Gramercy Park Block Association -  Neighborhood News #570

Real Estate Update


Danny Meyer's Shake Shack to Close Madison Square Park Outpost for Five Months 

By James Fanelli    June 30, 2014 


Get a ShackBurger while you can.


Danny Meyer is shaking things up at his original Shake Shack - with a major renovation that will likely shutter the operation, and its famously long lines, for five months.


DNAinfo New York has learned that the celebrity restaurateur's wildly popular Madison Square Park fast-food joint will close for an overhaul of its kiosk's interior and exterior. The rehab comes on the 10th anniversary of its opening on the park's south side.

The GPBA continues to monitor real estate developments in the Gramercy Park area. See below. 
Naftali debuts Gramercy boutique condo tower

234 East 23rd St (between 2nd & 3rd Ave) developed by The Naftali Group, the 20-story new construction tower will house 57 luxury condos.


Prices range from $885,000 to over $6 million for a four-bedroom penthouse. 

More restaurant closings in the neighborhood
Last week we emailed a New York Times article "Union Square Cafe Joins Other Victims of New York City's Rising Rents.Below are a few more recent closings in the neighborhood.
Sushi Samba - 245 Park Ave South at 20th St
Vic & Anthony's Steakhouse - 233 Park Ave S at 19th St
Starbucks - 296 3rd Ave at 23rd St