Reminder: New School Updates Available

ByDon

 

Remember that the New School is posting updates about its construction progress at this link.

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    The 4th Quarter Union Square Partnership Business Report, available here, has some interesting updates:

    Union Square finished the year strong, with storefront occupancy in the BID1 reaching 91% in Q4 2025 (compared to 85% in Q4 2024). This growth reflects continued   confidence in the district and demand from both national operators and emerging local players. Around Union Square Park, five long-vacant corner storefronts are slated to welcome new business openings in 2026, including global apparel anchor UNIQLO as well as Flight Club and Voodoo Doughnut, both new to NYC.

    60 businesses opened in Union Square in 2025 (11 more than in 2024). Q4’s 16 openings ranged from top retailers like Pacsun, Ulta Beauty, and Aritzia (which expanded into a new space three times its previous size), to more intimate establishments like Maison Welles and Stars. Nespresso debuted its 13,000+ SF flagship that merges traditional retail with multi-sensory coffee tastings, interactive masterclasses, and a speakeasy. While Nespresso leads in scale, smaller coffee-forward openings include unique experiences this quarter, including Ioannis Coffee Chef’s “farm-to-cup” workshops and luckin coffee’s tech-driven model. With rising occupancy and a robust tenant pipeline, Union Square enters 2026 primed for an exciting year.

  • Latest New School Construction Update

    ByDon

    Next week (June 4 to June 5), Superstructure work will continue at the 18th floor level. The superstructure concrete work will be completed on the building buy the end of the month. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic.

    The following week (June 11 to June 15), we will be working on the machine room levels on the 18th floor. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic. The crane on site will be demobilized and removed from site at the end of June.

    This weekend the site will be open on Saturday, June 2nd 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.