Four Seasons Restaurant Auction Fetches $4.1M Bid: Details, Items and Prices
Four Seasons has been a home for decades now for power lunch. It also caters to power bridal receptions and power dates. In a recent auction, the restaurant commemorated bidders who came for the momentous event.
Most Expensive Restaurant
The New American Cuisine restaurant in New York City is located in the Seagram Building in Midtown Manhattan. It has been operating since 1959 and has been introducing milestones in the hospitality industry. The Four Seasons restaurant was the first to print out its menu in English and the first in the US to cook using fresh, wild mushrooms. Soon after the Seagram Building was completed, Four Seasons restaurant was called to be the most expensive restaurant ever built.
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It has been reported recently that the restaurant's owner, Von Bidder and co-owner Julian Niccolini have been talking about getting the restaurant new landlords and are positive to get a new space for the food stop. The owners are getting a new location for the power restaurant and that will be located in 280 Park Avenue.
The restaurant's lease was not renewed by Seagram Building's owner Aby Rosen in June 2015. It has been reported that a new eatery in the space will be added which will be designed by the famous architect Phillip Johnson.
CBRE Group Inc. brokers, Michael Laginestra and Michael Geoghegan have been hired by the partners to help them look for potential ones.
The Auction
Von Bidder also has auctioned the contents of the restaurant just this Tuesday and the it included the Johnson-designed tables and chairs. There will also be coffee pots and Dover sole pans, some of which were designed by the late Wall Street Journal architect critic, Ada Louise Huxtable and her husband, Garth Huxtable.
The Wright auction house of Chicago was the first of hundreds to go down and check out the contents which can never be seen again at this time. In fact, architect Lee F. Mindel stated that she felt like she was making a shiva call when she was at the auction.
The auction reached to a high estimate of $1.33 million on presale and by the time the final schedule arrived by Wednesday at 12:30 am, the overall tally went up to $4.1 million. The final tally included premiums. These bidders were drawn by the designs of Johnson van der Rohe, Eero Saarinen and Garth and Ada Louise Huxtable. Thus the sale skyrocketed to the final amount.
