Chipotle on the Way

This quarter, a new wave of sit-down restaurants and bars opened in Union Square, doubling the openings in this category for 2024 year-to-date compared to the same period last year. Notable newcomers include jazz club and Japanese whiskey bar Midnight Blue, from the team behind top cocktail bars Martiny’s and L’Americana, and Amo Seafood, a new favorite for Italian coastal cuisine. 17th Street has blossomed into a culinary destination. The newest arrivals are the highly acclaimed Peruvian restaurant Mission Ceviche and the Vietnamese gem
La Dong, which join the notable 2024 arrival Kanyakumari. Alongside beloved staples Lillie’s, Pasta Eater, and Laut, this vibrant street is your go-to spot for an unforgettable meal.

There will be another messy and smelly street fair on University Place on August 8.

The Observer reports:

Richard Cantor, a principle in the real estate marketing firm of Cantor-Pecorella, considers that the best of Village life consists of “very luxurious” apartments that incorporate the “open expanse” of loft-style living with the communal intimacy of townhouse residency. How serendipitous that Mr. Cantor’s firm should happen to be marketing the new(ish) eight-unit development at 12 East 13th Street co-engineered by DHA Capital and Continental Properties, which, he recently told the Observer, evinces just these same qualities! You know what they say, it’s always easier to sell a product that you truly believe in.

Certain longtime denizens of the Village, of course, would no-doubt quarrel with the tenets of Mr. Cantor’s appraisal, but his luck on East 13th Street has been pretty good so far. He reports that the development has made its first sale, of the full-floor Residence #4, which, he said, went for just shy of its $11.25 million asking price. The buyers, he said, were a young-ish family already living in the area and pleased indeed to find a place of this size–four bedrooms, 4,816 square feet–so near the heart of the neighborhood. The patriarch, naturally, is in finance.

But surely it was not size alone that lured the new owners; there is also, for example, the very luxurious open expanse of the condo’s townhouse-like intimacy to consider. The building, which was converted from a parking garage, retains a trace of automotive functionality, offering private parking spaces gratis for residents via a state-of-the-art robotic system. More creaturely comforts include high ceilings and big windows for plentiful light and air, custom Italian cabinetry, and bathrooms with generous portions of slab marble and Italian limestone.

Mr. Cantor said that he expects several more closures in the coming weeks, and occupancy no later than this summer. But for all you big spenders out there, the glass-sheathed triplex penthouse, we were given to understand, remains available. All you need to move in is $30.5 million, which seems eminently reasonable, for the very best of Village living.

Read more at http://observer.com/2015/03/best-of-the-village-garage-to-condo-development-notches-first-sale-around-11-25m/#ixzz3UYu20ZHe

Next week (December 5 to December 9), DOT approved street connections to underground utilities on Fifth Avenue will continue. Superstructure work will continue at 1st and 2nd floor levels. Sidewalk sheds will continue being erected around the perimeter of the site. The following week (December 12 to December 16), we will continue superstructure concrete and slabs. Street utility connection work will continue.

This weekend the site will be open on Saturday, December 3rd for superstructure related activities between the work hours of 7AM and 5PM as permitted by the City.

The annual sharehoilders’ meeting will take place on Thursday, October 26th, 2023 at 7:00pm and will be held via Zoom conference call; both audio and video options are available. Please see your e-mail for log in instructions or contact Richard Cacciato, rcacciato@akam.com, if you need the instructions.