Shanghai Square, the new Chinese restaurant slated to replace Izu/Lemongrass Grill on our 13th St. side has released its menu. First reaction: it’s aggressively boring. There appears to be nothing on it that suggests this will be anything other than another run-of-the-mill Chinese.
HGLArt, now open on our 13th St. block next to the equally new Lucky Louie Cafe, is a very fancy preschool.
Check it out.
Hersha Hospitality Trust, owner of upscale and select service hotels in major metropolitan markets, announced that the Company has entered into a purchase and sale agreement to acquire the 175-room Hyatt Union Square hotel in New York City at 4th Ave and 13th Street for total consideration of $104.1 million, or approximately $595,000 per key. The transaction is expected to close shortly after the seller completes the hotel’s construction. The consideration to the seller consists of $36 million paid to the seller in cash, the cancellation by the Company of a $10 million development loan made to the seller, accrued interest on the loan and the assumption by the Company of two mortgage loans secured by the hotel in the original aggregate principal amount of $55 million. While this purchase and sale agreement secures the Company’s right to acquire the completed hotel, the Company is not assuming any construction risk, including the risk of schedule and cost overruns. The hotel is expected to open in 2012.
What is a Winter Warrior, you ask? For our dedicated neighbors who have braved the rain, sleet, snow and Polar Vortex to find the perfect butternut squash, you are a Winter Warrior! The friendly farmers at the Union Square Greenmarket would like to show you some appreciation.
You can pick up a Winter Warrior card at the Market Information tent and every time you check in, you’ll be able to earn rewards from these producers:
The promotion runs through March 31st
Now taking reservations, the latest location of Serafina, at University and 12th.
The northeast corner of University and 13th St., looking east, circa 1935. That’s the corner with the Basics hardware store. Fascinating!
A few co-op residents were spotted among the mostly NYU throng that congregated in Union Square last night to celebrate Obama’s victory. Want to watch a bit of video capturing the excitement? Click here. And also here.