Uptown Second Avenue retail booming | Business

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Uptown Second Avenue retail booming – Business News

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One of Manhattan’s outstanding, media-blind transformations is occurring — make that raging — on uptown Second Avenue.

The opening of the Q subway line and rezoning a decade in the past propelled a residential development frenzy that features at the least seven main tasks between East 71st and East 86th streets — plus a number of more north and south of these boundaries.

Some of the new buildings are leases and a few luxurious condos. The latter embody Miki Naftali’s 255 E. 77th St. on the Second Avenue nook, which just lately snared a purchaser for a $28 million penthouse.

Bakery-cafe Tatte is coming to 250 E. 83d St. Steve Cuozzo

Unlike in some residential corridors the place new towers substitute tenements, the Second Avenue builders did their homework on their retail areas — which elsewhere typically sit vacant for months or years.

Most of the new buildings had been neatly designed with intensive sidewalk publicity for retail, moderately than areas too slim and deep for visibility. They’re drawing one well-liked food-and-beverage tenant after one other, many with sidewalk and/or street-shed seating. The result’s one of the town’s liveliest dining-and-socializing scenes.

La Pecora Bianca opened at 1562 Second Ave. two years in the past. Steve Cuozzo

High-end ice cream spot Salt & Straw is opening quickly at 255 E. seventy fifth; Miami-born Pura Vida is drawing crowds at 1598 Second Ave.; bakery-cafe Tatte is coming quickly to 250 E. 83d St.; and La Pecora Bianca was an quick hit at 1562 Second Ave. when it opened two years in the past.

The newest eatery lease, although, isn’t at a newly constructed tower however at a five-story tenement that was vacant for years — a ninth location for Upside Pizza at 1501 Second Ave.

Unlike within the Neil Simon play, right now’s Second Avenue takes no prisoners — nevertheless it feeds a lot of mouths.

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