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October News Roundup

October was another busy month in the Flatiron District with media attention focusing on restaurants, commercial and retail real estate transactions, startups, and the BID’s own events and reports. Stay up to date with the latest Flatiron District news with the BID’s monthly roundup of notable highlights.

  • The Flatiron District bolstered its reputation as one of NYC’s premier dining destinations as two local restaurants received positive critical acclaim this month. Korean banchan-style restaurant ATOBOY and all-day Indian restaurant Pondicheri were included in Eater New York’s list of hottest restaurant in Manhattan for October 2016. In addition to its inclusion in the Eater New York list, Pondicheri also received glowing reviews from The New York Times and The New Yorker.
  • Earlier this month, two ground-floor businesses announced that they would be opening new locations along 23rd Street in the Flatiron District. Fast-food chain Arby’s announced that it will open its second Manhattan location at 32 East 23rd Street, while Made Man Barbershop announced that it will be opening its third Manhattan location at 10 East 23rd Street (via Commercial Observer and The New York Times).
  • Financial advisory firm Betterment Holdings announced that they signed a 5-year, 16,909 s/f lease at 53 West 23rd Street. The new office space was signed to accommodate the company’s growth and is down the block from their headquarters at 61 West 23rd Street (via Commercial Observer). Betterment is one of the growing number of financial firms moving to new offices in the neighborhood. The growth of the financial sector in the Flatiron District is one of the major findings of the Flatiron BID’s Market Snapshot for Q3 2016, which was released earlier this month.
  • In other real estate news, the Flatiron BID released its sixth annual Flatiron: Where Then Meets Now report. This year’s report subtitled, “Flatiron District: 10 Years of Growth,” showcases recent real estate trends, as well as the development of the district’s commercial and residential sectors since the formation of the BID in 2006 (via Real Estate Weekly). To download the full report, click here.
  • The local tech sector also continues to grow as two startups based in the neighborhood recently received funding to expand their operations. Home relocation app Updater received $30 million in private venture capital, while artificial intelligence company Clarifai raised $30 million in a Series B funding round (via Australian Financial Review and Crain's New York Business).
  • October was also a very active month for the Flatiron BID as we hosted two of our annual flagship events. On October 19th, we welcomed 230 guests to the 11th Annual Celebrate Flatiron Partnerships networking event at 230 FIFTH. The event celebrated the BID’s 10-year anniversary, and also featured remarks from Manhattan Borough President Gale A. Brewer (via Real Estate Weekly). Last week, the 2016 Business Assistance Forum presented in partnership with Baruch College welcomed over 90 small business owners and employees. The event kicked off with a networking breakfast, followed by remarks from Baruch College President Mitchel B. Wallerstein and Flatiron BID Executive Director Jennifer Brown. Sabrina Kizzie, professor of marketing and social media at Baruch College, delivered the keynote address, sharing her insights on new media technologies and navigational skills (via The Ticker).

Image of Celebrate Flatiron Partnerships at 200 FIFTH.


Spring is in the air at  <a target="_blank" href="">@mangia_nyc_official</a>and perfect for outdoor dining πŸ’šπŸ’«

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Spring is in the air at @mangia_nyc_officialand perfect for outdoor dining πŸ’šπŸ’« πŸ“Έ: @cynstahgram Flowers by @floratorium
2 days ago