Dominique Ansel is opening a third bakery in Manhattan. The French pastry chef, famous for inventing the cronut in 2013, has signed a 15-year lease n at 64 University Place, between East 10th and 11th streets. The new bakery is located on the ground level of that yet-to-be-completed 11-floor luxury apartment complex.
…replacing Diesel at the corner of 14th and Union Square West
Check out this list of stores.
The Union Square Partnership reports:
Amid the broader success of the Union Square area in 2024, the performance of 14th Street between 1st and 6th Avenues stands out as exceptional. This segment alone welcomed 18 new businesses in 2024, including Q4 openings such as Adonis Barbershop, Upperz Café & Bar, Kamisama, and Harlem’s famous soul food restaurant Amy Ruth’s. These family-owned establishments enhance Union Square’s vibrant and diverse retail and food scene.
Thanks to strong leasing activity this quarter, the storefront vacancy rate along 14th Street between 1st and 6th Avenues has dropped to 9%, with just one available ground-floor listing east of Broadway.
According to LiveXYZ, this is below the average vacancy rate for Manhattan Business Improvement Districts (BIDs) (16%) and the vacancy rate for the Union Square Partnership BID as a whole (16%).
Beyond retail growth, investments in residential developments and transit upgrades have modernized 14th Street’s appearance and accessibility at Union Square’s western gateway. The completion of upgrades to the F/L/M/1/2/3 subway station at 6th Avenue has made the station fully accessible, complementing new residential landmarks like FÖRENA (540 6th Avenue) and 101 West 14th Street at the intersection’s northern corners. Meanwhile, construction is underway on a 71-unit condominium at 525 6th Avenue on the southwest corner, poised to complete the transformation of this important intersection.
If you get the chance, walk by the former location of The Adore at 17 East 13th St. where renovations have uncovered an antique sign advertising childrens’ haircuts. Sad to say, it’s likely that it will be gone soon.
Reading International has announced he closing of construction finance facilities totaling US $57.5 million to fund the non-equity portion of the anticipated construction costs of its redevelopment of 44 Union Square in New York City. It’s the historic building at the corner of 17th and Union Square East that is historically known as Tammany Hall.
The redevelopment of 44 Union Square will add approximately 23,000 square footage of rentable space to the current square footage of the building for an approximate total of 73,322 square feet of rentable space, inclusive of anticipated BOMA adjustments and subject to lease negotiations and the final tenant mix.
7 For All Mankind has opened on the corner of 5th Ave. and 15th St. at the former site of Au Bon Pain. So instead of a $3 muffin you can get a $300 pair of jeans.