Downtown Magazine was delighted to share in the opening of Addison Hospitality Group’sMagnolia Restaurant and Lovage Rooftop Lounge, as located on the border of the Hudson Yards and Hell’s Kitchen.
The intimate VIP dinner was a comfortable and relaxing time for all, as we were able to share time together in the brand new luxe-meets-classic restaurant. Following the small gathering, there was a much larger and louder party that continued upstairs in the Lovage Rooftop Lounge.
“We have worked with Ric Addison before at one of our long-time favorites, Monarch Rooftop, and there’s no doubt that Addison knows how to put combine great views and delicious American fare. We will follow him anywhere,” said CEO of Downtown Magazine , Grace A. Capobianco.
The 4,000 square-foot lounge space offers breathtaking 360 degree views of the city through floor to ceiling windows, complete with a glass roof.
Capobianco continued: “Guests from all over the Tri-State area came in to celebrate the opening of this beautiful new rooftop lounge. DJ Jamal Rigault spun great tunes and kept the party rocking long after I left. The space is incredible and even better — right in the heart of the city. I wish to thank all of our guests, including our former staff members who graced us with their presence, as well as the NY Hustle Community, and of course our host, Ric Addison.”
The Addison Hospitality Group’s founder Ric Addison
Addison Hospitality Group owner Ric Addison began a career in hospitality well over two decades ago. Originally from Ireland, Ric got his start in New York hospitality working alongside nightlife legends like Ian Schrager and Rande Gerber. The first notable establishment of his own was the AVA Lounge at the Dream Hotel, which he opened in 2002; New York Magazine would go on to name it “Best After Work Drink” spot in a Best Of New York issue. Further acclaim would come quickly from other establishments of Ric’s, like the Inc Lounge at The Time Hotel — which once hosted Lady Gaga and Madonna in its VIP “Pool Room” — and THE BAR at the Dream Hotel.
Four years ago in 2013, Ric opened the Monarch Rooftop & Indoor Lounge. Located 18 floors above Herald Square, the beautifully-decorated Monarch was designed by Natalie Todorova of Gene Kaufman Architects. Beyond its signature cocktails, Monarch offers an immaculate view of the Empire State Building and other parts of Midtown. Not just ideal for a summer visit, Monarch uses heat lamps when necessary, welcoming evening visitors to experience its Scandinavian-style décor throughout the year.
Downtown spoke with Ric in December 2016 to learn more about Monarch and other Addison Hospitality Group establishments. More info can be found at www.addisongroupnyc.com, while Monarch itself can be followed on social media via accounts on Instagram, Twitter and Facebook.
You are the owner of the Addison Hospitality Group. What inspired you to start your own hospitality group?
Ric Addison: My background in hospitality dates back from my roots in Ireland. My entire family has been in the hospitality business in some way or another. My father was the manager at an Executive social club in Ireland. When I came to the United States, I decided I wanted to pursue a career in hospitality. I worked my way up all the way from a barback, learning from the likes of the venerable Ian Schrager and Rande Gerber. I knew from then on that I wanted to bring a level of hospitality that the New York elites expect, but make it available to everyone.
RA: There is no typical day and never a humdrum moment. Everything is constantly changing at a rapid pace, and that is part of the reason why I love it. From finding and transforming new spaces into nightlife destinations, working with my team to develop ideas, and just meeting new customers, I consider myself fortunate to enjoy going to work every day.
RA: I think I truly found my niche with rooftop bars when I opened the AVA Lounge at the Dream Hotel. I noticed that Midtown professionals wanted a respite from the bustling city after a hard day’s work and AVA was a getaway in the middle of Manhattan.
RA: Gerber Group bars with Randy Gerber, Ian Schrager at The Paramount Hotel, and every major nightclub in the 80s and 90s. I started as a manager at the Whiskey Bar and rose to Director of Operations for the Gerber Group.
What can you tell me about your two newest venues, Magnolia Restaurant and Lovage Rooftop & Indoor Lounge?
RA: I am proud to be opening Magnolia Restaurant and Lovage Rooftop & Indoor Lounge in 2017. Magnolia will be the first restaurant addition to the Addison Hospitality Group portfolio. It was designed to be elegant, but comfortable; a place that you want to visit because of its quality food at an affordable price. Lovage is a continuation of our beloved AVA Lounge, which recently closed. Loyal patrons of AVA will notice a lot of the same design elements in Lovage. We invite guests of all ages to visit, from ages 21 to 91. We think there’s something for everyone to enjoy.
Do you have a favorite item served by Magnolia? What about Lovage?
