The city has plans for 124 E. 14th St. at Irving Place that don't include TVs and home appliances.
As Crain's first reported, the city's Economic Development Corp. is now accepting proposals to redevelop the city-owned site that P.C. Richard (and Son!) has leased the past 19 years.
The EDC is encouraging developers to pitch projects that include new office space for booming industries in the neighborhood, such as technology and creative businesses. According to the city's guidelines, the development could provide fledgling companies with the space to get started and also a location for young but established firms to transition from incubator and co-working spaces that have sprouted around the city into their own digs.
Oh, incubators! (Doesn't P.C. Richard already sell those?)
"The current site of the PC Richard store will serve as a new tech hub in Union Square, capitalizing on the academic and transit advantages offered by the neighborhood and its proximity to the Flatiron district," said Maria Torres-Springer, president of the EDC, in a statement.
The lease for P.C. Richards is up in February. Expect some bigger than the normally big sales!
Maybe this will be priced to move...