Third Avenue restaurant signs 16-year lease. (Retail New York).(La Maganette )(Brief Article)(Statistical Data Included) From: Real Estate Weekly | Date: June 26, 2002 | COPYRIGHT 2002 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Landmark Third Avenue Italian eatery La Maganette will continue to serve pasta primavera and veal scaloppini in Manhattan for many years to come.

The well-known restaurant, legendary hangout of New York's literati, has just signed a 16-year lease, estimated to be worth an aggregate of $6.27 million at 825 Third Ave. (aka the Random House Building) where it has been established since the early 70s.

Insignia/ESG's David LaPierre, a managing director in the firm...