REAL ESTATE

Time Out to open second U.S. food hall in Union Square this fall

Time Out is opening its second food hall in New York City this fall. Set to occupy the ground floor of Union Square’s Zero Irving tech hub, the 10,000-square-foot Time Out Market will feature a curated selection of the city’s premier culinary and cultural experiences. The 300-seat space will include seven kitchens, a fully stocked bar, an outdoor terrace, and a stage for live performances by local artists, according to Time Out.

Photo courtesy of Eden, Janine and Jim on Flickr

The Union Square food hall will further Time Out’s mission of showcasing the best established and emerging food vendors, as well as cultural talents, in each city where it operates.

The opening will mark Time Out’s 11th location worldwide, with the first opening in Lisbon, Portugal in 2014. Seven more Time Out markets are planned to open between 2025 and 2027. Time Out’s first NYC location opened on the Dumbo waterfront at 55 Water Street in 2019.

“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,” Virginia Rector-Birbal, vice president for U.S. Time Out Market, said. “It will be for everyone, every day—for all ages, budgets, tastes—under one roof.”

Zero Irving, the 22-story office tower at 124 East 14th Street, opened in 2022. Urbanspace leased 10,000 square feet on the ground floor to host a technology training center and incubator, offering co-working and event spaces.

Developed by RAL Cos. and JRE Partners, the building stands on the former site of the P.C. Richard & Son building. The project faced years of intense opposition from local preservationists and community groups who argued that the rezoning required for development lacked protections for primarily low-rise, residential neighborhood, as 6sqft previously reported.

Urbanspace is expected to vacate the building by the end of the month, but provided no reason for the departure. It’s also not clear how much Time Out is paying to rent the space, but rents in the building started at $120 per square foot when it opened in 2022, as reported by Crain’s New York.

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