While the closure was anticipated this year, its suddenness caught many off guard. Last evening, we saw several people peering inside and asking what had happened.
Late last month, Time Out announced it was opening Time Out Market, Union Square, in this space in the fall.
The 10,000-square-foot market hall will soon house seven kitchens, a fully-stocked bar and a stage set to host talent and performances from local artists. The 300-seat space will also feature an outdoor terrace. The new destination will build upon the legacy of Time Out Markets across the world — all with the mission of featuring the city’s best and up-and-coming culinary and cultural talents."Time Out Market New York, Union Square will not just be a place to eat: it will be a platform for culinary and cultural talents—where you can discover the city’s flavors and fresh ideas, and experience New York’s creativity all at once; a place for people and the local community to come together," said Vice President for US Time Out Market, Virginia Rector-Birbal. "It will be for everyone, every day — for all ages, budgets, tastes — under one roof."
Time Out currently has 10 similar markets worldwide, including a 24,000-foot converted warehouse that opened in 2019 in Dumbo.
Urbanspace Union Square opened in December 2022 with 13 vendors (including locals Bobwhite Counter) ... six of the vendors were reportedly first-time entrepreneurs or start-up companies.
We were never inside here and can't speak to its appeal — or lack of. Some Reddit commenters spoke of high prices for the vendors.
The market is on the ground floor of the 21-story building — developed jointly by the city's Economic Development Corp. and RAL Development Services — that was long contested by local preservationists and community groups. It sits on the former site of a P.C. Richard & Son on city-owned property.
