Bielat Santore & Co. has brokered the sale of a Mahwah steakhouse, the real estate company announced this week.
The River Palm Terrace, at the corner of routes 17 and 202, is one of three River Palm Steak House locations, along with Fair Lawn and Edgewater restaurants. The new owners, Patriot Gjonbalaj and Frank Gashi, are New York-based restaurateurs, according to the Allenhurst firm.
“The new proprietors … are both very familiar with New York City high-end restaurants, having spent a good part of their 20-plus-year careers training and working in them,” Bielat Santore sales associate David A. Alvarez said in a prepared statement.
Alvarez, along with Barry Bielat, handled the deal for Bielat Santore.
Gjonbalaj and Gashi had worked together managing Il Mulino Prime Restaurant, after working together at Scalinatella Restaurant, both in Manhattan.
Read more from ROI-NJ:
- Bielat Santore & Co. sells La Tavola Cucina in South River
- Bielat Santore & Co. sells North Brunswick-based Lago Restaurant
- Eatery to open 1st waterfront location after buying site