A news flash about the Zen Palate site on Union Sqare East, and it’s decidedly downmarket:
“The Riese Organization just purchased 34 Union Square (between 15th and 16th), formerly home to Zen Palate and plans to install a TGI Friday’s and a bonus Tim Horton’s in the space. Its been vacant in the two years since Zen Palate vacated due to “astronomical and non-negotiable increases” in their rent, a rent that has dropped 40% in the last six months. Choice quote: “…while many chefs in the district purchase food from the popular green market there, T.G.I. Friday’s will not join them, says Mr. Riese. ‘We are not that type of restaurant…'” Indeed.