2014 Hoboken Business Year in Review
2014 Hoboken Business Year in Review: Uptick
For the first time in a long time – LAST year, it appeared that Hoboken had a net “loss” of overall businesses (mostly due to Hurricane Sandy).
But that trend is apparently very well OVER. We suspected that 2014 would be a “blood bath” when it came to retail, but we apparently have our timing off. There was a net gain of new businesses of at least 30+. Pretty amazing to say the least!
Still no Apple Store or Trader Joe’s, but a few cookie cutter chains filled the void, along with more of the same “musical businesses” in 2014.
The approximate running tally since we’ve roughly been keeping track is now about 150 net new businesses in Hoboken since 2007.
Want to see who came and left this year? Click here to see the 2014 list!
Can Hoboken sustain more retail shops?
The same factors at play in 2014 – Rodeo Drive rents, parking hell, and online shopping all stunt business growth from the starting line. Yet entrepreneurs still want to take a crack at making a living in the Mile Square.
With the exception of unique, specialized products, and bare necessities (i.e., convenience) the odds of succeeding in Hoboken – especially in a “down economy” are tough. But have we reached our saturation point in retail?
New Hoboken Businesses in 2014:
(in no particular order)
- Hoboken Hot House Pizza
- Hudson River Crossfit
- Brasserie de Paris
- K9dergarten
- List It Realty
- The Brick
- Brazen Athletics
- Gypsy Warrior
- Bright Horizons
- Diamond Gymnastics
- Garden State Yoga
- Lulu’s (W Hotel)
- Clem’s Unlimited Too
- Planet Mac
- Black Rail Coffee
- Crepes & Things
- Tony Boloney’s Pizza
- Crepe Guru
- FITRxN
- Brower Club Provisions
- Blowout Zone
- Tip Toe Shoes
- Bean Vault
- Planet Sun
- Krank Hoboken
- Hoboken Play Date
- Boardwalk Burgers
- Washington General Store
- Slider Street
- The Ale House
- Jewelry by Peter
- Clubhouse Barbershop
- Everlast Gym
- Caffe Bene
- Kure Pilates by Krysta
- Avenue Residential
- Jimmy John’s
- Keller Williams
- The Yoga Loft
- AltSmoke
- Bareburger
- Prime Grocery
- Prime Garden
- Cork Wine
- Duet Kitchen and Bath
- Marina Deli
- Maxwell’s (redux)
- Tally Ho
- Two Heathers
- Ultimate Smoke & Vapor
- Baranbas Health Stop
- Empire Oral Surgery
- Little Grocery
- Mathnasium
- Adams Dry Cleaner
- Mondo Dogs
- Hudson Table
- Clarke’s
- Inner Athlete
- The Joint
- Show Nail
- Lo Fatt Chow
- Stingray Lounge
- Panello
- Happy Dental
- R. William Maggs
- Prime Cycle
- Reign Hoboken
- McLoone’s Pier House
- Riverside Medical Group
- Smokin’ Barrel
- Jack’s Cabin
- Blow It Out Lounge
- J. Patryce Design
Announced or Coming to Hoboken in 2015:
- GNC
- Lululemon
- W. Kodak Jewelers
- Apple Montessori School (2nd)
- Club Barks
- House of ‘Que
- Flatbread Grill
- Honeygrow
- Queen Margherita
- Vivi Bubble Tea
- World of Beer
Hoboken businesses closed in 2014:
- Ricky’s
- Liberty Bar
- Copper Kettles
- Greetings from Hoboken
- La Casetta Pizza
- BT Chinese Massage
- 340 Grill
- Hoboken Paint & Hardware
- Legal Beans
- Bahama Mama’s
- Romantic Depot
- Zeni Spa
- Jonathan Marx
- Urban Nesters
- Mad One Jacks (2nd)
- Piccolo Roma
- Melting Pot
- Limelight Floral
- The Office
- 1FiftyFive
- Madeline
- People
- Health Stop
- Spinnato Dental
- Verde Vita
- Four L’s
- Giant Wash
- Mon Cheri
- Hoboken Dhaba
- Boa
- Smokeless Image
- K.C. Kids
- McMahon’s Brownstone
- Iconic Fashion Lounge
- Trends Boutique
- Bona Pizza
- Chandelier Room
- Molfetta Pizza
The amount of retail is not sustainable yet “mixed use” remains popular — is this because it attracts condo buyers excited about the potential gym/day care/etc? Why doesn’t anyone foresee they may have to live above one vacancy after another?
The more chains that come in and lowball prices the less mom and pop you will see. Hoboken is losing personality.