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Posts Tagged ‘Joe Vitacco’

franchise restaurant row

Franchise Restaurant Row in progress on Coney Island’s Surf Avenue: Checkers, Pizza Hut, Red Mango, Johnny Rockets, Applebee’s, IHOP , and more to come. Photo © Tricia Vita

The year is young but ATZ already has exclusive news of the first lease of 2016 on Coney Island’s franchise restaurant row, the north side of Surf Avenue. Broker Joe Vitacco says, “On Friday we signed a lease, for the 1,900 square foot space at 1223 Surf Avenue, with franchisee Nafees Bukhara. Nafees owns the Popeye’s on Surf Avenue and will be opening a Pizza Hut Express.”

Bukhara will also open a Red Mango franchise, for which he bought the rights from Rahman Hashimi, the Johnny Rockets franchisee, as well as a pretzel franchise. The Pizza Hut Express will be on the ground floor to the right of the 6,000 square foot Johnny Rockets, in a building that has been under stop-and-go construction since a lease deal was signed three years ago.

“You ask why we don’t do Mom and Pops,” Vitacco said last year, in an ongoing conversation that began with ATZ’s 2012 post “Will Coney Island’s Surf Ave Become a Mecca for Franchises?” He says that Mom and Pops wouldn’t be able to afford this, referring to the extraordinary delays and ballooning costs due to city and MTA red tape.

Unlike Manhattan, where Mom and Pops are being forced out by landlords who triple the rent and then turn around and lease to chains or upscale businesses, the new franchises on Coney Island’s Surf Avenue are replacing vacant lots or illegal furniture stores which have existed for years in defiance of the zoning.

Until the early 1980’s the north side of Surf was home to individually-owned penny arcades and a variety of rides including bumper cars, carousels and even a Jumbo Jet-style coaster. By the time the last ride– Coney Island’s B & B Carousell — closed in 2005, the north side was known as the wrong side of Surf Avenue to locate a business because of the lack of foot traffic. Now it is a mix of franchises and a few Mom & Pops like the Red Doors Bar & Grill and Luna Park Cafe.

Under construction

Construction in progress on Surf Avenue building for Johnny Rockets and Pizza Hut Express. Photo © Tricia Vita

Related posts on ATZ…

October 2, 2015: Coney Eats: Magic Gyro & Checkers to Open, Kosher Pizza Signs Lease, Johnny Rockets & IHOP Underway

May 14, 2015: Coney Island 2015: Red Doors Bar & Grill Opens on North Side of Surf Ave

February 13, 2015: Coney Island 2015: IHOP Franchisee Signs Lease for 5,400-Square-Foot Surf Ave Store

September 11, 2013: Subway Cafe to Replace Furniture Store on Coney Island’s Surf Ave

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Franchise Restaurant Row

Franchise Restaurant Row in progress on Coney Island’s Surf Avenue: Checkers, Johnny Rockets, Applebee’s, Grimaldi’s, and more to come. Photo © Tricia Vita

In Coney Island’s Stillwell Terminal, Magic Gyro, a Mom and Pop destroyed nearly three years ago by Hurricane Sandy, is about to reopen, and a Checkers hamburger franchise is set to debut. Magic Gyro owner Levent Demirgil told ATZ that he will be training employees this weekend and plans a soft opening next week.

“We suffered a lot from Sandy,” Demergil said in an oral history interview recorded in Turkish for the Coney Island History Project’s immigrant narratives series. “We didn’t have insurance. I took personal loans. By taking those we are trying to stay afloat, that’s why we could not open here for three years.” Formerly a gourmet shop with a corner kitchen, the new store will be a Mediterranean Grill featuring healthy fast food such as hummus, salads, and döner kebabs.

Magic Gyro Coney Island

Levent Demirgil in his soon-to-open Magic Gyro in Stillwell Terminal. Photo © Coney Island History Project

Meanwhile, construction has resumed on the north side of Surf’s Franchise Restaurant Row. Next door to Checkers, the Johnny Rockets “Coming Soon” banner is tattered, but the long stalled construction on the burger franchise, whose themed decor is based on retro diners, is once again underway. “They are laying the plumbing under the concrete floor and pouring the concrete next week,” says broker Joe Vitacco, who gave us an update on a lease deal that he closed nearly three years ago in December 2012.

“You ask why we don’t do Mom and Pops,” Vitacco added, referring to our ongoing conversation that began with ATZ’s 2012 post “Will Coney Island’s Surf Ave Become a Mecca for Franchises?” He says that Mom and Pops wouldn’t be able to afford this, referring to the extraordinary delays and ballooning costs due to city and MTA red tape.

