AFI USA Debuts Three New Leases Totaling 42,000 Square Feet in Heart of Times Square Including Food Network Personality Guy Fieri’s First New York City Restaurant Concept – Opening Today

Africa-Israel USA and Five Mile Capital, the owners of the retail space in the historic Times Square Building, are pleased to announce the grand opening of an exciting new restaurant concept in what formerly housed printing presses and loading bays on the ground floor of the iconic building. Existing tenants such as Discovery’s Times Square Exhibitions and Bowlmor Lanes are joined by Food Network personality Guy Fieri’s first New York City restaurant, Guy’s American Kitchen & Bar, opening today. Ha! Comedy Club and Jekyll & Hyde Café are slated to open in the coming months and will complete leasing on the West 44th Street side of the building.

Jon Bloostein, Founder and CEO of the successful Heartland Brewery bar & restaurant chain, has collaborated with Fieri on Guy’s American Kitchen & Bar, which will occupy over 15,600 square feet spanning three floors with 500 seats and numerous private dining spaces. The menu, highlighting Fieri’s signature style from his television shows, books, and restaurants, includes items such as Beer and Honey Porchetta and Grilled Lamb Chops with Mint Pesto, as well as unique beers brewed locally by Heartland Brewery.

Tamir Kazaz, CEO for Africa-Israel USA, says “We have been focused on food and entertainment uses for the space so it is a pleasure to welcome accomplished restaurateur Jon Bloostein and pop icon Guy Fieri to our building.”  Damien Stein, Director of Asset Management for Africa-Israel USA adds “It’s a winning combination.”

RKF was the brokerage firm for Guy’s American Kitchen & Bar. CB Richard Ellis has been involved in the leasing of the commercial space in the Times Square Building since mid-2011, and will handle the next phase of retail leasing on the West 43rd Street side of the building. Gary Trock and Lon Rubackin, Senior Vice Presidents of CBRE Retail Services Group, secured Ha! Comedy Club as the tenant for 3,250 square feet of space on the West 44th Street side of the building. “Now that the West 44th Street side is fully occupied,” Trock says, “we are swiftly getting to work on marketing an additional 37,000 square feet of prime retail space on the West 43rd Street side.”

For more information about Africa-Israel USA, visit www.afigroup-global.com.

ABOUT AFRICA-ISRAEL USA

AFI USA, a subsidiary of Africa-Israel Investments, Ltd., is a real estate development company operating throughout the United States. Its corporate headquarters, based in Manhattan, manages assets in New York, Florida and California.

AFI USA has a diverse portfolio of developments and income-generating properties that serve both residential and commercial uses. AFI USA has built a reputation of excellence in its residential developments introducing some of the top brands in the residential market including 20 Pine by Armani Casa, Downtown by Philippe Starck and Marquis Residences in Miami.