Where Wall Street Dealmakers Dine

NEW YORK ( TheStreet) -- When they are not in the boardroom working on the latest mergers and acquisitions, Wall Street's dealmakers are regular foodies. Investment bankers, partners at private-equity firms and M&A lawyers are wining and dining their clients through negotiations. So whether it is the sale of private label credit card loans or a hostile takeover strategy, fine food is usually an accessory to getting the deal done. All sorts of deals get ironed out in these jackets-required establishments. I called several dealmakers in Manhattan, and following are their top choice restaurants to work out deals and their palates:

The Four Seasons

The Four Seasons Restaurant inside The Four Seasons Hotel at 57 East 57th St. is one of the most common places Wall Street dealmakers meet their clients. Deal lawyer Bob Profusek of Jones Day calls it "the most 'New York' restaurant in New York."

The Hotel has two restaurants: The Garden and L'Atelier de Joël Robuchon. The entrees include delectable dishes such as free-range caramelized quail stuffed with foie gras and potato purée; pan-seared sea bass; lemongrass foam and baby leeks; and for dessert, caramelized banana with rum, milk chocolate mousse, crispy rice praline and banana cotton candy. Needless to say, dessert is a must. Entrees are $50 and over . Reservations can be made on Opentable.


Cipriani has four locations in New York. Harry Cipriani at 59th and Fifth, Cipriani Downtown on West Broadway, Cipriani Dolci at Grand Central and Cipriani Wall Street at 55 Wall between William and Hanover Street.The restaurant dishes up Italian classic dishes as well as specialty cuisine. Some highlights on the menu include the beef carpaccio alla Cipriani, the homemade lightly baked tagliolini with ham, the bellini (a drink of prosecco and white peaches) and crepes ala crema (featured above). Drinks such as the bellini are about $15 while the main entrees ring up anywhere from $28-$50.


Finalizing a deal is all about delicacy. That's what you'll find at NoBu. There are two locations in New York: Hudson Street and 57th Street. The menu includes Chilean sea bass with black bean sauce, lobster with wasabi pepper sauce, and sashimi and sushi dinners. The main entrees range from $28 to about $40, or chef's choice of NoBu's special cold dishes can range from $100 to $150. You can make reservations at NoBu on OpenTable.


Like negotiating with a sharp knife in your hand? BLT Restaurants has several locations in New York: BLT Prime on East 22nd, BLT Steak on East 57th Street, BLT Fish on West 17th Street, BLT Bar & Grill on Washington Street, and BLT Market in The Ritz Carlton on Sixth Avenue. The menus include hanger steak, sauteed dover sole and yellowfin tuna tartare. Entrees range from $30 to $90 and prices vary depending on the location. You can make a reservation at OpenTable.

San Pietro

San Pietro, located on East 54th Street, is known for serving up Southern Italian power lunches and dinners to CEO-packed dining rooms. Dishes range from the classic spaghetti alla chitarra con pomodorini e basilica (spaghetti with a sauce of fresh cherry tomatoes and basil) to battuta di vitello al balsamico con indivia e radicchio trevisano, a pounded pan-seared rack of veal with balsamic vinegar, topped with a salad of radicchio and endive. Prices on the entrees range from $28 to about $50.

Per Se

Looking to really impress? Per Se located at 10 Columbus Circle on the fourth floor of the Time Warner Center usually does the trick. Reservations to Per Se should be made well in advance. Signature menu items include oysters & pearls and cornets of marinated Atlantic salmon. A nine-course chef's tasting menu is available for $275, and a five-course dining menu is $175. Reservations can be made at OpenTable.


Sometimes working a deal out is all about creativity. Jean-Georges, located at 1 Central Park West in the Trump International Hotel, may help spark some new ideas. The restaurant not only offers a fantastic view of Columbus Circle, but a rich menu. The menu includes crunchy rabbit, citrus-chili past and soybean puree; and turbot with chateau chalon sauce. Prix Fixe dinner is $98 and the tasting menu is $148. Reservations are available on OpenTable

Le Bernardin

Dealmakers prefering to take traditional discussions to the next level might accomplish just that at Le Bernardin. The restaurant is located at West 51st Street. Featured dishes include baked skate and langoustine "paupiette," charred shiitake mushroom with brown butter flavored dashi broth; organically grown and farm-raised caviar and an upgraded version of surf and turf featuring escolar and seared Nebraska Wagyu beef, a sea bean salad and eggplant fries along with Mr. Kaufman's pesto and red wine sauce. Expect to bid upwards of $50 for an entrée. The prix fixe is $112 and the tasting menu is $138 or $225 with wine pairing. Reservations can be made at OpenTable.

21 Club

The 21 Club is located at West 52nd Street. It was once a glamorous speakeasy and has appeared in movies such as Breakfast at Tiffany's and Wall Street. Yes, the original Wall Street. Need we say more? Dishes include the 21-day-dry aged sirloin, house-made tagliatelle (featured above), and creamy chicken hash. Entrees range from $35 to $50. Prix fixe dinners can range from $35 to $73. Reservations can be made at OpenTable.

Daniel NYC

Sometimes in dealmaking it is all about presentation. That's why for some investment bankers

Daniel NYC, located on 65th Street and Park Avenue, does the trick. The restaurant itself is lavishly decorated with paintings from international artists, etched glass walls, handmade porcelain tiles and chandeliers. Feature dishes include Elysian Fields Farm Lamb Loin, roasted breast of Scottish Grouse and red wine-braised monkfish tail coated with bacon chips. Entrees are $50 and over. The three-course prix fixe is $105 or $60 more paired with wine. Reservations can be made at OpenTable.

--Written by Maria Woehr in New York.

To contact the writer of this article, click here: Maria Woehr.

To follow the writer on Twitter, go to http://twitter.com/newsgirlmw.

To submit a news tip, send an email to: tips@thestreet.com.

If you liked this article you might like

Citigroup Breach Raises Disclosure Questions

Citigroup Breach Raises Disclosure Questions

Banks Want HAMP Pay

Banks Want HAMP Pay

Axa Remains Hungry for Bank Assets

Axa Remains Hungry for Bank Assets

Regions Dives Back Into Credit Cards

Regions Dives Back Into Credit Cards

Capital One's ING Play a 'Head Scratcher'

Capital One's ING Play a 'Head Scratcher'