Delmonico's to Open Second Location in Midtown After Nearly Two Centuries
Delmonico's, widely recognized as America's first fine-dining restaurant and a historic fixture near Wall Street since its 1837 opening, is preparing to expand with a second outpost in Midtown Manhattan scheduled to open next year. Despite the challenging economic backdrop of rapidly rising beef prices, the iconic establishment aims to replicate its legacy of serving distinguished figures like Abraham Lincoln and Mark Twain. Originally surviving early financial panics and real estate bubbles, the brand continues to demonstrate resilience. This expansion marks a significant milestone for the nearly 200-year-old business, signaling confidence in the hospitality sector even amidst inflationary pressures on key ingredients.
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Delmonico's to Open Second Location in Midtown After Nearly Two Centuries
Delmonico's, widely recognized as America's first fine-dining restaurant and a historic fixture near Wall Street since its 1837 opening, is preparing to expand with a second outpost in Midtown Manhattan scheduled to open next year. Despite the challenging economic backdrop of rapidly rising beef prices, the iconic establishment aims to replicate its legacy of serving distinguished figures like Abraham Lincoln and Mark Twain. Originally surviving early financial panics and real estate bubbles, the brand continues to demonstrate resilience. This expansion marks a significant milestone for the nearly 200-year-old business, signaling confidence in the hospitality sector even amidst inflationary pressures on key ingredients.
WSJ.com: Real Estate