- Associated Press - Saturday, May 28, 2016

NEW YORK (AP) - A restaurant considered by many to be New York City’s original power lunch spot has found a new location.

The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram Building in 1959. It is scheduled to close in July. The building’s owner said last year he was not renewing the lease.

Restaurant owners Alex von Bidder and Julian Niccolini said Saturday they are relocating the restaurant to 280 Park Ave., an office tower on Manhattan’s East Side. An 18-month renovation of the space will begin next week.

The space in the Seagram will be leased to a team that’s opened several trendy downtown eateries.

The restaurant is hosting a series of events in July including a dinner with Chef Mario Batali.

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