Newmark Arranges Lease for MAMO Italian Restaurant at the Iconic Lipstick Building in Manhattan

August 7, 2025 9:00 AM

Acclaimed Italian restaurant MAMO is bringing its signature downtown energy uptown with a 7,000-square-foot lease at the iconic Lipstick Building, Newmark Retail announced. The restaurant will occupy 5,000 square feet on the ground floor and 2,000 square feet on the lower level at 885 Third Avenue, marking a new chapter in the repositioning of the asset under SL Green Realty Corp. Newmark Senior Managing Director Adam Weinblatt, who serves as the exclusive retail leasing agent for the property, represented ownership.

“MAMO belongs at the center of where design and distinction matter most,” said Spencer Levy, Senior Vice President, Leasing at CBRE. “Nestled in one of Manhattan’s most architecturally bold addresses, this location is sure to become a go-to Midtown destination.”

Previously home to Wolfgang’s Steakhouse for 15 years, the space attracted significant attention from top-tier hospitality groups—sparking a competitive bidding process. Ownership ultimately selected MAMO for its ability to elevate the building’s retail profile and introduce a modern, high-touch dining experience that reflects the next generation of Midtown’s culinary scene. MAMO currently operates locations in SoHo, New York and Brickell, Miami. The Lipstick Building site is expected to begin construction in August, with a grand opening slated for late Q1 2026.

“MAMO brings an elevated yet approachable vibe that’s rare in this pocket of Midtown,” said Weinblatt. “It was critical for ownership to curate a tenant that not only activated the space but enhanced the overall experience of the building. This lease reflects a strategic investment in long-term placemaking at the Lipstick Building.”

SL Green recently completed a multi-million-dollar capital improvement program at the property, featuring a redesigned lobby, elevator cab improvements, façade restoration and exterior landscaping and added amenities, further enhancing the building’s market position and tenant appeal.

Located at 885 Third Avenue between East 53rd and 54th Streets, the Lipstick Building is one of New York’s most architecturally distinctive towers. Originally designed by Philip Johnson and John Burgee, the property came under full SL Green ownership during the pandemic. In 2022, SL Green sold the upper floors to Memorial Sloan Kettering Cancer Center and retained 200,000 square feet of office and retail space.

CBRE’s Spencer Levy represented the tenant in lease negotiations.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents.To learn more, visit nmrk.com or follow @newmark.

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