The gourmet restaurant Caviar Russe expands

Michelin-starred restaurant Caviar Russe doubles its commitment to the luxury cuisine and lameness of Madison Avenue.

His second-floor dining room at 538 Madison, near East 55th Street, will soon be joined by a caviar bar and retail store downstairs. The 2,000-square-foot site, which previously housed a ski shop, will open in October or November depending on construction, CEO Ilya Panchernikov said. The exterior will have a new look and will be renamed the Russian Caviar Building.

He closed the deal directly with longtime owner Metropole Realty Advisors. The conditions were not available.
“We took the space before COVID,” conceded Panchernikov before expressing his confidence in the future of the city and the loyalty of his long-time clientele.

“New York is a bit sleepy right now, but we’re here for the long game,” Panchernikov said. “We went through September 11 and the recession. Now our customers are blowing up our phone – do you open September 30? What we are of course.

Panchernikov said his local business had been strong throughout the pandemic: “People can’t go out to dinner, but our customers have funds” to enjoy his expensive goods at home.

The new lounge-bar on the ground floor will have 40 seats. It will share the floor with a dedicated retail counter where customers can purchase Russian Caviar products, including smoked salmon, duck foie gras and truffles, without having to go upstairs to order as per. the past.

In addition to serving customers in its romantic upstairs dining room, Russian Caviar is the supplier of many restaurants, hotels and individuals through its mail order and online services. He has held a Michelin star for six years.

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