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RETAIL
Twenty-one retailers opened in the second quarter of 2023, up from the 14 that opened in the first quarter. Nearly two-thirds were food and beverage businesses, including:
• Pearl Korean restaurant in the 33 Seaport Hotel at 33 Peck Slip, replacing Bellini;
• Best Sicily Bottega, a Sicilian cafe featuring imported Italian grocery items, at 67 Wall Street;
• Pearl Alley, a restaurant concept featuring two bars, a coffee bar and two food kiosks, replacing Dante cocktail bar at Pier 17 in the arcade between Momofuku Ssam Bar and The Fulton;
• 7th Street Burger, the popular East Village-based burger joint, at 80 Nassau Street, replacing Badshah Indian;
• Gnoccheria Wall Street Express and BioPoke at 14 Wall Street;
• Ol’ Days, a breakfast and lunch cafe, in the former Mulberry & Vine space at 73 Warren Street;
• Ole & Steen, a Danish bakery at 100 Church Street;
• 100 Marketplace grocery store and hot bar at 100 Broad Street in the former Pranzo space; and
• Birch Coffee at 136 Church Street.
Eight retail stores also opened in the second quarter, including:
• Two new sports and fitness centers: Court 16, a 7,000 sq. ft. tennis and pickleball facility, at 28 Liberty Street and F45 Training group fitness gym, replacing Square Circle New York Muay Thai MMA at 80 Nassau Street;
• Nike by Battery Park at 230 Vesey Street in Brookfield Place;
• Pretty Well Beauty and Maure, a high-end home goods store at Westfield WTC; and
• GameStop at 174 Broadway in the former NY Gifts space.
Additionally, Century 21 reopened its flagship department store at 22 Cortlandt Street in May, in partnership with Legends Hospitality. Century 21 has reduced its footprint to 100,000 sq. ft. over four floors from its previous 200,000 sq. ft.
Looking forward, 10 retailers announced plans in the second quarter to open locations in Lower Manhattan. Among those who announced during the second quarter are:
• SPiN, a ping pong gaming center, announced plans to open later this year in the 5,600 sq. ft. former Bobby Van’s space at 25 Broad Street;
• Peachy, a skincare clinic, at 120 Broadway;
• Tsubame, a new Japanese omakase restaurant, at 11 Park Place;
• a new Springbone Kitchen location at Hudson Eats in Brookfield Place, joining the Coenties Slip outpost that opened in 2019;
• Barcade at 53 Park Place in the 7,500 sq. ft. former Amish Market space;
• Interlude Cafe at 111 Murray Street;
• Los Tacos No. 1 at 20 Broad Street; and
• Starbucks at 155 Water Street in the former Chase space, relocating from the former 135 John Street location.
Sadly, 11 Lower Manhattan retailers closed in the second quarter. Notable closures include:
• Etrusca modern Italian restaurant at 15 South William Street;
• Chinah Kitchen at 100 Maiden Lane;
• Picasso Pizzeria at 375 South End Avenue;
• Sauce & Barrel Pizzeria at 88 Greenwich Street;
• Scotch & Soda at 14 Fulton Street
• Dante cocktail bar at Pier 17 in the Seaport; and
• Hydra Studios, a wellness and fitness spa, at 120 Wall Street.
Finally, Delmonico’s is poised to reopen soon at 56 Beaver Street after closing at the onset of the pandemic.