Annual Meeting: October 12

This year’s annual shareholder meeting will take place virtually on October 12. Watch your mail and e-mail for log-in details.

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  • Is Union Sq. Park Getting Druggy Again?

    After a New York Post story complaining about druggies in the park, The Village Voice followed up to see if it’s really true. Their conclusion: “The piece smacks of sensationalism, so we have to ask: Is Union Square any worse than any other park in the city? Or is it simply a place we’ve all heard of, and probably been, that can symbolize the outrage? Cops have reportedly made 84 drug-related arrests in and around the park this year. But that’s hardly a return to the bad old edgy days that many of us can’t stop bemoaning the loss of, even if it is worse than recent years.”

  • Regale Deli: Gone

    Regale Deli, on 5th Ave. north of 14th St., has closed. It was always a little dark and spooky, but it was popular, and now there is one less convenient deli in the neighborhood. If University Deli on the corner of 13th closes, we’re doomed.

  • The Neighborhood Commerical Real Estate Update

    The Union Square Partnership Business and Broker Report for the 1st quarter updates us on what’s new and pulsating in the neighborhood.

    Union Square has started the year off on a high note with 10 new business openings and foot traffic recovering to 99% of 2019 levels, a 4% increase from the last quarter. Newcomers include a range of quick service eateries and high-profile sit down establishments, such as the new Coastal Indian
    restaurant Kanyakumari from well-regarded Fungi Hospitality. Popular mattress retailer Saatva joined the established home goods corridor on Broadway, and Sweet Cats Cafe brings more family-friendly entertainment to the neighborhood.

  • Salt Bae Steak Celebrity Plotting Restaurant on P.A.S.

    Signs announcing “#SaltBae coming soon” have been plastered on a space at 220 Park Avenue South, near Union Square, where a location of Japanese chain Haru Sushi once stood. Salt-sprinkling, internet sensation Nusret Gökçe first brought his famed Turkish steakhouse Nusr-Et to NYC in January, opening a 150-seat restaurant in Midtown.

    But if Gökçe is indeed responsible for this signage, it could be slated for something other than a steakhouse. In February, he announced plans for a new burger chain, to be aptly named Salt Bae, telling the New York Post he’s plotting multiple locations in Manhattan and Brooklyn. The signage on the space says just “saltbae,” accompanied by an illustrated version of the butcher.

    Critics fell harshly on Nusr-Et, finding the theatrical dinner served overpriced, mediocre steaks. Eater’s own Robert Sietsema described the beef as “a little rubbery” and “low on flavor,” although Pete Wells from the Times seems to have enjoyed his dining experience, going as far as calling the steak “terrific.”

    The chain has over a dozen locations around the world, but only one other U.S. location exists in Miami, according to its website.