Reminder: Annual Meeting on Wednesday, Oct 12

After a New York Post story complaining about druggies in the park, The Village Voice followed up to see if it’s really true. Their conclusion: “The piece smacks of sensationalism, so we have to ask: Is Union Square any worse than any other park in the city? Or is it simply a place we’ve all heard of, and probably been, that can symbolize the outrage? Cops have reportedly made 84 drug-related arrests in and around the park this year. But that’s hardly a return to the bad old edgy days that many of us can’t stop bemoaning the loss of, even if it is worse than recent years.”

Our new managing agent: Pierre Zarzour pzarzour@akam.com

212-986-0001 ext 169

his assistant: Jillian Rothenberg, jrothenberg@akam.com  ext 181

his boss: Alexis Kaminoff, akkaminoff@akam.com, ext 145

Akam VP: Michael Basile, mbasile@akam.com, ext 113

Here’s a 1910 view of the south side of 14 St. looking east from 6th Ave. from what was then the platform of the elevated train. As you can see, Macy’s was headquartered there (where Urban Outfitters is now) and expanded along the block over time as it grew. Eventually, the cobbled-together space got too complicated and the store decamped for its massive new digs in Herald Square. If you look closely at this building today, you can still see vestiges of Macy’s red star icon in a few places.

Toy store chain Toys “R” Us filed for bankruptcy protection last September, and it has been downhill ever since. Today, the company informed 33,000 employees it would be selling or closing all of its 700 U.S. stores, according to published reports. In addition, Toys “R” Us said today it would close its 75 remaining stores in the U.K., CNN reported, after failing to find a buyer to save it from insolvency administration, which is similar to bankruptcy. (It already closed 25 stores in Britain.) Stores in New York State include a Babies “R” Us at 24-30 Union Square East and a Babies “R” Us at 139-19 20th Avenue in College Point, Queens.

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