I had to post this first thing this morning. I'm not that big a hot dog fan (I get a craving every once in awhile, usually satisfied by any old dog), but this place ROCKS. Grif Dogs opened up 12 days ago on St. Marks St. b/w 1st Ave and Avenue A in Manhattan. My BF and I only planned to have one each -- mine was a regular hot dog with "sauteed onions," his one was sauerkraut, sauteed onions, and ketchup. But oh my God they were amazing. The dogs were crispy on the outside, juicy on the inside. The sauteed onions were really a healthy helping of rich, dark brown, carmelized onions. We had to try another one and decided on splitting their chili dog. Amazing again. There was an interesting blend of spices in the chili, I couldn't put my finger on it.
The prices were recession friendly. Not as cheap as Gray's Papaya but certainly reasonable. I think a regular hot dog was $1.50, with a number of free toppings, with sauteed onions an extra 0.50.
(BTW, Gray's should be ashamed of themselves, calling themselves the "Filet Mignon of Hot Dogs." I mean, please. Especially after this place.)