Vornado and LeFrak Sign Agreement for Le Colonial Restaurant in Manhattan
Vornado Realty Trust and LeFrak announced an agreement with Le Colonial to open a new restaurant at 50 West 57th Street, marking the acclaimed French Vietnamese concept's highly anticipated return to Manhattan. This new location is expected to open summer 2027. Under a 15-year lease, Le Colonial will create a new dining destination across 9,600 square feet located between Fifth and Sixth Avenues in the heart of Midtown Manhattan. The restaurant will feature 215 seats, offering indoor and outdoor seating, a full bar and lounge, and private dining. In addition, Le Colonial signed a companion office lease to house its New York City offices on the building's entire seventh floor.