Chinatown menu? New development, not dumplings

Restaurant scene pinched as newcomers move in

TRD NEW YORK /
Feb.February 09, 2017 10:08 AM

Dumplings and scallion pancakes, move over. Gentrification and new development are taking over Chinatown.

The neighborhood’s restaurant scene is on the front lines, with old-time eateries being replaced by new types of cuisine and bank branches.

Ali Baba Organic Market Now Occupies 1 Mott Street, while Pulqueria, a tequila and taco joint, has opened at 11 Doyers Street. Next door at 9 Doyers is Apothoke, a cocktail bar popular with suburbanites, according to the New York Post.

“There are not as many restaurants” in the neighborhood, admitted James Tang, a grandson of “Shorty” Tang, who opened Hwa Yuan at 40 East Broadway in 1968. A revamped and expanded version of the restaurant is opening soon, but it will feature a marble facade.

Beyond the restaurant scene, rental and condo development has found its way to Chinatown in recent years, and last year landlord Andy Chau filed plans for a mixed-use building at 86 Canal Street.

Several large-scale projects are also rising in Two Bridges, including Extell Development’s One Manhattan Square at 252 South Street, JDS Development Group’s 247 Cherry Street and L+M Development and CIM Group’s 260 South Street.  [NYP]E.B. Solomont


Related Articles

arrow_forward_ios
US Steel’s sprawling South Works site is about the size of Downtown Chicago. At left, Common, who wants to partner with developers on a mixed-use entertainment district there, and Dan McCaffery, whose vision for a 13,000-home community fizzled out. (Credit: Common by Paras Griffin/Getty Images; McCaffery via McCaffery Interests; aerial by Cushman & Wakefield)

South Works, the 415-acre “magnificent property,” is Chicago’s biggest development opportunity

Sharif El-Gamal (Photo by Desiree Navarro/WireImage)

WATCH: Developer Sharif El-Gamal has Covid-19. But he’s one of the lucky ones

Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

Governor Andrew Cuomo (Photo by Spencer Platt/Getty Images; iStock)

Cuomo’s foreclosure, mortgage moratorium has no teeth

From left: Realogy's Ryan Schneider, Cushman & Wakefield's Brett White and Newmark Knight Frank's Barry Gosin (Credit: iStock)

Brokerage stocks plunge amid market turmoil

Mayor Bill de Blasio halted ULURP, stalling projects like 960 Franklin Avenue, Rikers Island and Industry City 

These projects could be held up by New York’s rezoning freeze

Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

LA mayor orders a moratorium on commercial evictions

arrow_forward_ios
Loading...