Shake Shack raises hopes with UES move

January 20, 2010 11:21AM

A planned Upper East Side Shake Shack outpost is raising hopes in the community that the popular burger chain could help revitalize a currently-dilapidated and abandoned plaza at 182 East 86th Street between Lexington and Third avenues. The empty plaza, which sits next to the 440-unit Park Lane Tower, has been a drag on the neighborhood, according to residents, who hope that the burger joint could do for it what it did for Madison Square Park. The chain has signed a 15-year lease for the abandoned space and plans to open the location before the year is over. The chain has launched an extensive expansion effort in recent months, with a planned Nolita location in the works and a rumored Financial District spot in the pipeline.

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