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Union Square Stats
ByDonThe Union Square Partnership Annual Report is full of fascinating statistics. Check it out.
Goodbye, P.C. Richard
ByDonFrom Crain’s New York Business:
The P.C. Richard & Son store near Union Square is going the way of the cathode ray television set and VCRs.
The city’s Economic Development Corp. has announced a request for proposals to redevelop a city-owned site at 124 E. 14th St. that for the past 19 years has been home to a two-level building occupied by the electronics and appliance store.
The EDC is encouraging developers to pitch projects that include new office space for booming industries in the neighborhood, such as technology and creative businesses. According to the city’s guidelines, the development could provide fledgling companies with the space to get started and also a location for young but established firms to transition from incubator and co-working spaces that have sprouted around the city into their own digs.
Proposals may also include residential space, although a spokesman for the city said the EDC’s goal is an office-focused development. Current zoning on the site, however, would seem to encourage a residential component. About 140,000 square feet of housing can be built at the address versus about 93,00 square feet of commercial space. A project could be a blend of the two.
Midtown South has become the city’s hottest office market, with space in the vicinity of Union Square especially popular for its access to transit, shopping, restaurants and tony residential neighborhoods.
“The current site of the PC Richard store will serve as a new tech hub in Union Square, capitalizing on the academic and transit advantages offered by the neighborhood and its proximity to the Flatiron district,” said Maria Torres-Springer, president of the EDC, in a statement. “This is just one example of how we are finding creative uses for the assets we have in a city where space is harder and harder to come by.”
Bids for the property are due by February, the spokesman said, which is the same month that P.C. Richard’s lease is set to expire.
The Alleged New School Construction Schedule
ByDonHere’s what they’re currently saying:
“With demolition and abatement complete, Tishman Construction and the Durst Organization have moved on to the next major phases of the construction process: clearing and laying the foundation. Future deadlines include the following.”
Present to August 2011: Excavation foundation
September 2011 to May 2012: Superstructure erection
May 2012 to October 2012: Façade and building enclosure
Latest New School Construction Update
ByDonNext week (October 7 to October 11), material and equipment deliveries and installation work will continue on the academic floors inside the building. Additionally we will be using a lift on the sidewalk to wash the exterior of the building.
The following week (October 14 to October 18), material and equipment deliveries and installation work will continue on academic floors.
This weekend the site will be open on Saturday, October 5th for interior activities between the work hours of 7AM and 5PM as permitted by the City.



