Workers cleared out the storefront late last week, and an employee confirmed the closure to EVG correspondent Steven.
The quick-serve establishment sold Korean-style snacks such as stuffed hot dogs and egg toast ... the space included a K-pop shop, selling music, books, calendars, stickers, etc., for a variety of South Korean bands.
The Texas-based chain still has locations in the NYC metropolitan area, including on Ludlow Street.
This address has seen several concepts come and go without much success... the last business was Joe's Steam Rice Roll ... others included Cheers Cut, the Taiwanese mini-chain of fried foods ... Friterie Belgian Fries ... Fasta ("Pasta Your Way") ... and the $1.50 branch of 2 Bros. Pizza.
Honestly, why do new businesses even bother on this street or in fact this area, especially during a recession? The EV has dramatically shifted since I moved here in 2010. The moment you become connected to a brand or merchant, poof, they are gone. I don't foresee many businesses remaining long term here due to the exorbitant rent, the lack of loyal customers, and from walk ins, which statistically have been proven to elevate revenue streams. If I was opening a business, I would do my homework, intensely research my product, and understand the growing needs of the neighborhood. Prior to signing the dotted line on a lease, I'd ensure I held adequate capital to initiate and sustain my business for at least a year. Otherwise what is the point? I walk down this block quite often and see places that open and close in under just a few months. It perplexes and saddens me. Why throw money away? Just my two cents.
What recession? The economy is boiling, people overspend left and right.
Well said. And, kind.
Soon these storefronts will be nothing but Smoke shops one after the other. That seems to be the only business that is booming these days.
The economy is doing well actually. Especially landlords, that’s the main problem
I agree 100%. Also, how many Korean hot dogs shops does the area need? There's one on ave A and 2nd Ave right by st marks and they're always kinda empty. Nothing confuses me more than the sudden expansion of blank St coffee shops, there's one practically on every block. I just don't get it!
how many quick service eateries have survived the test of time in EV? Let's say since 2010...
Post a Comment