Archives: Union Square 19th Century

Today Goathamist reports that the city has picked Simon Oren’s Chef Driven Market, LLC to run the restaurant in the pavilion in the northern tip of Union Square. The company currently runs the 5 Napkin Burger chain, as well as a string of other restaurants throughout the city.

The current plan is to run an all-day seasonal American restaurant that will utilize produce from the Union Square Greenmarket, from April through October. The operators also want to annex part of the space just north of the pavilion for outdoor seating and a bar area. The city has reportedly agreed to a 15 year deal with the company. This comes a few months after news broke that OV-Hospitality’s plans for a restaurant in the space called City Farm Cafe fell through.

Reminder: The annual shareholders’ meeting will take place on

July 22nd at 7PM – 9PM at The Seafarers and International House ,123 East 15th St. on the second floor.

Please attend, and if you can’t, please hand off your signed proxy to a neighbor who will be attending. After the meeting, the Board will send around the minutes and any presentations via e-mail. If you would like to update your e-mail address, please send it to donwillmott@hotmail.com.

Steak Frites on 16th St., which morphed into Union Prime, is morphing back into Steak Frites. Go figure

Comparing 3rd quarter 2007 to 3rd quarter 2008, real estate prices around here have actually done pretty well, according to the Times.

Neighborhoods that experienced price drops include the Lower East Side and the East Village, where median prices fell 5.5 percent; and Carnegie Hill, where co-op prices decreased 7.2 percent. Median prices in Hamilton Heights and Morningside Heights dropped 30 percent, with sales decreasing to only 19 from 67 in 2007. In Washington Heights, median prices went down 6.3 percent, but the number of sales increased to 24 from 18 in 2007.

The neighborhoods that fared the best through the third quarter included Fifth Avenue and Park Avenue from 59th to 96th Streets, where median prices went up 35 percent. In Lincoln Square, an area between 57th and 72nd Streets from Central Park West to the Hudson River that is home to high-priced apartments in 15 Central Park West and the Time Warner Center, median co-op prices went up 18.6 percent and median condo prices went up 25 percent. Prices also rose in Lenox Hill, where median co-op prices went up 19 percent; and Chelsea, where median co-op and condo prices went up about 6 percent.

Other neighborhoods that experienced increases include Greenwich Village, where median prices for co-ops went up 3.9 percent; Union Square and the Gramercy area, where co-op prices went up 3.3 percent and condo prices went up 2.6 percent; and the Upper East Side, where median co-op prices went up 2.3 percent and condo prices went up 9.1 percent.