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Lillie’s: A New Bar Nearby
ByDonCheck out Lillie’s, a new bar on 17th St. between 5th and Broadway. Cool decor.
Union Square Partnership Annual Meeting, May 7
ByDonIf you’d like to attend the Union Square Partnership’s Annual Meeting on May 7th, click here.
BC Organic Laundry: Done
ByDonAfter serving 13th St. and the neighborhood for more than 30 years, BC Laundry has suddenly closed, so suddenly in fact that clothes are trapped inside. Good luck!
New Restaurant: Qi
ByDonThe trendy and chic Asian Eatery Qi (31 West 14th Street, 212 929-9917) combines environmentally conscience design and hip ambiance with an adventurous menu of options, including seasonal and macrobiotic selections that help detox and cleanse the body to reset energy flow. Dishes include Lemongrass Tuna Tartar and Ginseng Duck with Five Spices. Lunch specials start at just $6.90, everyday from 11 AM – 3:30 PM, including a free appetizer and rice.
Union Square Is Hot for Retail
ByDonAccording to a report from Crain’s New York:
Foot traffic is stepping up in Union Square. The area now sees 11% more visitors on summer Fridays than it did in 2012, according to a recent survey conducted by the Union Square Partnership, the neighborhood’s business improvement district. After counting pedestrians and using data from subway turnstiles, the BID estimates that 383,000 people are in Union Square on a Greenmarket Friday.
“Union Square has it all,” crowed Jennifer Falk, executive director of the BID, in a statement, referring to the park, transit options, shops and the Greenmarket.
In recent months, the neighborhood has also drawn a variety of retailers—from Brooklyn doughnut shop Dough to classic outdoor-clothing brand Eddie Bauer. E-commerce brand Rent the Runway also set up a showroom in the area last fall. According to the BID, Union Square has a ground-floor retail vacancy rate of 2.9%, though several spaces are currently on the market.
Retail rents in the area are pricey and rising. Dylan’s Candy Bar signed a deal for 3,300 square feet at 33 Union Square West, a spot formerly held by Puma, for $545 a square foot in the fall, for example. Such rents have pushed out several longtime retailers, including Union Square Café. The Danny Meyer-owned restaurant announced over the summer it will be vacating its space on East 16th Street after three decades. When Mr. Meyer opened the eatery in 1985, he reportedly paid around $50,000 a year in rent—that price has jumped to $650,000.


