The Neighborhood Commerical Real Estate Update

The Union Square Partnership Business and Broker Report for the 1st quarter updates us on what’s new and pulsating in the neighborhood.

Union Square has started the year off on a high note with 10 new business openings and foot traffic recovering to 99% of 2019 levels, a 4% increase from the last quarter. Newcomers include a range of quick service eateries and high-profile sit down establishments, such as the new Coastal Indian
restaurant Kanyakumari from well-regarded Fungi Hospitality. Popular mattress retailer Saatva joined the established home goods corridor on Broadway, and Sweet Cats Cafe brings more family-friendly entertainment to the neighborhood.

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  • Latest New School Construction Update

    Next week (January 30 to February 3), Superstructure work will continue at and 3rd, 4th and 5th floor levels.

    The following week (February 6 to February 10), we will continue superstructure concrete and slabs on 4th and 5th floor levels.

    This weekend the site will be open on Saturday, January 28th for superstructure related activities between the work hours of 7AM and 5PM as permitted by the City. To control noise levels within the site, work activities will be limited to the placement of formwork and concrete, plumbing and electrical work, rebar for concrete placement, using the crane and equipment to support all activities. Safety horns are used, and required by law, to coordinate lifting with the crane and to alert the workers of the danger overhead. We have directed the operators to limit the use of horns to one short sounding and to use the crane later in the day so as to avoid any excess noise.

    In addition to the normal work this Saturday we will be disassembling the small crane and removing it from the site. During the demobilization 13th St. will be closed as well as some lanes on 5th Ave. Pedestrian traffic will also be temporarily closed on the east side of 5th ave. for safety.

    Please do not hesitate to contact me if you have any concerns or questions. Thank you

    Jane R. Crotty
    Senior Vice President
    George Arzt Communications, Inc.
    123 William Street, 22nd Fl.
    New York, NY 10038
    T (212) 608-0333

  • Chef of 13th St.’s Upcoming All’Onda Speaks

    As Chris Cannon, formerly a partner in Convivio and Alto, prepares to return to Manhattan this fall with a new restaurant called All’onda,  In a market crowded with salumi boards, how will this new venture fit in or stand out? To get some perspective, Eater.com asked Chris:

    What’s the difference between All’onda and every other Italian restaurant in New York? I think we’re taking…effectively, what we’re trying to do is take Venetian cuisine that’s always been a cuisine that is a meeting point of a number of different cultures — as most cuisine actually in Italy is — and Venetian cuisine has always been a meeting point with Eastern cuisine and culture.  I think that what we are trying to do is basically take Venetian cuisine and a lot of seafood cuisine in Venice and take a very sophisticated Japanese lens and apply it to traditional Italian cuisine. So, I would say that you take a traditional dish and really not changing the basic components of traditional Italian cuisine, but changing in the sense that you’re taking the same ingredients and treating them a little bit differently and making them more modern, more interesting.