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New restaurant to open on site of old Le Cynge.

Oceana, a new restaurant specializing in seafood, will open on Manhattan's East Side at 55 East 54th Street, New York City, under the terms of a lease arranged by Garrick-Aug Associates Store Leasing, Inc., and Robert Lawrence Real Estate Associates, it was announced.

The new restaurant will occupy completely redecorated space formerly occupied by the renowned Le Cygne restaurant, which closed last August.

Owners of the restaurant are John Livanos and his sons Nicholas and Bill, who operate a well-known restaurant bearing their name in White Plains, and their partner James Galileo.

Galileo, a graduate of the Culinary Institute of America and the former chef at Livanos Restaurant, will be the chef at the new restaurant.

Oceana will seat 130 persons for luncheon and dinner. The restaurant also will have a private dining room within its wine cellar.

The Livanos family has been in the restaurant business in the metropolitan area for more than 35 years and is renowned for the quality and extent of their wine collection, of which a substantial portion will fill Oceana's wine cellar.

Charles Aug, president of Garrick-Aug Associates, said, "The Livanos family saw a unique opportunity in an upscale, highdensity area of Manhattan. The neighborhood has a large corporate community by day, and by night the restaurant should attract many guests from the several highly-rated hotels nearby."

Jonathan Krivine and Robert Greenstone of Garrick-Aug arranged the transaction for the building owner, Park Tower Realty, and Robert E. Lawrence of Robert Lawrence Real Estate Associates, represented Oceana.
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Title Annotation:Oceana
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Feb 19, 1992
Words:252
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