Located in Boston, Nia Grace, owner of Darryl’s Corner Bar and Kitchen and The Underground Café and Lounge, along with Ed Kane and Randy Greenstein, owners of Big Night Entertainment Group, have joined forces to open Grace by Nia, a modern-day supper club for which Eastern Bank is providing financing.
Eastern Bank provided the term loan for the lease-hold improvements to support the build-out of the space for the club. Darryl’s Corner Bar & Kitchen and Big Night Entertainment Group are previous customers of Eastern Bank.
“With this latest concept, Nia and Big Night Entertainment Group are reinventing a part of the local hospitality and entertainment sector and importantly expanding diversity of business ownership in Boston’s Seaport neighborhood,” Bob Rivers, CEO and chair of the board of Eastern Bank, said. “We are proud to support these leading entrepreneurs as they break down barriers and bring greater diversity, inclusivity and vibrancy to this area of Boston.”
“Eastern Bank understands the value of supporting women business leaders whose different perspectives create greater innovation and diversity in our economy, and we appreciate the time their team has taken to deeply understand what we are launching and to support me as one of the first women of color to open a hospitality business in the Seaport,” Grace said.
“Through the years, we have worked with Eastern Bank for financing our restaurant and entertainment concepts across the region,” Kane said. “They’re always available to talk through ideas and loan scenarios, and we are excited to work with them again as we launch Grace by Nia.”
The commercial banking team advising Grace by Nia includes executive vice president, senior commercial banking officer
The Eastern Bank commercial banking team advising Grace by Nia includes Greg Buscone, executive vice president and senior commercial banking officer for Eastern Bank; Brendan O’Neill, senior vice president and commercial group director; Ian Willard, senior vice president and commercial relationship manager.