Our Very Tall, Very Expensive New Neighbor

Next week (August 8 to August 12), Contractors will continue to excavate earth and rock, and load out material. Installation of bracing rakers, line drilling, lagging and sheeting around the perimeter will progress as well. Concrete foundation walls will continue along the perimeter of the site. Interior core foundation work will proceed. The following week (August 15 to August 19 ), we will continue with concrete foundation walls, line drilling, rock excavation, loading out,and interior core foundation work & underground plumbing. DEP will continue to work on the water main along 13th Street. The site will be open on Saturday, August 6th. Work hours are between 9AM and 5PM as permitted by the City. To control noise levels, work activities will be limited to the placement of formwork and rebar for concrete placement, wood lagging, and installation of walers and braces. There will be no rock excavation, rock chopping, or hauling on Saturday.

Wondering what happened to the cute green building on 13th between 5th and 6th that housed Taste of Tokyo and La Dolce Vita? It’s gone. In its place will rise a small boutique hotel.

Please note that the annual shareholder’s meeting has been rescheduled to October 10th. Details to follow.

Arthurs Invitations will close after Christmas. They will retain a printing operation in the basement, but the retail space at street level will get a new tenant.

After a very long run, El Cantinero on University Place has served its last quesadilla. Adios!

Here’s the update: 

Since Best Buy is constantly looking to build on its existing culture of innovation and tailor its stores to the needs of local customers, the electronic retail powerhouse figures, “Heck, why not open a 24-hour spot down there in New York City’s Union Square?” That’s right, Best Buy’s CEO Brian Dunn announced today that a 24-hour, 48,000 square-foot location (the old Circuit City) will open its doors at the corner of 14th Street and 4th Avenue, the heart of historic “please don’t run into me with your skateboard” Union Square, on Nov. 13. Dunn explained, “Today’s consumers have hectic lifestyles that don’t always conform to traditional retail hours. New York has long been known as the city that never sleeps.” Ye —people are lying awake at night, wishing they had a Golden Girls DVD or an Epson scanner! (Sorry, Virgin Megastore.) Maybe people really are looking to shop after 10 p.m.—the 24-hour 5th Avenue Apple Store is doing well. And there’s always the possibility of making a night of it with a bite to eat at the soon-to-come TGI Friday’s. The new location will be open each week from 8 a.m. on Monday through 12 a.m. on Sunday, re-opening for regular Sunday hours of 10 a.m. to 8 p.m.