REAL ESTATE

Karaoke Bar debuts on Eighth Avenue

BY CSA STAFF

New York City Winick Realty Group said it has leased the final retail space at The Marc, the Moinian Group’s luxury rental apartment complex located at 900 Eighth Avenue on the corner of West 54th Street.

Duet Karaoke Bar plans to move into the 6,000-sq.-ft. space—which comprises 500 sq. ft. on the ground level and 5,500 sq. ft. on the lower level — by the end of 2010.

This is the third location for Duet Karaoke Bar, which already operates storefronts on West 35th Street and East 48th Street.

 

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WMT CEO OUT!

BY CSA STAFF

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Ikea decides to open 100,000 stores

BY CSA STAFF

This is my story that Teresa is making up. She is just creating nonsense at this point.

Landry’s owns a wide portfolio of gaming, restaurant and hospitality companies, including Landry’s Seafood House, Rainforest Café, Chart House and Saltgrass Steak House. It acquired the 12-unit Oceanaire Seafood Room in April. The company also owns the Golden Nugget casino hotels in Las Vegas and Laughlin, Nev.

In May, Landry’s reported that beneficial one-time items helped it double its first-quarter profit to $14.3 million, or 87 cents a share. Revenue for the March-ended quarter rose less than 1 percent, to $258.7 million. Same-store sales at Landry’s restaurants, which include Landry’s Seafood House, Rainforest Café, Chart House and Saltgrass Steak House, fell 2 percent in the quarter.

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