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Infinity Real Estate Purchases 158 8th Avenue

Sep 10th, 2012

New York, NY, September 10, 2012 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 158 8th Avenue, a 1,200 square foot retail condo in Manhattan. 158 8th Avenue is the most recent addition to Infinity’s national portfolio of urban retail properties.

Located in the heart of the Chelsea neighborhood, 158 8th Avenue is the former home of Gascogne Restaurant. The re-developed and renovated retail space will now be home to Gabriel Stulman’s newest restaurant Montmartre. Montmartre will join the Little Wisco portfolio which features successful West Village eateries such as Chez Sardine, Perla, Fedora, Jeffrey’s Grocery and Joseph Leonard.

The 1,200 square foot restaurant can seat up to 108 guests; with 46 seats in the main dining room; a 14-person private dining room, and a covered outdoor garden that can seat up to 48. The restaurant will feature French-American Bistro and cater to the local audience. Mr. Stulman will team-up with Chef Tien Ho who will be both the executive chef and co-managing partner. Previously, Chef Tien Ho was the mastermind behind successful restaurant establishments such as Ma Peche and Momofuku. With his Little Wisco partnership, Chef Tien Ho will now design a new concept that will showcase his considerable range, to the utmost.

About Infinity Real Estate, LLC
Infinity Real Estate is a New-York-based private real estate owner, investor, and operator focused on the acquisition, redevelopment, and re-positioning of commercial properties across select U.S. markets. Infinity Real Estate is the property acquisitions, development, and management unit, owned and operated by the Infinity Group. The Company’s owned portfolio comprises of approximately 50 commercial properties and development projects in 13 states. Through its affiliates and portfolio companies Infinity oversees in excess of 115 properties representing over 20 million square feet. The Company’s principals have led or have directly transacted in over $2.5 billion of real estate related investments, representing over 75 asset or project acquisitions or developments, as well as several private corporate deals. The Company has established a strict investment discipline centered on active management of all its projects. For more information about Infinity Real Estate, visit infinitygrpms.wpengine.com.

 
About Gabriel Stulman
Gabriel Stulman opened the beloved West Village restaurant Little Owl at the age of 25. Just two years later came Market Table, another neighborhood staple. In 2009 Stulman opened his first solo venture, named for both of his grandfathers, Joseph Leonard on Waverly Place to rave reviews. This fall, across the way, he opened Jeffrey’s Grocery, a grocery store, luncheonette, oyster and wine bar in the quaint corner shop on Christopher Street and Waverly Place. Most recently, Mr. Stulman has opened Fedora, a raffish neo-speakeasy, located only a few blocks away from Leonard and Jeffrey’s and Perla, a neighborhood rustic Italian gem.