A large new restaurant from two accomplished industry professionals is coming to the ’ ModernHaus Soho Hotel — 10,000 square-foot Selene by Kyma.
It’s a partnership of James Ragonese, formerly of LDV Hospitality, and Reno Christou, co-founder of the Kyma Greek restaurant group.
The long-vacant space at 23 Grand St., near the foot of Sixth Avenue, received “dozens’ of competitive offers,” according to Meridian Capital Group’s James Famularo, who repped landlord Thor Equities with his firm’s Jacob Mayer. Meridian’s Justin Bustamante repped the tenant.
The new restaurant coming to Modernhaus Soho’s menu will be seafood-driven. GoogleThe asking rent was $90 per square foot.
The new eatery will have a seafood-driven menu. Famularo said, “The pedigree, concept and vision behind Selene made them the clear choice.”
Kyma has locations in Flatiron, Hudson Yards, Roslyn L.I., and West Palm Beach.
Kyma’s location in Roslyn, NY. GoogleThor chairman Joseph Sitt called the deal “a win for the neighborhood, the hotel and New York’s hospitality community as a whole.”
The ModernHaus was originally known as the James. Thor bought the property in 2017 but had to close it during the pandemic.
A rendering of the rooftop of Modernhaus Soho.
Thor successfully refinanced the property with a $53.5 million loan secured through Argentic.
