively. The building’s owner was represented by David Green and Steven Soutendijk of Cushman and Wakefield.

Located on the Northeast corner of 41st Street and Seventh Avenue, the retail space encompasses 2,947 square feet on the ground floor and 7,562 square feet on the second floor.

This is the first Manhattan-based location for the restaurant and the largest real estate transaction in the company’s history. The company has more than 850 company-owned and franchised restaurants in 42 states, the District of Columbia, Puerto Rico, and in international locations.

“This new location will be a terrific addition to the dining, retail and entertainment options Times Square is famous for. It is the ideal setting in the heart of New York City. The area attracts tourists as well as families from the metro area who are looking for affordable family-themed entertainment and world-famous shopping,” said Di Manno.

The new restaurant is slated to open in April 2007. Women’s fashion retailer Ann Taylor will be a neighboring tenant.

The country's leading independent real estate firm specializing in retail leasing and investment sales, Robert K. Futterman & Associates LLC (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $4 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 Las Vegas, Los Angeles and San Francisco.
 
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