Bradley Cooper's cheesesteak shop, Danny & Coop's, located at 151 Avenue A in NYC, has a new landlord, Alchemy Ventures, which purchased the building for $10.75 million. The restaurant, popular for its $17.45 cheesesteaks, operates under a secure five-year lease agreement that protects it despite the ownership change. This eatery has attracted crowds and lengthy lines since its opening in December, and has been positively reviewed on platforms like Yelp. Alchemy Ventures has expressed enthusiasm about having Cooper as a tenant, aligning with their investment strategy which focuses on high-quality properties in strategic locations.
Alchemy Ventures principal Sam Kooris called the building 'a perfect example of the type of high-quality, well-located asset that aligns with our strategic vision.'
The change of landlords won’t likely imperil the Philadelphia-style phenomenon because Cooper and co-owner Danny DiGiampietro have a five-year lease with a five-year extension option.
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