City Winery Adds Grand Central Terminal to its Roster of Locations
On Monday, April 26,2022 the MTA’s finance committee approved a license agreement that will allow City Winery to operate in a 15,888-square-foot space on the western side of Vanderbilt Hall. The popular music and vintner’s new outpost will offer a gastropub, a bar-restaurant, and a grab-n-go operation, plus live music-ensembles limited to four performers. Payments for the 3-year license will start at a $500,000 licensing fee plus 8% of gross sales, escalating to $1 million plus 10% of gross sales in the third year. The deal also includes a 2-year renewal option starting at $1.1 million plus 10% of gross sales.