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December News Roundup

The close of 2018 spurred plenty of restaurant and business openings, and game-changing real estate developments are on the horizon. Stay up-to-date with the latest Flatiron District News with our monthly roundup of notable highlights.

  • A wave of new dining spots opened in the neighborhood this month. Popular Taiwanese fried chicken chain TKK Fried Chicken made its New York City debut with an outpost at 115 East 23rd Street in collaboration with Kung Fu Tea. To celebrate its grand opening, TKK Fried Chicken awarded the first 50 people when it opened December 1st to free combo meals once a month for a year (via Eater New York). Rolln, a new Japanese spot, opened its doors at 38 East 23rd Street. Rolln is a take-out sushi restaurant serving traditional sushi rolls along with creative options like the New York Hot Dog and the Cheeseburger roll (via hoodline).  A new bakery and cafe joint, Seven Grams Caffe, opened at 76 Madison Avenue. They specialize in Italian-style coffee and housemade pastries (via ABC 7). BLT Prime New York announced that its location at 111 East 22nd Street would close after its last dinner service on December 21st after 13 years in the neighborhood (via Eater New York)
  • Flexible office space provider Knotel significantly expanded its Flatiron footprint. Knotel inked leases at 27 West 23rd Street (51,000 square feet), 41 West 25th Street (21,736 square feet), and 10,912 square feet at 45 West 25th Street (via Commercial Real Estate Executive). Knotel has expanded its worldwide footprint in 2018 by 318% including 28 deals signed in Midtown South (via Forbes). SL Green Realty Corp recently outlined plans for the redevelopment of its office tower at One Madison Avenue. Construction is expected to begin in 2020 or 2021 to expand its rentable square footage with an additional 18 column-free floors (via Nasdaq). Facebook is in talks to lease the office space at SL Green's One Madison Avenue within the new 18-story tower (via Real Deal).
  • RFR Holdings finalized the sale of the office portion of 160 Fifth Avenue to the nonprofit Simons Foundation with the deal closing at a price of $180.75 million (via The Real Deal). Akelius Real Estate Management bought the longtime home of architecture and urban design nonprofit Van Alen Institute at 28 West 22nd Street for $31.5 million. Akelius will open its office in 2021 (via The Real Deal). Tribeca was once again named New York City's most expensive neighborhood while the Flatiron District, along with Little Italy and the Financial District, saw sharp declines in median sale prices (NY Curbed). 
  • The Flatiron Partnership's holiday art installation, Happy by Studio Cadena, was named by Art Net News as one of the "11 Things Not to Miss in New York's Art World" (via Art Net News). Native New Yorker Lin-Manuel Miranda joined Billy Eichner for an edition of "Billy on the Street" in the Flatiron District for a game of "is anybody happy" with passersby (via Gothamist). 

 Image via Seven Grams Caffe

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