L’Annam to Become Hardware Store

Just what we needed: another beverage outlet. Meet Argo Tea, a small chain of fancy tea shops, which will soon open a new branch in the old Dean and Deluca space on University Place. (You can sample it now at another outlet in the Flatiron Building.)

The New School, has picked up 34-42 West 14th St, a five-story, 180,000 square foot building, for $153 million.

The seller was Samson Associates and the sale closed on Jan. 10, according to the Commercial Observer. Samson had owned the property since 1985. The building’s tenants will remain and pay rent to the school until their leases expire but those leases won’t be renewed. The school will take over space over time and convert it to academic uses. The building has about 25k SF of ground-floor retail space and comes with additional air rights.

Note that price: $153 million.

From the press release:

Soon New Yorkers, known for their culinary palettes, will be able to enjoy the taste of Nutella® in a variety of unique dishes tailored especially for them. Ferrero, a global confectionery company and the maker of Nutella® The Original Hazelnut Spread®, today announced it will be opening a Nutella Cafe at 13th Street and University Place, near Union Square, by the end of the year. Nutella Cafe New York will feature a Nutella-inspired cafe menu and specialty espresso beverages. The first Nutella Cafe opened on May 31, 2017 in Chicago.

“There truly is nothing like the taste of Nutella® hazelnut spread, and with the overwhelmingly positive reaction to Nutella Cafe Chicago, we know our fans feel the same way. It’s their excitement that propelled us to open another Nutella Cafe and continue to showcase the uniqueness and versatility of this beloved product,” said Rick Fossali, vice president of operations, Nutella Cafe.

“Nutella is global power brand and the popularity of the spread is built on Ferrero’s uncompromising focus on quality ingredients. As a multicultural epi-center, New York gives us the opportunity to explore and offer new ways for our local fans to enjoy Nutella, while reaching millions of tourists visiting the city,” added Fossali.

For more information and updates on the Nutella Cafe New York, please check out the Nutella USA Facebook, Twitter and Instagram pages.

Scout Willis, the underage daughter of Bruce Willis and Demi Moore, was busted for drinking a beer while walking around Union Square last week. Having a fake ID and a bad attitude certainly didn’t help matters.

Looking ahead to the upcoming holidays, the New School construction site will be closed on Saturdays, December 24 and December 31st, also on Mondays, December 26th and January 2nd. Next week (December 26 to December 30), Superstructure and concrete work will continue at 2nd and 3rd floor levels. Sidewalk sheds will continue being erected around the perimeter of the site. The roof protection at USC Condo courtyard is finished.The following week (January 2 to January 6), we will continue superstructure concrete and slabs on 2nd and 3rd floor levels.

Not that the area needed another high-end coffee pourer, but here comes Blue Bottle Coffee, on University between 12th and 13th.