Delmonico's, the historic New York steakhouse that has defined fine dining in the Financial District since 1837, is set to expand for the first time in nearly two centuries with a new location set to open in Midtown Manhattan next year. The expansion comes despite rising beef costs and tariffs, which have led many restaurants to raise prices nationwide. The new location will be located at 1330 Avenue of the Americas and will be designed to cater to business dinners, private events, and the return of the power lunch crowd. Delmonico’s has hosted icons from Marilyn Monroe and Frank Sinatra to literary figures like Mark Twain and innovators like Nikola Tesla. The original Beaver Street location reopened in 2023 after renovations.