Former Oceana Restaurant Leased By Industry Vets In Deal Arranged By Sierra and CBRE

NEW YORK CITY, NY – August 22, 2011 – (RealEstateRama) — The former home of Oceana restaurant at 55 East 54th Street off Madison Avenue has been leased on a long-term basis to a partnership that – after a nearly two-year search – plans to turn the 8,300-square-foot space into a striking new four-level Mediterranean food destination. Sierra Realty Corp.’s Executive Vice President Peter Braus and Managing Director Brad Schwarz represented the landlord, and Gregory Tannor of CBRE represented the tenant