A new pizza spot is setting up shop on Manhattan\u2019s Lower East Side, Commercial Observer has learned.<\/p>\n
NYC Thin Crust Pizza<\/a>, a growing pizzeria group in the city popular for its thin crust pizza<\/a>, has signed a 10-year lease for 5,000 square feet at the base of Penn South Capital<\/a>\u2019s residential building at 261 Bowery, according to broker Meridian Retail Leasing<\/a>. Asking rent was $22,500 per month.<\/p>\n SEE ALSO: San Francisco Office Leasing Sees Strong Q4 Amid AI Boom<\/a><\/p>\n The lease includes 2,500 square feet on the ground floor and 2,500 square feet in the basement, Meridian said.<\/p>\n The deal represents the seventh pizza outpost for the owners of NYC Thin Crust Pizza. Other pizzerias in the group are Posto at 310 Second Avenue, Gruppo at 98 Avenue B, Vezzo at 178 Lexington Avenue, Spunto at 65 Carmine Street, Tappo at 49 West 24th Street, and Brado at 155 Atlantic Avenue in Brooklyn.<\/p>\n \u201cThe Bowery has evolved from an emerging market to a proven incubator for food-driven retail,\u201d Meridian\u2019s Carson Shahrabani, who brokered the deal for both the tenant and landlord along with Noam Aziz and Garrett Kelly, said in a statement.<\/p>\n \u201cQuality operators like NYC Thin Crust recognize the corridor\u2019s momentum, and our ability to secure a tenant in 30 days speaks to the strength of our platform and the depth of demand we\u2019re seeing,\u201d Shahrabani added. \u201cThis neighborhood is firing on all cylinders right now, and landlords who move decisively are reaping the rewards.\u201d<\/p>\n Spokespeople for NYC Thin Crust Pizza and Penn South Capital did not immediately respond to requests for comment.<\/p>\n NYC Thin Crust Pizza, which serves pizza, pasta, specialty sandwiches and salads alongside beer and wine, will open its yet-to-be-named spot between Stanton and East Houston streets during the second quarter of 2026.<\/p>\n The pizzeria will be at the base of 261 Bowery, a three-story residential building with two condo units, according to StreetEasy<\/a>.<\/p>\n Isabelle Durso can be reached at idurso@commercialobserver.com<\/a>.<\/p>\n \t