Greenwich Village's most storied address has gotten a delicious new upgrade!

Marc Forgione, the chef and restaurateur behind Peasant and his eponymous Restaurant Marc Forgione, has taken over the former Otto space inside the iconic One Fifth building, debuting a rustic new eatery that nods to both his Italian heritage and the history of the locale.

Named for its location, and the 1970s restaurant that was once housed there, One Fifth embraces the property's century-old legacy with Art Deco design elements, antique Italian accents, wood furnishings, and curated art celebrating the building's famous residents and historical events.

The 50-seat bar room overlooks a pasta-making station, while the expansive 145-seat dining room sends guests back in time with salvaged panel woodworkings, 19th century-inspired chandeliers, and an heirloom piano (which doubles as an Amaro bar).

The warm nostalgia extends to the menu, which features a bounty of Italian small plates, house-made pastas, pinsa (that's Roman-style pizza), and a rotating selection of seasonal vegetables sourced from the nearby Union Square Greenmarket. Menu highlights currently include red pepper rigatoni with duck sausage, smoked linguine with Manila clams and green garlic gremolata, smashed burrata with peach and cucumber, and Snowdance chicken piccata, along with a selection of comfort-food desserts and pastries. The extensive wine list is complemented by classic cocktails with an Italian twist, created by friend of the restaurant Jeff Bell (of PDT fame).

Italy meets Old New York - what's not to love?

Click through for your first look inside!

[Photos by Evan Sung courtesy One Fifth]