Union Square-14th Street welcomed 40 new ground-floor businesses in 2022, with an especially strong fourth quarter representing 30% of the year’s openings, the Union Square Partnership reported. Of the new additions, the majority include food + drink establishments (47%), from sit-down bars and restaurants like Reyna New York and P.F. Chang’s flagship NYC location to popular fast-casual newcomers Sweet Chick, Pila de Boba,and Hutch & Waldo.
The Urbanspace Food Hall at Zero Irving, which opened in December, introduced 13 new purveyors to the 14th Street food scene. Retailers, comprising 33% of new businesses, included the return of family-operated Ariston Flowers & Café, and national brands Allbirds and Warby Parker.
According to Placer.ai estimates, domestic foot traffic reached 93% of 2019 levels this past December, and according to the MTA, subway ridership at the Union Square-14th Street station reached 73% of 2019 levels, the second highest ranking station in Manhattan.
The post Union Square Adds 40 Ground-Floor Businesses in 2022 appeared first on Connect CRE.
Union Square-14th Street welcomed 40 new ground-floor businesses in 2022, with an especially strong fourth quarter representing 30% of the year’s openings, the Union Square Partnership reported. Of the new additions, the majority include food + drink establishments (47%), from sit-down bars and restaurants like Reyna New York and P.F. Chang’s flagship NYC location to …
The post Union Square Adds 40 Ground-Floor Businesses in 2022 appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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