Permits have been filed to build a 12-story 29-unit building at 34 Union Square East. The proposed 124-foot-tall building will have 29,390 square feet of residential space and 1,555 square feet of commercial space. The site formerly held a TGIF restaurant and then the Spacious co-working space. It has been vacant for six years.
Here’s what’s on display in the park:
Miranda July is a fiction writer (No One Belongs Here More Than You), a filmmaker (Me and You and Everyone We Know), a performance artist (Things We Don’t Understand and Are Definitely Not Going to Talk About), and an occasional sculptress. It’s that latter designation that’s the focus of a new public art installation, the comparatively terse “Eleven Heavy Things,” organized by Deitch Projects, which opened late last week in New York’s Union Square Park. (The installation will remain in the park through October 3rd.) The sculptures, many of which revolve around a line of text written in July’s own hand, prod the viewer into audience interaction. “What I look like when I’m lying,” reads one, a white tablet through which the viewer can stick his head. A trio of pedestals — labeled ‘The Guilty One,’ ‘The Guiltier One,’ and ‘The Guiltiest One’ — asks participants to gauge (and flaunt) their general culpability. Three of the sculptures are wordless “headdresses,” decorative sculptures that July compares to the dialogue-free stretches of a movie: “The shapes are those parts of this piece.”
The retail retreat continues, with the departure of American Eagle from Union Square West.
What might be next in the Virgin Megastore space? The New York Post has these rumors:
RELATED Cos. is negotiating with several tenants at One Union Square South for the Virgin Megastore space, sources said. The chain, which was purchased by Related and Vornado Realty Trust in 2007, is closing the store in late May or early June. All US-based Virgin Megastores are due to shut down by the summer.
Related controls the Union Square outlet, while Vornado handles the one in Times Square, which is closing in April to make way for Forever 21, the retailer that signed a megadeal for 100,000 square feet. The two real-estate giants licensed the then 11-unit Virgin chain precisely so they’d be able to control the retail in their buildings.
Sources said the asking rent in Union Square has recently dropped to $15 million per year from $25 million. According to its CoStar Group flyers, Winick Realty is seeking $700 a foot for the 26,000-foot ground floor and $150 a foot for the 31,035-foot lower level. One Union Square South, at 52 E. 14th St., includes the hulking Metronome artwork on the lower north side of the luxury apartment tower that rises from the retail base. Some of the prospective tenants include CVS and Best Buy, which has its eye on the Circuit City space now being controlled by the bankruptcy court.
Last fall, Related signed a letter of intent with Nordstrom Rack for about 40,000 feet. But Nordstrom in the end was reportedly loath to bring its off-price success story into the Big Apple before it snagged an A-plus site for the upscale department store flagship and nixed the Union Square opening. A Nordstrom spokeswoman said, “We will keep looking for a great spot to serve our customers.”
There is also talk that Forever 21 might jump from Vornado’s Whole Foods building at 40-48 E. 14th St., which also hosts Filene’s Basement, and expand into 19,200 feet at One Union Square. The Forever 21 store, which opened right after 9/11, has seven years left on its deal. But a buyout doesn’t make sense in the current economic climate.
Last Friday, NYC Parks & Recreation, CYNTHIA-REEVES PROJECTS, and the Union Square Partnership officially cut the ribbon on LOTUS, the newest piece of temporary art in the Union Square Park Triangle. LOTUS was the creation of Seoul-based artist Jaehyo Lee. To create the piece, the artist meticulously carved, shaped, burned the individual wood elements attached to a steel armature that stretches 12 feet high. The artwork has certainly made an impression as passersby who can be seen at all times of day stopping to look and touch the new art in the triangle.
P.F. Chang’s has finally opened on the corner of University and 13th, golden horse included. However, Eater.com hates it. A lot.
Next week (July 15 to July 19), material and equipment deliveries and installation work will continue on all floors inside the building. We will be working on the new sidewalk around the building on 13th st. Additionally we will be working on the roofs of the building.
The following week (July 22 to July 26), material and equipment deliveries and installation work will continue on all floors as well as sidewalk work.
This weekend the site will be open on Saturday, July 13th for interior, roof, and sidewalk activities between the work hours of 7AM and 5PM as permitted by the City.