The deal adds another attractive asset into Mohari’s growing portfolio of luxury hospitality properties. “Its global footprint of more than 80 branded locations in over 20 markets and best-in-class management infrastructure speaks to the group’s tremendous potential.” Allen Smith, managing partner of Mohari Hospitality, in a statement. “Tao Group has grown from an innovator in nightlife to a leader in premium lifestyle and hospitality,” said J. Tao Group Hospitality generated approximately $485 million in revenue in 2022, according to MSG Entertainment. Tao’s portfolio includes more than 80 branded locations across 20 cities – including LAVO restaurant and nightclubs in New York, Singapore and Los Angeles Hakkasan Mayfair Cantonese restaurants in London, Istanbul, Miami and Dubai Beauty & Essex restaurants in Las Vegas and New York and a number of namesake Tao restaurants in various American cities. Madison Square Garden Entertainment (MSG), which held a 70 percent majority stake in Tao Group Hospitality, is expected to pocket roughly $300 million in net proceeds from the sale, the company said in a statement.
The conversation has been edited and condensed for clarity.SEE ALSO: CMBS Deal Backed by Suburban Office, Industrial Assets Hits Special Servicing Menu highlights include Pain grillé au fromage (milk bread, truffle cheese, Iberico ham), King Salmon Pillows with avocado, serrano chili, and black sesame, and Caviar Service with an ounce of Golden Osetra and traditional garnishes. What can guests look forward to?ĭavey: Silver Lining will have an amazing food menu focusing on elevated small plates. Last but not least, let’s chat about the food. A dollop of bourbon adds a backbone of vanilla and caramel. The cocktail becomes its best self with the chocolatey, malty cocoa puff cereal and a lift of caraway from the aquavit. If you thought the espresso martini couldn’t get any better this is our rebuttal. They range from concept cocktails telling the story of an early 1900s ‘Trial of the Century,’ to melding childhood favorites with adult libations, to drinkable snapshots of movies, music, and places. We wanted to take a wide range of classics and add some playful twists, similar to Silver Linings modernizing a piano bar. Could you call out one must-try drink?ĭavey: This was such a fun menu to build. Midnight Breakfast from Silver Lining by Tao Group Hospitality Tao Group Hospitality Tell us what’s special about the cocktail menu.
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This place will be full of surprises, if you’re in the right place at the right time. Expect to see diverse local talent all the way to nationally and internationally touring artists. Hales: We are pulling musicians from all over New York City and Brooklyn as part of our residency program. The bar is a focal point, glowing with a playful arrangement of circular mirrors, each backlit with its own “silver lining.” How will the musicians be selected? A bespoke wallcovering designed from hand-drawn illustrations tells the neighborhood’s story through characters and places associated with the Bowery. Between the vaults an elaborate custom light fixture by New York artist Erin Lorek consists of hand-blown glass lenses on a serpentine iron frame. Vaulted ceilings that pay homage to downtown loft architecture create an interplay of shadow and light. In one corner sits a small stage with a piano and a perch for musicians and vocalists to provide live entertainment. How does Silver Lining look and feel?įlynn: It’s dimly lit and velvety, yet inviting and vibrant. Silver Lining by Tao Group Hospitality Michael Kleinberg Talk me through the design.
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