Our Very Tall, Very Expensive New Neighbor
More details have emerged about the upcoming 5 West 13th. St, a very tall condo with very few units. Consider it another safe deposit box for absentee foreign real estate investors.
More details have emerged about the upcoming 5 West 13th. St, a very tall condo with very few units. Consider it another safe deposit box for absentee foreign real estate investors.
The flowers are back on sale at the corner deli on 13th. Problem solved.
The Wall Street Journal has a lot to say about what’s happening in our neighborhood. For example: ““I think the area was quite spectacular and bohemian to begin with, but it’s becoming a bit more adult,” said Madeline Hult Elghanayan, a broker at Douglas Elliman Real Estate. “You now see a new, luxury-oriented clientele that’s looking for places to live in this immediate area.“
The upscaling of the neighborhood continues with speakeasy Everything’s Jake on East 13th St. Cocktail prices are… not bad.
A news flash about the Zen Palate site on Union Sqare East, and it’s decidedly downmarket:
“The Riese Organization just purchased 34 Union Square (between 15th and 16th), formerly home to Zen Palate and plans to install a TGI Friday’s and a bonus Tim Horton’s in the space. Its been vacant in the two years since Zen Palate vacated due to “astronomical and non-negotiable increases” in their rent, a rent that has dropped 40% in the last six months. Choice quote: “…while many chefs in the district purchase food from the popular green market there, T.G.I. Friday’s will not join them, says Mr. Riese. ‘We are not that type of restaurant…'” Indeed.