Four Seasons restaurant co-owner Julian Niccolini shows the provenance of...

Four Seasons restaurant co-owner Julian Niccolini shows the provenance of one of the chairs in the bar room at the restaurant in New York, Friday, April 29, 2016. New York's original power lunch restaurant is closing and everything must go. Credit: AP

A restaurant considered by many to be New York City's original power lunch spot has found a new location.

The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram Building in 1959. It is scheduled to close in July. The building's owner said last year he was not renewing the lease.

Restaurant owners Alex von Bidder and Julian Niccolini said Saturday they are relocating the restaurant to 280 Park Ave., an office tower on Manhattan's East Side. An 18-month renovation of the space will begin next week.

The space in the Seagram will be leased to a team that's opened several trendy downtown eateries.

The restaurant is hosting a series of events in July including a dinner with Chef Mario Batali.

The NewsdayTV team looks at the most wonderful time of the year and the traditions that make it special on LI.  Credit: Newsday

'Tis the season for the NewsdayTV Holiday Show! The NewsdayTV team looks at the most wonderful time of the year and the traditions that make it special on LI.

The NewsdayTV team looks at the most wonderful time of the year and the traditions that make it special on LI.  Credit: Newsday

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