Latest news with #AndyQuinn
Eater
12 hours ago
- Business
- Eater
Greenwich Village Sleeper Hit Will Open a Bigger, More Ambitious Sequel
Andy Quinn, the chef and co-owner of the Noortwyck in Greenwich Village since it opened three years ago, is preparing to open a second restaurant in the fall— a larger project on the ground floor of an 1890's commercial building at the edge of Nolita and Little Italy (174 Mott Street, at Broome Street). Though the team hasn't announced a name, the two-story, 140-seat restaurant, according to community board filings, will highlight American wood-fired cooking. 'It was our ambition to do something similar to the Noortwyck in the way that it can be every day, and then just turn it up a few notches.' Potential dishes listed on the community filings include grilled sourdough with chanterelles, potatoes with littlenecks and caviar, lobster with bomba rice and cherry pepper thermidor, and whole chicken roasted over coals. There will be a deep wine list assembled by co-owner Cedric Nicaise, a robust bar program, and, unlike the Noortwyck, private dining options. Quinn is as excited about the 5,600 square-foot space. 'The touches, the finishing, the design is going to be gorgeous.' Quinn, who is British, and his partner Nicaise opened the Noortwyck in June 2022 at 289 Bleecker Street at Seventh Avenue. Both are alumni of three-Michelin-starred Eleven Madison Park from Daniel Humm, where Quinn worked for five years and rose to executive sous chef. Critics welcomed the Noortwyck with praise for its high-level cooking in a casual setting. Eater's Robert Sietsema called it 'handsome but casual,' and noted its 'EMP-level ambition at a fraction of the cost.' Pete Wells of the New York Times gave it a two-star review in 2023, describing Quinn's cooking as 'exacting and precise, with a whole arsenal of skills and a minimalist sensibility that calls for most of the technical stuff to be tucked quietly into dishes that look simple and straightforward, even when they're not.' When he first came to the States, Quinn says he crossed paths with fellow Brit Ed Szymanski (married to partner Patricia Howard, now chef and co-owner of Crevette, Lord's, and Dame) when they were both young cooks. They have since been friends for years, helping each other build their communities. Rather than chase stars at the Noortwyck, Quinn says the team wanted something more grounded: 'a place that had everyday comfort to it.' Today, the menu offers items like seeded Parker House rolls, white asparagus cacio e pepe, linguine with clams, and striped bass with saffron gnocchi. Opening in the wake of the pandemic posed its own set of challenges. 'The initial thing was the staffing issue, and getting people into the kitchen and into the dining room to work was really, really difficult,' says Quinn. That challenge continues today in that they've had to make cuts. 'Instead of having a butcher taking care of all of our butcher needs, that role got diminished and those responsibilities fell on me and my sous chef team,' he says. And ingredient prices, he observes, continue to go up. 'When we got the actuals back — you know, three months, six months, 12 months in — everything was a giant leap in terms of costs,' Quinn says. 'Food, for example — it used to cost $25 to fill a fryer, and now it's, like, $100.' The industry has shifted in less visible ways, too, with late-night dining coming back slowly to Greenwich Village. 'By 9 p.m., the dining room was pretty much cleared out,' he says of midweek service at the Noortwyck. 'A few years ago, I was getting dinner at 9:30 p.m.. And now, I said to my girlfriend, 'Get that 6 p.m. res.'' Quinn says that much of the staff has been with the restaurant since it opened three years ago; the Noortwyck has around 40 to 45 employees. 'The likelihood is we probably would have lost people as they became more ambitious,' he says. 'The opportunity to grow comes at the perfect time.' See More:
Yahoo
28-04-2025
- Business
- Yahoo
Australia's Alkane and Canada's Mandalay to merge to create diversified mining company
Australian mining company Alkane Resources has signed a definitive arrangement agreement with Canadian miner Mandalay Resources for a "merger of equals" to create a diversified gold and antimony producer. The estimated implied market capitalisation of the merged company is C$898m ($647.8m). The merged entity will operate under the name Alkane Resources, maintaining its Australian Securities Exchange (ASX) listing and aiming for a Toronto Securities Exchange (TSX) listing. Under the agreement, Alkane will acquire all issued and outstanding common shares of Mandalay through a court-approved plan of arrangement. Mandalay shareholders will receive 7.875 Alkane shares for each share held, resulting in a 55% and 45% ownership split between former Mandalay and current Alkane shareholders, respectively. The merged company will have a combined forecast production of approximately 160,000 gold-equivalent ounces (oz) in 2025, potentially growing to more than 180,000oz in 2026. The combined company will benefit from the operations of three mines, comprising Alkane's Tomingley gold mine in Australia, in addition to Mandalay's Costerfield underground gold/antimony mine in Australia and the Björkdal underground gold mine in Sweden. The merged entity is expected to have improved margins and capital market positioning. It will possess a strong balance sheet, featuring a projected cash balance of C$167m as of 31 March 2025, enabling it to pursue both organic and inorganic growth opportunities. The combined company's Board of Directors will include nominees from both Alkane and Mandalay, with Andy Quinn serving as the new independent chair. The headquarters will be in Perth, Australia. Upon closing, Alkane's Nic Earner will continue as managing director, with James Carter as chief financial officer. Mandalay's Ryan Austerberry and Chris Davis will join Alkane's senior operational management, ensuring continuity at the Costerfield and Björkdal mines. Alkane Nic Earner managing director said: "The transaction will take Alkane to a new level, bringing together two companies with complementary assets and a shared vision for growth. Mandalay's two high-quality mines match the attributes of Tomingley: a proven history of consistent production, cash generation and exploration upside. 'The combination of assets, leadership and supportive long-term shareholders enhances our scale and financial strength, and positions us well to continue to pursue additional growth opportunities.' The merger is expected to close in the third quarter of 2025 (Q3 2025), subject to regulatory and shareholder approvals. Mandalay president and CEO Frazer Bourchier said: 'The transaction presents a compelling opportunity for Mandalay shareholders to accelerate value creation through increased capital markets scale, liquidity and a growing diversified asset base.' "Australia's Alkane and Canada's Mandalay to merge to create diversified mining company" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
