305 Fitness, Our Next Downstairs Neighbor

From the Observer:

Jason Scherr, owner of the cafe that the New York Press named best new coffee shop in 2008, has signed a lease for about 1,600 square feet at 123 Fourth Avenue, between 12th and 13th streets, in which he will open his third Think Coffee by the end of the summer, according to Jason Turner, his broker at Zelnik & Company Real Estate. Think is taking the space of the closed Panorama Galleries on an otherwise rather shoddy block that just happens to be steps away from N.Y.U.’s Third Avenue North dorms and its soon-to-be-completed new dorm on 12th Street.

Think Coffee’s two other cafes are at One Bleecker Street and 248 Mercer Street.

“Think Coffee thought it was an emerging street that had some upside,” Mr. Turner said. “Rents are significantly lower than on Broadway or University, so he can be within the Union Square submarket without having to pay Union Square rents.”

The board is currently searching for a super. It is taking a bit of time, but obviously it wants to make the right decision and find the perfect person. Please stand by.

So we’re swapping one big box electronics store for another. Best Buy will move into the old Circuit City space on 14th St. by the end of the year.

The suburbanization of Union Square continues with the arrival of the Panera Bread chain on Union Square East between 14th and 15th Streets.

Sad to see Patsy’s Pizzeria leave University Place. For more than 15 years it was the most reliable pizza in the neighborhood. What will take its place?

Please be advised that curbside composting began on October 6, 2024. The program is mandatory and requires buildings to separate food and yard waste from other trash and recycling items. However, there is a grace period until April 2025 to allow buildings to implement the proper procedures and get everything in order.

• We have ordered one bin for each building and have ordered a second for each building in anticipation of participation.
• Residents are required to bring their food waste materials down and place them in the composting bin. The bins are on the second floor of 14^th Street and in the garbage area in the back of the lobby on 13^th Street. They are in place and ready for use.
• Acceptable materials for the composting bin include all food scraps, bones, dairy, prepared/cooked foods, and food-soiled paper (napkins, paper plates, coffee filters).
• Recycling and trash procedures remain unchanged.

Please see the attached DSNY flyer detailing acceptable materials for the composting bin. Additional guidance and recommendations include:

• Drain liquids before placing food scraps in the composting bin.
• Store composting materials in a plastic bag, brown paper bag, yogurt tub, or a designated organics container. Empty the scraps into the composting bin in the basement.
• To prevent odors, store scraps in the freezer if you cannot bring them down immediately.
• Newspapers, paper bags and certified compostable bags are acceptable in the composting bin. Plastic bags may be thrown in the bin as the DSNY has a method for removing them. Hard plastic, metal, and glass are not permitted.

As a reminder, plastic, cardboard, metal, and glass should be recycled separately and not placed in the composting bin. Regular trash items including Styrofoam, pet waste, or diapers must not be thrown into the composting bin.

Should you have any questions or concerns, please feel free to contact me or Mecca at 212-986-0001 or via email at TCunningham@akam.com or MWhite@akam.com.

Thank you.