Reminder: New School Updates Available

Next week (February 13 to February 17), Superstructure work will continue at 5th and 6th floor levels.

The following week (February 20 to February 24), we will continue superstructure concrete and slabs on the 5th and 6th floor levels.

This weekend the site will be open on Saturday, February 11th for superstructure related activities between the work hours of 7AM and 5PM as permitted by the City. To control noise levels within the site, work activities will be limited to the placement of formwork and concrete, plumbing and electrical work, rebar for concrete placement, using the crane and equipment to support all activities. Safety horns are used, and required by law, to coordinate lifting with the crane and to alert the workers of the danger overhead. We have directed the operators to limit the use of horns to one short sounding and to use the crane later in the day so as to avoid any excess noise. Additionally 14th St. Con Ed Vault utility connection street work will continue per DOT Permit granted for weekends only.

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.

Those rather good burgers on 12th St. are gone. Oh well. Now we can all go to the new Umami Burger on 6th Ave. at 10th St.

Next week (May 13 to May 17), material and equipment deliveries and installation work will continue on all floors inside the building. We will be working on the new sidewalks around the building and installing new curbs. Additionally we will be working on the roofs of the building.

The following week (May 20 to May 24), 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, May 11th for interior, roof, and sidewalk activities between the work hours of 7AM and 5PM as permitted by the City.

This week (June 6-10), contractors will continue to excavate earth and rock, and load out material. We will complete the underpinning of the adjacent buildings. Installation of rakers, line drilling, lagging and sheeting around the perimeter will progress as well. Concrete foundation walls are scheduled to begin.

The following week, we will continue line drilling, rock excavation, and loading out, as well as lagging and sheeting.

Concrete foundation walls will progress.

The retail retreat continues, with the departure of American Eagle from Union Square West.