AdamStupak: May 2013

Thursday, May 16, 2013

Jay-Z, Questlove Expand Restaurant Holdings With Dueling Chicken Joints

By Billy Gray 5/14 12:54pm

Two of New York’s preeminent hip-hop artists are making moves in the city’s casual restaurant scene this week.
Buffalo Boss, the organic and hormone-free wing shack that counts Jay-Z as an investor, signed a 10-year, 600-square-foot lease at, fittingly, 400 Jay Street in Downtown Brooklyn. Buffalo Boss, notes Crain’s, is owned by Hova’s cousin, Jamar White, and has another Brooklyn location at 554 Fulton Street. It also cooks up the “official wings” of the Brooklyn Nets, the hoops team that Jay-Z had a minority stake in until cashing out his roughly .02 percent holding so as to legally begin a career as a sports agent.
Adam Stupak of Task Real Estate represented Buffalo Boss in the lease. Jason Pruger and Ross Kaplan of Newmark Grubb Knight Frank represented the landlord, Robert Zirinsky.

Jay-Z-backed wing eatery to open third spot

Buffalo Boss will open a new location on Jay Street, in the vicinity of popular chains Shake Shack and Potbelly—its third outpost in Brooklyn.

By Adrianne Pasquarelli on May 14, 2013

Wing night is coming to Jay Street. Buffalo Boss, the wing eatery in which rapper Jay-Z is an investor, has signed on for its third Brooklyn location. The three-year-old chain signed a 10-year deal for 600 square feet at 400 Jay St., at Willoughby Street. Asking rent was $30 per square foot.
Owned by Jay-Z’s cousin Jamar White, Buffalo Boss already has a location at 554 Fulton St. and inside the Barclays Center.

“They’re getting so many takeout orders from MetroTech and from Dumbo, that they wanted a location farther down[town],” said Adam Stupak of Task Real Estate, who represents the chain. He noted that the company is looking to expand into Manhattan, where it is eyeing neighborhoods including Harlem and Wall Street.

The new wings bar is expected to open for business in July. It replaces a cellphone store.