RA: At Magnolia, the Deviled Duck Eggs with maple horseradish, mustard, a touch of cayenne pepper, and crispy bacon bits. At Lovage, I love to sip on our Hell’s Kitchen take on a Bloody Mary. We call it the Mahola Cocktail, with Smoky Mezcal, Roasted Tomatillos, Wasabi, Fresh Lemon and a Sweet Paprika and Sesame Salt Rim that will wake you right up.
Any special events coming up at any of your establishments? Holiday specials?
RA: Yes, Magnolia and Lovage are booking up quickly for Fashion Week in February, along with a Valentine’s Day party at Lovage. Things will really heat up at Lovage when the warm weather arrives this spring and patrons can take advantage of the warm temperatures in New York City.
It’s been said that the Addison Hospitality Group aims to provide “white glove service without the white gloves.” Is there a particular entrepreneur that inspired that philosophy?
RA: I wanted to show people elegant service without being confined to the parameters of the Meatpacking District. Every guest is equally important to me. No particular entrepreneur inspired that philosophy in me, but myself. However, I do view Richard Branson as an inspiration of business.
When not busy with work, how do you like to spend your free time?
RA: I always enjoy spending time with my wife and daughter, sailing and golfing.
Other than your own, do you have a favorite restaurant in New York?
On Oct. 18, Downtown Magazine held its Fall 2016 Cover Launch Party at the new Four Seasons Downtown Private Residences at 30 Park Place in Tribeca. Champagne and hors-d’oeuvres were served and guests had the luxury of enjoying the incredible interiors designed by Robert Couturier and stunning views of Lower Manhattan from the 78th Floor in one of the newly-finished penthouses.
With a long guest list, the who’s who of the downtown area joined Downtown in celebration of this very special issue of the magazine. As the undeniable architect of Lower Manhattan, the man on the new issue’s cover story, Larry Silverstein, was the event’s special guest.
“The first time I came upon Grace Capobianco, I said to her ‘You’re a unique woman”
“I never expected to have the opportunity of having a magazine as spectacular as the magazine we have with us tonight”
The elevators were overwhelmed with guests who included; VIPs and real estate power players including:
In tribute to the aforementioned Larry Silverstein — a pillar in the rebuilding of Lower Manhattan — Downtown prepared two surprises for the evening’s special guest. After Mr. Silverstein had given a speech, Downtown CEO & Publisher Grace A. Capobianco thanked Mr. Silverstein with a heartfelt video by Director & Cinematographer Zurab Katamadze and Photographer Dimitri Mais with help from the Downtown team, featuring many of Mr. Silverstein’s closest friends and collaborators, both in real estate as well as in the downtown area.
Friends such as Bruce Ratner,Norman Sturner, and Leonard Boxer spoke to Silverstein’s character, while local community figures including Jessica Lappin,Gale Brewer, and Catherine McVay Hughes talked about the incredible role Silverstein has played in the revitalization of downtown. Within the video, his daughter Lisa Silverstein and her husband Tal Kerret noted how incredibly lucky they are to be a part of the Silverstein family and how both Larry and Klara Silverstein inspire them every single day. Son Roger Silverstein offered similarly-touching sentiments.
“We’re blessed to have the magazine and we are blessed to have her”
The second surprise from Downtown was in the form of music. When Ms. Capobianco first learned of Mr. Silverstein’s love of classical music, she knew exactly who to call. Her dear friend Gregory Harrington, Ireland’s most recognized violinist, who has played all over the world for celebrities heads of states and several times at Carnegie Hall. Most recently he played for Hillary Clinton.
Although it was Downtown honoring Mr. Silverstein, he spoke eloquently about Ms. Capobianco’s talent, passion and incredible job she’s done with launching Downtown Magazine almost 8 years ago. A much-needed vehicle for the new downtown.
“I never expected to have the opportunity of having a magazine as spectacular as the magazine we have with us tonight and the person who is remarkable, responsible for everything in that magazine because of the passion that she has for this magazine — the passion she has for everything that exists down here in Lower Manhattan, at the end of the day, we’re blessed to have the magazine and we are blessed to have her. Lo and behold I’m on the front cover, so how can I say anything negative about this magazine. The first time I came upon Grace Capobianco, I said to her ‘You’re a unique woman.’ Unique because whatever she did, she did it with such zest, with such drive, with such passion that I finally said to her “You know, I’ve never met another magazine publisher like you.” She said, “Well, how many have you met?” I replied “Well, you’re the only one that I’ve met,” said Mr. Silverstein as he and the crowd roared with laughter.