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On Surf Avenue across from Luna Park, construction on a 5,400 square-foot IHOP has finally begun eight months after construction was expected to begin. The franchisee is Bryan McKenzie, who is also the owner of an IHOP in New Jersey. The delay was due to bureaucratic snafus at the City’s Department of Buildings. At the beginning of this year, ATZ reported the construction had been delayed by new and ever-changing post-Sandy building regulations. Johnny Rockets was waiting for approval of a storm surge resistant front. Construction had been stalled for so long that skeptical members of the Coney Island Rumor Mill doubted it would ever resume.

Vitacco says that at this point in time he believes IHOP will be open in March 2016, in time for the 2016 season. “This is a testimony to the undying commitment of Bryan McKenzie, the IHOP franchisee, who would not give up when faced by problems with approval by the building department that took 18 months to resolve.”

The one-story building at 1019 Surf is a longtime furniture store, which is not among the use groups permitted by the city’s zoning. The space is being subdivided into six storefronts by the landlord and the stores are getting new street numbers. IHOP will combine the three stores on the far left and the Subway Cafe has the one on the right. The two remaining storefronts totaling 3,000 square feet were in fact snapped up yesterday by a Mom and Pop for a kosher pizzeria and ice cream shop, which will also have a party room for kids’ birthday parties.

Related posts on ATZ…

May 29, 2015: Coney Island Openings & Closings: Power Surge, Arcade, Rainbow Shops, Vintage Shooting Gallery

May 14, 2015: Coney Island 2015: Red Doors Bar & Grill Opens on North Side of Surf Ave.

March 11, 2015: In Coney Island, Two Stores and One NYC Landmark Mark 95th Year

February 13, 2015: Coney Island 2015: IHOP Franchisee Signs Lease for 5,400-Square-Foot Surf Ave Store

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1315 Surf Avenue

Vacant since Sandy, 1315 Surf Avenue will be the site of an Italian fast food restaurant. The Shore Theater building next door, owned by the Bullard family, has been vacant for 40 years. May 13, 2015. Photo © Tricia Vita

What’s new on the north side of Surf, the mecca for franchises in Coney Island? At 1315, where Cha Cha’s relocated from the Boardwalk until calling it quits after being devastated by Sandy, a permit has been taken out for interior renovations. A new eatery is going there and thankfully it won’t be another franchise or chain.

The Russo Brothers, owners of Gargiulo’s, which is Coney Island’s bastion of fine dining, are planning to open a fast food Italian restaurant, according to Anthony Russo. Pizza, veal parm and fried calamari will be among the offerings Russo told ATZ. No opening date has been set, but construction is expected to get underway as soon as permits have been approved.

Gargiulo's Way

Gargiulo’s Way, West 15th St between Surf and Mermaid Avenues, Coney Island. November 16, 2014. Photo © Tricia Vita

The Russo brothers own the building as well as the adjacent one where tenants include Piece of Velvet Bakery and Rita’s Italian Ice on the corner of 15th Street. In 2007, West 15th Street between Surf and Mermaid Avenues was designated Gargiulo’s Way to mark the 100th anniversary of Gargiulo’s Restaurant. Founded by Gus Gargiulo and owned by the Russo family since 1965, the Coney Island landmark at 2911 West 15th offers classic Neapolitan cuisine.

According to broker Joe Vitacco, who leased the storefronts to Rita’s and Piece of Velvet, there are very few remaining vacant spaces for lease on the north side of Surf. At 1223 Surf Avenue, he has 2,100 square feet on the first floor and 5,000 square feet plus 1,900 square foot terrace on the second floor and 4,000 square feet rooftop dinning for $45-$50 per square foot.

The first floor of that address next to Stillwell Terminal was also leased to a Johnny Rockets (6000 sf) and Red Mango (2.000 sf) franchisee in 2012, but construction has been delayed by new and ever-changing post-Sandy building regulations. Among the stores Vitacco is offering are 1,450 square feet at 1019 Surf Avenue next to the new Subway Cafe and across the street from Luna Park.

Related posts on ATZ…

May 14, 2015: Coney Island 2015: Red Doors Bar & Grill Opens on North Side of Surf Ave

January 29, 2015: Coney Island 2015: Subway Cafe, Sushi Lounge, IHOP, Checkers, Johnny Rockets

January 3, 2014: New Year, New Franchise: Rita’s Italian Ice Coming to Coney Island

December 19, 2012: Will Coney Island’s Surf Ave Become a Mecca for Franchises?

 

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