Latest New School Construction Update

Next week (October 1 to October 5), Material and equipment deliveries and installation work will continue on all floors. Curtain wall installation on upper floors will continue. Curtain wall installation on the lower floors will proceed along 5th ave inside the construction site. The crane that is on site will remain for the duration of curtain wall installation and will not affect pedestrian or automotive traffic.

The following week (October 8 to October 12) Material and equipment deliveries and installation work will continue on all floors. Curtain wall installation will continue on all floors. Curtain wall installation on the lower floors will proceed along 5th ave inside the construction site. The site will be open on Monday the 8th.

This weekend the site will be open on Saturday, September 29th for superstructure related activities and curtain wall installation between the work hours of 7AM and 5PM as permitted by the City. Con Ed is on site working in the street at 14th Street and 5 Avenue.

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    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.

  • Union Square Is Hot for Retail

    According to a report from Crain’s New York:

     

    Foot traffic is stepping up in Union Square. The area now sees 11% more visitors on summer Fridays than it did in 2012, according to a recent survey conducted by the Union Square Partnership, the neighborhood’s business improvement district. After counting pedestrians and using data from subway turnstiles, the BID estimates that 383,000 people are in Union Square on a Greenmarket Friday.

    “Union Square has it all,” crowed Jennifer Falk, executive director of the BID, in a statement, referring to the park, transit options, shops and the Greenmarket.

    In recent months, the neighborhood has also drawn a variety of retailers—from Brooklyn doughnut shop Dough to classic outdoor-clothing brand Eddie Bauer. E-commerce brand Rent the Runway also set up a showroom in the area last fall. According to the BID, Union Square has a ground-floor retail vacancy rate of 2.9%, though several spaces are currently on the market.

    Retail rents in the area are pricey and rising. Dylan’s Candy Bar signed a deal for 3,300 square feet at 33 Union Square West, a spot formerly held by Puma, for $545 a square foot in the fall, for example. Such rents have pushed out several longtime retailers, including Union Square Café. The Danny Meyer-owned restaurant announced over the summer it will be vacating its space on East 16th Street after three decades. When Mr. Meyer opened the eatery in 1985, he reportedly paid around $50,000 a year in rent—that price has jumped to $650,000.