Lee & Associates' Catherine O’Toole (top), Stephanie Moore (center) and David Scher (bottom), and 18 West 39th Street.

Thai Villa Group has signed a 12-year lease for 3,000 square feet at the base of 18 West 39th Street for a new Japanese restaurant called Kāza, according to landlord broker Lee & Associates NYC. Asking rent was $150 per square foot.

The 12-story building between Fifth Avenue and Avenue of the Americas — which has an alternate address of 16-18 West 39th Street — is owned by commercial real estate investor Behrooz Hedvat. Using the entity 18 Dagim, Hedvat bought the property next to Amazon’s new Manhattan headquarters for $18 million in July 2024, as Commercial Observer previously reported.