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USP Biz + Broker Quarterly Q4 2019 Report Theater Thrives in Union

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USP Biz + Broker Quarterly Q4 2019 Report Theater Thrives in Union USP Biz + Broker Quarterly Q4 2019 Report Welcome to the Union Square Partnership’s Biz + Broker Quarterly Report featuring the district’s latest real estate news and an easy-to-read map showcasing exciting ground-floor retail opportunities. Home to over 70,000 residents, 150,000 employees, and 60,000 students, Union Square is a thriving hub of food, fashion, culture, and cutting-edge businesses. With nearly 344,000 daily visitors, 35 million annual subway riders, NYC’s biggest Greenmarket, and the beautiful Union Square Park, there has never been a better time to do business in Union Square. Theater Thrives in Union Square A Tony-award winning director, a beloved children’s bear, Rescue Me’s Steven Pasquale, and Game of Thrones’ Peter Dinklage are all debuting something special during Union Square’s 2019- 2020 theater season. These hotly anticipated shows include a reimagining of the story of Cyrano de Bergerac as a musical, and a revival of the popular Stephen Sondheim and John Weidman, Tony- winning Assassins. Union Square’s incomparable array of theaters, including Classic Stage Company, the 14th Street Y, Daryl Roth and DR2 Theatres, and the Vineyard Theatre, welcomed over 75,000 ticket holders during their annual 8-month run last year, driving foot traffic and spending to the area. The importance of arts and culture as an economic engine is Union Square’s theaters prove to be a significant foot traffic driver in district. evident throughout the City and especially in Union Square where hundreds of bars and eateries welcome guests after work, during New Businesses lunch or before a show. Culture at the neighborhood level both Caffè Panna 77 Irving Place Food attracts other amenities and businesses and is part of a creative Laut Singapura 31 East 20th Street Food mix that is necessary to economic viability in New York today. The Pasta Eater 9 East 17th Street Food dynamic fabric of Union Square truly sets the area apart with over Retro Coffee 134 East 17th Street Food 380,000 daily pedestrians and the second busiest transit station in Rowgatta 31 West 14th Street Health/Wellness the City. Visit our webpage for a complete line up of area shows, on Xu’s Public House 15 Union Square West Food weekdays and weekends, and further ticket information. Business Leaders Step Up Union Square Park’s North Plaza welcomed the 24th annual Harvest in the Square celebration on September 19. Highlighting the district’s bustling food scene, the event brings together business leaders from the neighborhood’s commercial sectors with upwards of 1,250 eventgoers celebrating Union Square’s culinary heritage while fundraising over $370,800. “Year after year, Harvest in the Square blends cornerstones of the real estate community under one tent for an unforgettable evening filled with vibrant food and excitement,” said Jennifer Falk, Executive Director of the Union Square Partnership. “We would like to thank our business leaders for their continued support every year at this signature event.” Over the years, almost $6.7 million raised has been raised to fund a wide range of district improvements, extensive neighborhood beautification efforts, and complimentary community programs Our real estate community anchors turned out in droves at the 24th Harvest in the Square. orchestrated annually by the Union Square Partnership. October 2019 Union Square District RetailZ Opportunities Check out our easy-to-read map of ground-floor retail opportunities in the Union Square area. The BID’s ground-floor retail vacancy rate remains one of the lowest anywhere in New York City at just 5.5% at the beginning of the 4th Quarter of 2019. W 20 STREET GRAMERCY PARK SOUTH USP BID BOUNDARY USP BIDGREA BOUNDARTER UNIONY SQUARE AREA W 19 STREET E 19 STREET GREATER UNION SQUARE AREA U Lorem ipsum AY VENUE SOUTH W AD O 0-2,499 SF W 18 STREET R ARK A E 18 STREET B P 2,500-5,999 SF J W 17 STREET E 17 STREET D 6,000-35,000 SF R T ST W 16 STREET T E 16 STREET ENUE ENUE ARE EA ARE WES Union ENUE ENUE ENUE AV AV AV AV 6 AV Square 1 2 S 3 IRVING PLACE 5 Park RUTHERFORD PLACE N D PERLMAN PLACE UNION SQU W 15 STREET UNION SQU E 15 STREET N Q O E A I W 14 STREET UNION SQUARE SOUTH E 14 STREET L G P H M K B C F CE A L Y A W 13 STREET P E 13 STREET Y T DW I E A U O RS N R E E B V IV A N 4 U W 12 STREET E 12 STREET 0 - 2,499 SF 2,500- 5,999 SF 6,000 - 35,000 SF I A. 209 East 14th Street, 280 SF I. 233 East 14th Street, 2,500 SF Q. 135 Third Avenue, 8,068 SF Kassin Sabbagh Realty H. Stender Realty Inc CBRE David Green, 212 417R 9217 Herbert Stender, 212 334 8033 Andrew Goldberg, 212 984 8155 AA R B. 228 East 14th Street, 700 SF J. 200 Park Avenue South, 2,500 SF R. 44 Union Square East, 8,460 SF Meridian Capital Cushman & Wakefield Newmark Knight Frank Yoni Hadar, 347 517 8705 Christian Stanton, 212 841 5949 Jeffrey D. Roseman, 212 372 2430 C. 328 East 14th Street, 900 SF K. 123 Third Avenue, 3,000 SF S. 33 Irving Place, 10,000 SF Kalmon Dolgin Newmark Knight Frank Newmark Knight Frank Todd Logan, 718 388 7700 Barry Fishbach, 212 331 0115 Ross Kaplan, 212 850 5418 D. 26 East 17th Street, 961 SF L. 48-50 West 14th Street, 4500 SF T. 31 Union Square West, 11,700 SF Newmark Knight Frank CBRE RKF Jeffrey D. Roseman, 212 372 2430 Michael Kadosh, 212 984 7113 TJ Cholnoky, 212 916 3373 E. 546 Avenue of the Americas, 1,125 SF M. 12 East 14th Street, 5,000 SF U. 881 Broadway, 35,000 SF Buchbinder & Warren NYC Homes LLC RKF Daniel Rodriguez Sains, 646 637 9050 Jean King, 917 929 0749 Ariel Schuster, 212 331 013 F. 230 East 14th Street, 1,300 SF N. 15 Union Square West, 5,073 SF Meridian Capital Winick Realty Yoni Hadar, 347 517 8705 Steven Baker, 212 792 2636 G. 44 West 14th Street, 2400 SF O. 10 Union Square East, 5,726 SF Kassin Sabbagh Realty Empire State Realty Trust David Green, 212 417 9217 Fred C. Posniak, 212 850 2618 H. 6 West 14th Street, 2,400 SF P. 28 West 14th Street, 5,800 SF Meridian Capital Kassin Sabbagh Realty James Famularo, 646 658 7373 Dorel Melloul, 347 922 4563 The Union Square Partnership works to ensure the community’s continued 4 IRVING PLACE growth and success by providing public safety, sanitation, economic ROOM 751 development, and marketing services, and by investing in the beautification NEW YORK, NY 10003 of Union Square Park. For more information, visit unionsquarenyc.org TEL 212 460 1200.
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