By Steve Cuozzo
The five-story building at 216 E. 49th St. was, for 27 years, home to a fine Chinese restaurant, Chin Chin. It later was home, for about 27 minutes, to a terrible one, Red Stix. Despite having an alleged celebrity following, it gave up the chopsticks last spring. But soon, the address will welcome a new Asian eatery: Bay Chinese Seafood Restaurant, which will be owned and operated by chef Jun Pan, who specializes in “new Cantonese cuisine.” The 4,000-square-foot lease was negotiated for both the landlord and tenant by Eastern Consolidated’s restaurant whiz, senior director and principal James Famularo, and associate director Jake Horowitz. The asking rent was $165 a square foot. According to Famularo, Pan is an instructor at the Chinese Culinary Institute who previously ran restaurants in Toronto, Los Angeles and Hong Kong. On East 49th Street, he’ll collaborate with Mok Kit Keung, a Michelin-starred dim sum chef, to create a menu with a “healthy” focus.
AS APPEARED IN THE NEW YORK POST ON DECEMBER 6, 2106