American Eagle Flies

The retail retreat continues, with the departure of American Eagle from Union Square West.

Similar Posts

  • A Memo from The New School

    Here’s what’s happening in their building as described in a memo sent to the university community:

    June 22, 2009
    From President Bob Kerrey and Provost Tim Marshall Abatement of Hazardous Materials in the University Center at 65 5thAvenue This is a follow-up to the recent announcement of the closing of the 65Fifth Avenue. There were some questions from members of our communityand we thought it would be helpful to provide additional information. The closing occurred because our university’s trustees have approvedthe removal and abatement of hazardous materials in the building.Several Board members with considerable New York City constructionexperience recommended that abatement work be started in advance of thedecision to build since it is highly likely that decision will be madethis fall. Abatement of hazardous material will shorten the duration ofthe construction of the University Center project. However, becauseabatement results in stripping the interior of the building of allfinishes, it was necessary to close the building in order to performthis work. Please note that the abatement work would have beennecessary regardless of future building plans. The Board had previously authorized the production of schematicdrawings for a new building. This authorization has led to extensivecollaboration with the newly created University Facilities Committee.This committee is working closely with the architect, and severalsubcommittees have been formed to offer input around particular kinds ofspaces. This input will likely lead to a final Board decision in the fall toproceed with construction of the Fifth Avenue University Center. Thisdecision will depend upon evaluation of new construction cost estimates,of actual enrollment results, and of financing. We recognize that the closing of the 65th Fifth Avenue has resulted insignificant dislocation of student activities. We have accommodated someof these activities with new construction in Arnhold Hall on 13thStreet. However, more needs to be done. We are pursuing severalpromising real estate opportunities that give us confidence that we willbe able to provide the new amenities this year. In the unlikely event adecision is made not to proceed with the new construction, or to delayconstruction for a long period of time, the trustees will review alloptions for dealing with the existing building at 65 Fifth Avenue. We expect that a schedule of construction activities at the site can beannounced within a couple of weeks, when we expect the abatement anddemolition contracts approved by the trustees to be finalized. Afterworking with the University Facilities Committee to reach broadconsensus about the program for the new building, we will continue tomeet throughout the summer with the Committee and with other user groupsin developing the schematic design. We are also working to set upvenues for regular communication to the entire University communityabout the project’s progress.

  • Highlights of 2022 Union Sq. Partnership Commerical Report

    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. 

  • New School Construction Update

    The latest from the New School:

    Next week (January 17-21), Urban Foundations will continue to drill solder piles on 14th Street. The pile driving rig is scheduled to arrive on site, and will begin driving piles on 5th Ave, moving South. Loading out of debris and earth from the site will continue. Hand chopping of the existing foundation wall in the South East corner of 65 Fifth will also be taking place. Installation of the fence along the USC Courtyards will take place, followed by the removal of the existing protection.

    The following week (January 23 – 28), Urban is anticipated to continue driving piles along 5th Avenue, then continuing to 13th Street moving East. Excavation of earth and installation of timber lagging between piles on 14th street is planned to begin. Loading out of debris and earth from the site will continue. Demolition of existing foundation wall in SE corner of 65 Fifth by hand chopping will continue.