Time Out Food Hall Sets Opening Date

ByDon

Check out the new Time Out food hall when it opens at 14th. St east of the park on September 26. Will a new food hall succeed in a location where the previous food hall failed? We’ll see.

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  • The Annual Union Square Partnership Commercial Update

    ByDon

    Union Square is bustling, with robust foot traffic recovery, a strong roster of new retail and office tenants, and new mixed-use residential developments in the pipeline.

    Key data points from the last 12 months highlight the district’s strengths:

    1.1M SF of office
    space leased in the
    last 12 months

    58K+ average daily
    riders at Union Square
    -14th Street Station

    13% higher visitor
    activity on Greenmarket
    days in USQ

    370K average daily
    weekday trips to the
    Union Square area

    78K+ SF of ground floor
    retail space leased in
    the last 12 months

    Visitor traffic reached
    a high of 109% recovery
    over January 2020

    DISTRICT TRENDS

    USQ IS THRIVING
    ∫ Union Square’s residents have strong spending power,
    with average household incomes nearly 75% higher than the
    Manhattan average.
    ∫ By the end of 2023, visitor traffic hit 109% of January 2020
    levels, driven by Union Square’s vibrant mix of uses and the
    steady return of office workers.
    ∫ Leading employers choose Union Square, and the biggest
    new leases represent finance, technology, hospitality, and
    fin-tech.
    ∫ Union Square grew as a job center, with its workforce
    increasing by 12% since 2023 to reach 168K employees.
    The tech and innovation sector remains strong, with over 45
    companies located in the area.
    ∫ 43 new businesses opened in the past year, 60% of which
    are food and beverage establishments. Indicating a return to
    in-person dining, the number of new sit-down restaurants in
    the district increased by 25% over the number that opened in
    the previous year.

  • Latest New School Construction Update

    ByDon

    Our students have moved into the dormitory which is on the top eight floors with its own entrance. The first day of classes was August 26th and a new semester is now underway. It is anticipated that the academic portion of the building (first eight floors) will be completed in time for this year’s second semester. We will keep you posted. Some of you can see our green roof which is also an exciting addition.

    Next week (September 9 to September 13), material and equipment deliveries and installation work will continue on the academic floors inside the building.

    The following week (September 16 to September 20), material and equipment deliveries and installation work will continue on academic floors.

  • More Food

    ByDon

    The former East West Bookstore on 5th Ave between 13th and `14th will soon open as Human Food, an upscale takeout place with vegan and “paleo” offerings.

  • Union Square Night Market Starts July 11

    ByDon

    Union Square will host its first-ever Night Market by Urbanspace. Union Square is no stranger to Urbanspace, as the company is responsible for putting on the park’s beloved annual Holiday Market. However, this will be the first time Urbanspace will operate an open-air food market during summer nights.

    The Union Square Night Market will run for four Thursdays, starting July 11th. More than 20 vendors will come together to bring New Yorkers some of the best bites in the city. It will all take place along the South Plaza of Union Square Park.

    So whether you’re interested in grabbing something to eat on your summer commute home or planning a date night, the Union Square Night Market will serve as the perfect venue for either!