Red Lobster, the world's largest seafood casual dining restaurant operation, will open its first establishment in Manhattan next year. The restauarant has signed a ten-year lease to occupy a 14,513-SF three-level mega premise at 5 TIMES SQUARE, at the corner of 41st Street and Seventh Avenue. Insignia/ESG's David Green and C. Bradley Mendelson arranged the transaction on behalf of landlord Boston Properties, while Andrew Mandel and Peter Ripka of Ripco represented Red Lobster.

"We are very excited that Red Lobster has finally come to New York. And where better to debut than in Times Square! The space is generous, highly visible, and an ideal location to attract the busy ...