What Is Shard?
13th St.’s historical Erskine Press building will be the home to some kind of new restaurant called Chard pretty soon. No details, but it seems Asian.
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Filene’s Next to Go?
ByDonCrain’s reports:
Time may be running out for brides to dash to Filene’s Basement. The off-price retailer, famous for its Running of the Brides discount wedding dress events, is on the block. In a filing with the Securities and Exchange Commission Friday, the chain’s Columbus, Ohio-based parent Retail Ventures Inc. said efforts to cut costs “is not likely to lead to sustainable operations for Filene’s basement.”
In January, Retail Ventures had announced the closing of 11 underperforming Filene’s stores, including one in Levittown, N.Y. Yet performance at the remaining 25 locations, which include four in New York City, “has continued to deteriorate significantly since that time,” according to the filing. Retail Ventures, which also owns footwear chain DSW Inc., said it will delay the filing of its annual results with the SEC.
Union Square 4th Quarter Surge Statistics
ByDonFrom the Union Square Partnership:
Union Square’s fourth quarter performance capped a strong
2024, marked by year-over-year growth across key metrics:Ground Floor Leasing: 49 new businesses opened in 2024,
with Union Square’s signature culinary scene driving 65%
of leasing activity.Foot Traffic: An average of 370k daily trips in 2024
reflected a 4% increase over 2023, which itself saw a 15%
rise compared to 2022.Consumer Spending: A 5% increase in 2024 over 2023,
fueled by higher spending at restaurants and bars (+7%),
entertainment (+18%), and retail (+3%), continuing upward
trajectories from 2023 (+8%) and 2022 (+17%).In Q4, the district experienced a 23% surge in visits and a
28% jump in consumer spending during Urbanspace’s Union
Square Holiday Market, highlighting Union Square’s appeal for
unique experiences and shopping. With notable Q4 restaurant
openings such as Leon’s and Le Basque driving momentum,
18 new businesses are already set to debut in 2025. These
include Seahorse at the newly renovated W New York – Union
Square, Café Zaffri at The Twenty Two, and Flight Club,
signaling strong economic growth for the year aheadHow to Save the Village…on a Map
ByDonThe Greenwich Village Society for Historic Preservation maintains a cool interactive map that shows you all the places it is currently working to preserver the Village’s most important landmarks. They are very busy people.
Union Square, 1898
ByDonA fascinating photo of the good old days. The view is north up Union Square East to Park Ave. South, then known as 4th Avenue. Note that the George Washington statue used to reside at the intersection of 14th St. and 4th Ave.
Union Square Could Be Swarmed on May Day
ByDonEarly rumors suggest that Union Square will become the center of Occupy-related protests on May 1.
Annual Shareholders’ Meeting: December 3 — In Person!
ByDonPlease note that the 2024 Annual Meeting of Shareholders for 7-11 East 13th Street Tenants Corp. will be held on Tuesday, December 3rd at 6:00PM. The meeting will be held at Conservative Synagogue of Fifth Avenue located at 11 East 11th Street, New York, NY 10003. A formal notice of the meeting will follow.
The primary purpose of the meeting is to elect the Board of Directors for the upcoming year. If you are interested in running for a seat on the Board, please submit a short synopsis or bio outlining your qualifications and desire to run for the Board of Directors. You may send this information to Mecca White at Mwhite@akam.com no later than Friday, November 1, 2024, so that your name may appear on the ballot.
Additionally, the 2023 Audited Financials are attached. Please keep a copy for your records.
We look forward to your participation at the Annual Meeting.