The New York Post reports this robbery just one block away:

A woman who left her Union Square apartment to check in on a 102-year-old neighbor returned to find a well-dressed burglar grabbing $50,000 worth of her jewelry, cops said yesterday.

The thief — decked out in a black suit and tie — had sneaked into an apartment building on University Place at 3 p.m. Monday and was prowling around for an unlocked door when he hit the jackpot at Linda Kaplan’s home, sources said.

As the thief was stashing bling in a canvas bag, Kaplan, 76, walked in.

She demanded to know what he was doing, and he responded, “I’m with the Fire Department,” according to cops.

When Kaplan demanded to see ID, the 6-foot-2 bandit threw her down.

“He grabbed my shoulders and pushed me to the ground,” Kaplan said. “I grabbed his legs. I tried to stop him from leaving.

“Once he knocked me down, I started screaming for help.”

Among those who ran to her aid was a painter working in an apartment upstairs. Minutes earlier, the thief had poked his head in that unit but fled when he saw the worker.

Cops said the bandit operated like an “office creeper,” a well-dressed thief who looks for laptop computers or purses at unoccupied office desks.

In case you missed it on Friday, protesters invaded and occupied the New School buidling on our block for about 6 hours on Friday morning. Unlike the previous demonstration in December, this one was summarily shut down by a powerful NYPD push at the request of the university, and around 20 occupiers, some of whom appear to have been troublemakers as opposed to students, were arrested. The real losers in all this were the businesses on our block, who were prevented from opening until Friday afternoon.

The Villager reports:

State Supreme Court Justice Jane S. Solomon on Monday dismissed the lawsuit filed last year challenging the Department of Parks’ reconstruction of the pavilion at the north end of Union Square Park.

The dismissal means that the reconstruction of the pavilion, which is currently underway, can proceed and include the infrastructure for a seasonal restaurant.

Members of the Union Square Community Co-alition and NYC Park Advocates had sued to block the entire reconstruction of the north end of the park and the plaza north of the park, claiming that the city failed to comply with state environmental laws and city land-use procedure, and that preparing the pavilion for private use as a seasonal restaurant was an illegal alienation of public land.

Judge Solomon ruled on March 30 that all aspects of the rehabilitation project were in a category of actions that do not require any further environmental review than was already conducted by the Parks Department.

The judge ruled also that the alienation claim was “not ripe” because a final determination of the use of the pavilion is subject to further administrative action — namely a request for proposals, or R.F.P., from private concessionaires to operate a restaurant. At the same time, the judge found that the zoning and land-use procedure issues were also “not ripe” because they rest on allegations that the operation of a restaurant would relinquish control of the park.

Nevertheless, she held that the plaintiffs would have the right to file a lawsuit later in the process.

Solomon said that operating an eating establishment in the park is consistent with public purpose, noting that the area around the pavilion, now being converted into an expanded playground, was previously used as the outdoor restaurant Luna Park Cafe. But she also said that not all restaurants in city parks would necessarily be permissible.

Parks Commissioner Adrian Benepe hailed the verdict, saying, “We are gratified at the court’s decision to allow us to continue the restoration of Union Square Park’s historic pavilion with public space and a seasonal concession. The pavilion is part of the Union Square Park’s north-end renovation, which includes a playground three times larger than previously, a restored plaza and many more trees.

Be sure to check out Num Pang, the tiny new Cambodian sandwich shop on 12th St. just around the corner from University Place. The sandwiches, prices around $7.50 are fresh, spicy, and unusual, very much like Vietnamese banh mi. Crowds have overwhelmed the place in its early days, and it’s been sold out a few times. Still, very much worth a visit, even if the prices are more than double what you would pay for something similar down in Chinatown.

The rumor is quashed. Walmart may be looking at 6th Ave. but has no interest in Union Square according to the Daily News.

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.

From the NY Times:

The latest record store to close in New York is a big one: the Virgin Megastore in Union Square. Following its announcement last month that the Times Square Megastore would close down in April, Virgin Entertainment Group North America will shut down the Union Square shop in late May or early June, a spokeswoman said, confirming a report in Billboard. Virgin will also close its Market Street store in San Francisco in April. The New York closures will leave Manhattan without a large-scale record store. Thousands of music retailers have shut down in recent years as CD sales have plunged, and Virgin has been closing most of its locations around the country since it was bought by the real estate companies Vornado and Related in 2007, but its high-traffic New York stores were said to be profitable.

The latest gossip from The Villager:

While the fate of two prime-time storefronts on the south side of Union Square has yet to be determined, recent whispers have indicated that more big-box stores could be headed for the space currently occupied by a pair of retail behemoths.

Electronics retailer Circuit City, which filed for bankruptcy late last year, will shutter its location on 14th St. at Fourth Ave. at the end of next month as part of plan to auction off all its properties and leases nationwide.

A sales associate at the store said that Walmart was interested in the space, which is owned by developer The Related Companies, although a New York-based spokesperson for Walmart said the big-box chain currently has no announced projects in the city.

Best Buy, which has a store less than a mile away on W. 23rd St., is another name that has been floated as a future tenant. A company spokesperson said the electronics-and-entertainment retailer does not currently have any plans for the site and could not speculate on potential deals.

Rumors have also swirled for months over the possible departure of the adjacent Virgin Megastore, where Related — which owns a controlling interest of the Virgin stores — is also the landlord.

“We’ve made no decision about that property,” Related spokesperson Joanna Rose told Mixed Use, echoing her statements to this paper from last May regarding Virgin’s long-speculated exit. However, Rose did confirm that brokerage Winick Realty Group continues to handle the leasing assignment for the nearly 60,000-square-foot property.

A spokesperson for the Union Square Partnership did not have any information on who could open in either space, where brokers have pegged asking prices for the marquee addresses at upward of $300 to $350 per square foot.

They’ve been under construction for ages, but it looks like the condos at 82 University Place, where the beloved Cedar Tavern used to be, are finally ready to be sold. Starting around 1.5 million.