Kyma Restaurant's New Journey in SoHo
Exciting news is brewing in the culinary world as Kyma, a restaurant renowned for its exquisite Mediterranean offerings, prepares to launch its fourth location in an iconic setting known for its vibrant dining scene. Positioned at the ModernHaus SoHo Hotel, this sprawling restaurant will occupy over 10,000 square feet of prime space, strategically located to attract both locals and tourists.
A Visionary Lease at ModernHaus
Kyma secured this coveted lease after a competitive selection process, having drawn numerous proposals before it was chosen. This property is one of the most sought-after fully operational restaurant spaces in SoHo, offering a unique opportunity that few establishments can match. James Famularo and Jacob Mayer, representing the landlord through Meridian Capital Group's Retail Leasing team, played a vital role in this agreement, while Justin Bustamante, also from Meridian, represented Kyma.
A Shift in the Market Landscape
James Famularo commented on the changing landscape of the real estate market, emphasizing the rapid turnover of previously vacant spaces. "It’s a whole new world. Spaces that sat vacant for years are flying off the shelves, especially in the restaurant sector. Landlords are becoming increasingly selective, searching for tenants with a proven track record to fill these coveted spots," he stated. Given Kyma's esteemed reputation for delivering exceptional dining experiences, it became the clear choice for this prestigious address.
The Essence of Kyma
Kyma has built its legacy on a foundation of fresh seafood, traditional Mediterranean flavors, and the warm hospitality that Greece is celebrated for. With existing locations in Flatiron, Roslyn, and Hudson Yards—all recognized by the Michelin Guide—Kyma's newest venue aims to elevate its brand while delivering a polished yet inviting ambiance that aligns effortlessly with SoHo's cultural ethos of luxury retail, art, and premier dining.
Positive Reactions and Future Prospects
Joe Sitt, Chairman of Thor Equities Group, expressed enthusiasm about the new addition to ModernHaus SoHo. "We are thrilled to welcome Kyma to our establishment. This iconic space is ideally suited for a tenant of Kyma’s caliber, whose commitment to excellence aligns perfectly with our vision of making ModernHaus a standout destination in SoHo," he shared. Furthermore, Bustamante added that Kyma’s new location would provide an unparalleled platform to reach an even broader audience, combining local charm with international flair.
About Thor Equities Group
Thor Equities Group stands at the forefront of the development, leasing, and management of various asset types, including residential, commercial, and mixed-use properties. With a robust portfolio of over $20 billion and an expansive development pipeline exceeding 50 million square feet, Thor Equities successfully operates in major markets around the globe. The firm has positioned itself as a leader in the real estate sector by focusing on institutional investments while maximizing tenant satisfaction and operational efficiency.
Frequently Asked Questions
What is Kyma known for?
Kyma is celebrated for its fresh seafood and traditional Mediterranean flavors, along with outstanding Greek hospitality.
Where will the new Kyma location be situated?
The new Kyma restaurant will be located at the ModernHaus SoHo, a prominent venue in New York City.
When is the new location expected to open?
The Kyma restaurant in SoHo is set to open in 2026, expanding its reach in the urban dining scene.
Who represented Kyma in the lease agreement?
Justin Bustamante of Meridian Capital Group represented Kyma in securing the lease for the new location.
What other locations does Kyma operate?
Kyma has existing locations in Flatiron, Roslyn, and Hudson Yards, all of which are recognized by the Michelin Guide.
