To use urban underground space more efficiently is a research hotspot of urban underground development. Compared with conventional circular tunnels, quasirectangular tunnels have the characteristics of larger space utilization and higher economic benefits, gradually used in urban rail engineering in recent years. But the ground disturbance induced by the quasirectangular tunneling needs further researches. This paper derives the calculation formula of the additional stress of existing shield tunnel below caused by the quasirectangular shield tunneling by mirror image method and Mindlin solution. The existing shield tunnel is simplified as an elastic foundation short beam connected by tensile springs and shear springs. This paper establishes the energy-deformation coupling equation by principle of minimum potential energy so that the disturbance induced by quasirectangular tunneling to the existing shield tunnel below can be analyzed. The FEM is established with the actual engineering as the background. It is by comparing the numerical simulation results and field monitoring data that the theoretical prediction formula is verified. The research results show that the theoretical calculation results consist highly with numerical simulation results and field monitoring data, verifying practicality of formulas in this paper. Calculation results of shear stagger model are more accurate, which can be also used to analyze the staggered and splayed amount between segments. As the tunnel construction proceeds, uplift deformation, segment stagger, shear force, and segment splay of existing shield tunnel gradually increase, which are symmetrical about the central axis of new tunnel. After the shield machine passes through the central axis of the existing shield tunnel for 20 meters, stable disturbance to the existing shield tunnel occurs. Stagger amount and shear force between segments reach the minimum at the position with maximum uplift deformation of existing shield tunnel and reach the maximum at inflection point of the uplift deformation curve.