Now Open: Aesop

From the Union Square Partnership:

Union Square’s fourth quarter performance capped a strong
2024, marked by year-over-year growth across key metrics:

Ground Floor Leasing: 49 new businesses opened in 2024,
with Union Square’s signature culinary scene driving 65%
of leasing activity.

Foot Traffic: An average of 370k daily trips in 2024
reflected a 4% increase over 2023, which itself saw a 15%
rise compared to 2022.

Consumer Spending: A 5% increase in 2024 over 2023,
fueled by higher spending at restaurants and bars (+7%),
entertainment (+18%), and retail (+3%), continuing upward
trajectories from 2023 (+8%) and 2022 (+17%).

In Q4, the district experienced a 23% surge in visits and a
28% jump in consumer spending during Urbanspace’s Union
Square Holiday Market, highlighting Union Square’s appeal for
unique experiences and shopping. With notable Q4 restaurant
openings such as Leon’s and Le Basque driving momentum,
18 new businesses are already set to debut in 2025. These
include Seahorse at the newly renovated W New York – Union
Square, Café Zaffri at The Twenty Two, and Flight Club,
signaling strong economic growth for the year ahead

A court has blocked–for now–the use of the Union Square Park pavilion as a privately run restaurant. “Opponents object to what they see as the privatization of park space and insist the city needs approval from the state legislature before moving forward. The new ruling lets the city renovate the Pavilion and rehabilitate the bathrooms, but halts plans to lease it out for a restaurant.”

Gothamist has links to all the latest news.

Now at 51 University Place:

“The Hemp Philosophy was founded in New York City by Jack Scaba. Like many of our customers, his team came across hemp while looking for alternative solutions to ailments. What they found was a need for quality hemp that was more accessible. Thus, The Hemp Philosophy was born. Since then, this philosophy has defined the new standard for premium quality hemp products.”

Just what we needed: another beverage outlet. Meet Argo Tea, a small chain of fancy tea shops, which will soon open a new branch in the old Dean and Deluca space on University Place. (You can sample it now at another outlet in the Flatiron Building.)

What used to be the TD Bank at the corner of University and 11th will soon be a new outpost of the quickly expanding Blank Street Coffee Chain. OK, but isn’t better to support local businesses? Go to NewsBar instead.