Melmans, Rancics to partner on new restaurant

We now know the fate of the Ben Pao space (52 W. Illinois St.), which is closing in two weeks.

The Melman siblings (RJ, Jerrod, Molly) will partner with Bill and Giuliana Rancic to create an Italian restaurant in the space.

Think there will be a little TV coverage on this one?

The celebrity couple have a TV show ("Giuliana and Bill,"

Style Network

) in which they have discussed opening an Italian restaurant (the big question was whether the spot should be located in

New York



); tonight's show reportedly will show the couple planning the restaurant's debut.

Doug Psaltis, whose resume includes stints at several Alain Ducasse restaurants, The French Laundry and Melman's three




has been tapped to be chef/partner of the as-yet-unnamed restaurant, which is aiming for a January opening.