Restaurant Devastation Continues

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.

NYC’s zoning for businesses has recently changed, allowing for a wider range of retail and experiential offerings. In Union Square, this means new opportunities to lease to unique amusement and recreation facilities, live entertainment establishments and clean production and maker spaces. This bolsters the emerging trends in Union Square, where new nightlife hotspots like Midnight Blue and Upright Citizens Bridge have established
roots alongside a cluster of experiential retail arcades like Boba Box, Sweet Cats Cafe, and Partea. And with the much anticipated 2025 opening of the darts-centric bar Flight Club at 31 Union Square West, Union Square is poised to be at the center of this new wave of ground-floor leasing enabled by the modernized zoning code.

An interesting photo of Lane’s Department Store, before it was transformed into the New School back in the mid-’60s.

Next week, 03/04/2013 – 03/08/2013 Material and equipment deliveries and installation work will continue on all floors inside the building. Roof work, work on the new sidewalks around the building, and the dismantling of the construction hoist on the building exterior will also continue.

The following week, 03/11/2013 – 03/15/2013 Material and equipment deliveries and installation work will continue on all floors and roofs. Sidewalk work and dismantling of the construction hoist on the building exterior will also continue.

We anticipate the take down of the 14th Street sidewalk shed to begin within the next 2 weeks.

Next week (April 11 to April 15), Contractors will continue to excavate earth and rock, and load out material. We will continue to underpin both adjacent buildings with DOB approval of our means and methods. Drilling of tie-backs, lagging and sheeting around the perimeter will progress as well. The following week (April 18 to April 23), we will continue rock excavation and loading out, as well as underpinning both adjacent buildings, lagging and sheeting.