The Cookie Crumbles

At one time it was the ONLY Barnes & Noble, and now it’s done.

Next week (May 6 to May 10), material and equipment deliveries and installation work will continue on all floors inside the building. We will be working on the new sidewalks around the building and installing new curbs. Additionally we will be working on the roofs of the building.

The following week (May 13 to May 17), material and equipment deliveries and installation work will continue on all floors as well as sidewalk work.

This weekend the site will be open on Saturday, May 4th for interior, roof, and sidewalk activities between the work hours of 7AM and 5PM as permitted by the City.

We’re sad—really sad—to announce that Niall Cooney, our stellar super of two and a half years is moving on to another position here in New York. We’ll miss him and thank him for his very hard work, his good humor, and his consistent commitment to doing things right. We’ve been very lucky to have him on our team.

The Board has already begun the process of recruiting a new super to take Niall’s place. In the meantime, the building will be covered by Jonathan Alfonzo, who will be available on-site Monday-Friday from 9-5 and on call 24/7. Please make note of his phone number and e-mail should you need it: (347)-286-2088 j_alfonzo81@yahoo.com.

Also note the numbers of our managing agent Yves Martinez and his assistant Eric Sunberg.
Yves: 212-986-0001 ext.173
Eric: 212-986-0001 ext.133

Scout Willis, the underage daughter of Bruce Willis and Demi Moore, was busted for drinking a beer while walking around Union Square last week. Having a fake ID and a bad attitude certainly didn’t help matters.

According to a report from Crain’s New York:

Foot traffic is stepping up in Union Square. The area now sees 11% more visitors on summer Fridays than it did in 2012, according to a recent survey conducted by the Union Square Partnership, the neighborhood’s business improvement district. After counting pedestrians and using data from subway turnstiles, the BID estimates that 383,000 people are in Union Square on a Greenmarket Friday.

“Union Square has it all,” crowed Jennifer Falk, executive director of the BID, in a statement, referring to the park, transit options, shops and the Greenmarket.

In recent months, the neighborhood has also drawn a variety of retailers—from Brooklyn doughnut shop Dough to classic outdoor-clothing brand Eddie Bauer. E-commerce brand Rent the Runway also set up a showroom in the area last fall. According to the BID, Union Square has a ground-floor retail vacancy rate of 2.9%, though several spaces are currently on the market.

Retail rents in the area are pricey and rising. Dylan’s Candy Bar signed a deal for 3,300 square feet at 33 Union Square West, a spot formerly held by Puma, for $545 a square foot in the fall, for example. Such rents have pushed out several longtime retailers, including Union Square Café. The Danny Meyer-owned restaurant announced over the summer it will be vacating its space on East 16th Street after three decades. When Mr. Meyer opened the eatery in 1985, he reportedly paid around $50,000 a year in rent—that price has jumped to $650,000.