Stretch of East 14th Street Transformed Into Foodie Haven
EAST VILLAGE — A new round of eateries are opening along East 14th Street.
The strip between Second and Third avenues is preparing for a trio of new restaurant openings over the coming days and months, including a second outpost of Lower East Side Taiwanese eatery BaoHaus, a new meatball-focused restaurant, and a new location of the International House of Pancakes.
Plywood recently went up on the ground floor of 235 E. 14th St., where IHOP unveiled its plan to open a branch of the pancake chain last month. A spokeswoman for the company said the restaurant will open sometime in mid- to late August.
Just across the street, chef Eddie Huang is expected to open a larger version of his popular Rivington Street restaurant BaoHaus this Wednesday, featuring his signature bao sandwiches that have become a hit on the Lower East Side.
And last week, word came that a new meatball-focused restaurant would open at the northwest corner of 14th Street and Second Avenue, poised to rival Stanton Street standby The Meatball Shop.
“There’s been incredible activity between Second and Third [avenues],” said broker Brian Tregerman, of Winick Realty Group, who’s handled deals on the block before. “There’s always a few stores turning over there. Now with IHOP coming, that’s becoming a major 24-hour corner.”
The block is bookended by popular eateries, including Artichoke Basille’s Pizza on 14th Street between First and Second avenues, and a forthcoming outpost of West Side favorite 5 Napkin Burger at the southwest corner of 14th Street and Third Avenue.
Additionally, the falafel chain Chickpea between Second and Third avenues appears close to reopening after an extended hiatus.
Tregerman said rents on the block generally run between $85 and $100 per square foot, and that the area’s proximity to Union Square and NYU make it highly coveted for restaurants.
"It's a stable block," he said, noting that some of the stretch's long-term commercial tenants have been able to remain in business because of the nearly 24-hour foot traffic. "You'll be hard pressed to ever really find vacancies there."