Now Open: Le Midi

Now, of course, it is apartments, but it was built as the home of Fairchild Publishing.

 

 

An update from the Farmer’s Market:

The time has come to flex your Winter Warrior muscles! Each year, from January through March, Greenmarkets across the city participate in the Winter Warrior Challenge. If you shop at the market during the coldest months of the year, you can win a prize (and Winter Warrior bragging rights!)!

It’s simple to participate and fun for the whole family! All you need to do is stop by any Greenmarket Market Info Tent to pick up your Winter Warrior card. Then, every time you shop at the Greenmarket between January and March, visit the Info Tent to get your card stamped.

Shop ten times before March 31st and win a small Greenmarket prize plus an entry into our raffle for one of our grand prizes. For details, grand prize announcements, and more, follow us at @unsqgreenmarket on Instagram!

Soon to arrive on 4th Ave. between 12th and 13th Streets is Schmackary’s Cookies, which allegedly sells more types of freshly baked cookies that any other cookie store.

Check out this New York Times profile.

From the current issue of The Villager:

When Danny Meyer opened the Union Square Cafe 24 years ago, area rents hovered around $8 per square foot. Today comparable space could rent for up to $400 per square foot.

The business dilemma of astronomical rents was one of the issues under consideration on Mon., Nov. 10, at the Union Square Partnership Fall Forum titled, “Spotlight on Commercial Diversity in Union Square.”

A panel of four experts joined moderator William H. Kelley, the Partnership’s director of economic development, in a roundtable discussion of the area’s commercial landscape.

More than 75 residents and local business owners attended the forum in the Union Square Ballroom, in what one participant described as an attempt to “think outside the box and look forward.”

Kelley explained the motivation behind the forum:

“In its heyday, Union Square had this wonderful gathering of mom-and-pop businesses,” he told The Villager. “Recently, the area has become an international gathering of businesses.”

Forum participants debated if this evolution was an inevitable result of growth or if there were there any tools the Union Square area or even city government could employ to create a more stable mix of large and small businesses.

“I think Union Square is fascinating,” said panelist Larisa Ortiz, of Larisa Ortiz Associates and a co-author of “Real Estate Redevelopment & Reuse.” “It’s a model and a template that other cities have followed,” she said, noting the presence of iconic restaurants and the Greenmarket.

According to an examination of gentrification trends by New York University’s Furman Center for Real Estate and Urban Policy, the number of businesses in the Union Square area rose almost 20 percent from 1990 to 2000, and have grown an additional 8 percent since 2000.

Of those businesses, 11 percent represent food services and “accommodations.” The largest number of retail businesses — 23 percent — are clothing and accessory stores.

Ortiz was concerned how the neighborhood could maintain its character when park-fronting property is privately owned and rents are set by overheated market forces.

“Let’s help interesting speciality business and restaurant spaces on the side streets,” she suggested.

To gauge interest in topics for the forum, the Partnership sent out a questionnaire in September to more than 3,500 local residents and businesses. A question asked what the most important issue facing Union Square is.

The survey drew almost 300 responses. Topping the list of concerns, 43 percent of respondents said pedestrian congestion and safety are of primary importance. Another 24 percent believed addressing the neighborhood’s changing character was paramount. Six percent saw completing reconstruction of the square’s north end as important.

Finally, the new Union Square playground, three times its former size, is open.