Barn Joo Moves to Union Sqare West

From the paper:

A new tech hub, which had its land use application approved on Feb. 27, is one step closer to coming to Union Square — between NYU’s Palladium Residence Hall and University Residence Hall. The new facility, currently branded as the Union Square Tech Hub, would replace the recently vacant 124 E. 14th St. address that P.C. Richard & Son formerly occupied.

Mayor Bill de Blasio advocated for the construction of the hub early last year, but approval has been met by opposition from local community groups concerned of overdevelopment.

On one hand, NYU supports the building addition but it has no part in the hub’s construction besides the neighboring walls of two of its residence halls.

“NYU hasn’t had any direct involvement in the project,” university spokesperson John Beckman wrote in an email. “However, we have supported the overall efforts to strengthen [New York City’s] science, tech and innovation economy, from the creation of our own Center for Urban Science and Progress to the development of 370 Jay St. as a tech hub in downtown Brooklyn to Tandon’s [Tandon School of Engineering’s] stewardship of several incubators. The Union Square Tech Hub is meant to advance NYC’s [New York City’s] tech economy, and that’s an objective NYU supports.”

The hub would generate 600 jobs and would feature office spaces for startup tech companies, according to the mayor’s office.

Union Square-14th Street continues to demonstrate incredible resilience with strong signs that the district will not
only continue its upward trajectory but also thrive as one of the City’s best neighborhoods to live, work, and invest in. In this report, we outline the neighborhood’s key advantages and highlight the positive indicators of continued economic growth and success.

Among Union Square’s many advantages is its function as a true “15-minute neighborhood,” with its wealth of local amenities and resources accessible within walking distance or a short bike ride. The draw of Union Square’s diverse retail, food, culture, health, and entertainment offerings, and Union Square Park, its crown jewel, produced positive outcomes with foot traffic and spending reaching near pre-pandemic levels.

Microsoft has leased 150K sf across 10 floors at The Bromley Companies’ 122 Fifth Avenue. The building is undergoing a complete renovation of its commercial and retail spaces, which also welcomed Allbirds to the ground floor in March 2022.

∫ The Zero Irving Tech Center made headlines as its first commercial tenants, Melio (25K sf), and Sigma (15.5K sf), signed leases in the state-of-the-art building, which is ontrack to open in 2022.

∫ NYU announced plans to relocate the Wagner Graduate School of Public Service to its formerly administrative
office space at 105 East 17th Street. It plans to open to its 864 students and 200+ faculty members in Fall 2024.

∫ Longtime district partner Barnes & Noble unveiled Union Square & Co, the name for a new subsidiary of Sterling
Publishing, further reinforcing the strength of the Union Square brand and neighborhood identity.

∫ Over 80K sf of retail space has been leased since 2020 to national brands, such as Allbirds and Sephora, and
newcomers, such as Rookie and Modern Age, who chose Union Square to locate their flagship storefront.

With over 76,000 residents and 145,000 employees within a 1/2 mile radius, Union Square remains one of NYC’s most desirable places to live and work.

∫ Its 2:1 employee to residential population and significant population density, 24% higher than Manhattan, make Union Square a true mixed-use neighborhood, supported by a diverse array of commercial businesses, retail, and restaurants.

∫ Union Square is comprised of 32.5% owner-occupied
housing, which is well above Manhattan’s 24%.

See the entire report here. 

We’re sad—really sad—to announce that Niall Cooney, our stellar super of two and a half years is moving on to another position here in New York. We’ll miss him and thank him for his very hard work, his good humor, and his consistent commitment to doing things right. We’ve been very lucky to have him on our team.

The Board has already begun the process of recruiting a new super to take Niall’s place. In the meantime, the building will be covered by Jonathan Alfonzo, who will be available on-site Monday-Friday from 9-5 and on call 24/7. Please make note of his phone number and e-mail should you need it: (347)-286-2088 j_alfonzo81@yahoo.com.

Also note the numbers of our managing agent Yves Martinez and his assistant Eric Sunberg.
Yves: 212-986-0001 ext.173
Eric: 212-986-0001 ext.133

A bit surprising to see Goodwill pop up here at a time when everything is skewing high-end, but here it is, in the former location of the much-missed Metro Drugs.

After more than 15 years, the very first location of Crunch Fitness is closing on March 16. All members will be directed either to the new and much larger branch at 4th Ave. and 12th St. or the Lafayette St. branch.

If you’re having trouble coming up with a composting strategy, read this article from the New York Times Wirecutter, which provides insight into the available options for composting bins and buckets.