An All-Day Restaurant With West Village Cred Opens in Flatiron’s Freehand Hotel


Gabriel Stulman — who made his name as a neighborhood restaurateur in the West Village with cozy, all-day spots like Joseph Leonard — isn’t trying to go a different direction with his three new projects in the new Freehand Hotel in Flatiron. In fact, his primary goal at the new restaurants is to keep much of the same vibes from his other ones.

There’s the all-day restaurant on the second floor of the Sydell Group hotel, located at 23 Lexington Avenue, between East 23rd and 24th streets, called Studio, and a cocktail bar called The George Washington Bar, both of which open Tuesday. Then there’s a main restaurant on the ground floor, called Simon & The Whale, which opens next week.

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Nutella Maker Ferrero Buys Nestle’s Chocolate Business for $2.8 Billion


The first Big Food merger of 2018 is poised to be a sweet one: Italian chocolate maker Ferrero SpA announced its intention to buy Nestle’s U.S. candy business for $2.8 billion. Bloomberg reported the rumor last week, and today Nestle confirmed the deal. In addition to its namesake foil-wrapped truffles, Ferrero Rocher also makes Nutella and Tic Tacs.

Nestle’s confectionery division includes numerous iconic candy bars such as Butterfinger, Baby Ruth, Kit Kat, and Nestle Crunch. Though the world’s biggest food and beverage brand has long been synonymous with chocolate in the U.S., it’s pivoting away from sweets as sales of sugary products have declined in recent years. Nestle has instead poured its money into indie coffee brands, acquiring a majority stake in Bay Area-based Blue Bottle last year and also snapping up Austin-based Chameleon Cold Brew.

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