Urban Compass Brings More Tech to the Nabe

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The Real Deal reports that Urban Compass (presently named Compass) is moving into a 9,000 sf space at 19 Union Square West. This will be the second New York office for the tech-centric residential brokerage firm.  The company is one of the most well-funded startups, raising almost $33 million since its launch in May.  Continue reading

BOND Real Estate Moves to the Square

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BOND New York, a NYC residential sales and rentals brokerage, is moving to Union Square!  The company is expanding to nearly double the current size, signing a 10.5 year lease for a 8,000 SF fully-gutted space at 853 Broadway.  The new location boasts an impressive panoramic view overlooking the south side of Union Square Continue reading

The Changing Face of the Union Square Retail Market

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Yesterday Bisnow reported on the changes happening in the Midtown South retail market; specifically how new businesses are continually drawn to Union Square, keeping the vacancy rates consistently low in the neighborhood. In the article “Union Square’s Three New Retail Rules,” commercial real estate reporter Amanda Metcalf discusses the transformation of the neighborhood’s retail market with USP Executive Director Jennifer Falk.

In recent years, we have seen a shift in neighborhood dynamics with the influx of tech companies moving into the area bringing in a younger, more contemporary demographic.  Businesses have followed suit, opening new Continue reading

Flagship Opportunities Open Up in Tight Union Square Retail Market

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There has never been a better time for retailers to set up shop in Union Square. The neighborhood consistently enjoys low retail vacancy rates relative to the rest of the city. New construction and renovation of a few key retail spaces has brought rare opportunities for those looking to break into the area. The New School’s gleaming new Continue reading