T.G.I. Fridays can't seem to figure out its NYC game lately. Last week, the Riese Organization, which owns the license for Fridays in Manhattan, put two epic-sized spaces on the market (one on Union Square and another on Fifth Avenue). During the same week, the restaurant opened a 7,700-square-foot location on 34th street, just across from Penn Station. And now, the Commercial Observer gets word that the chain's putting its restaurant at 50th and 7th on the market. Perhaps all the move are some version of musical chairs; change location, change one's luck. Meanwhile, there are still talks of a large outpost with LA chain Fatburger on 34th Street on the East Side.
T.G.I. Fridays Is Playing a Round of Real Estate Musical Chairs in Manhattan
The chain recently listed three properties on the market and opened a 15,000-square-foot restaurant.