Friday, March 4, 2016
The orders are in to demolish the former Chase branch on Second Avenue and St. Mark's Place.
Ahead of that, workers are baiting the building for rats, as you can see from the subtle placements of the baiting stations that arrived on the sidewalk on Wednesday ...
The Commercial Observer reported in August that J.P. Morgan Chase sold the 2-level space to Stellar Management for $12 million. (Stellar and Icon teamed up to buy No. 128 next door.) The former Chase site allows for redevelopment of the 2,380-square-foot site into a mixed-use retail and residential project of 9,520 square feet, according to the Observer.
Icon Realty had been trying to lease the space with an asking monthly rent of $72,000.
The branch consolidated with the Chase two blocks up Second Avenue back in November.
Previously on EV Grieve:
Chase space on 2nd Avenue and St. Mark's Place is for rent
2 East Village Chase Bank branches are closing for good on Nov. 12
Chase branch on 2nd Avenue at St. Mark's Place has the potential to get 4x larger with new owner
The East Village is down 2 Chase branches
Icon wraps former Chase branch at St. Mark's Place with retail ribbon
'Good riddance' Chase, and — a development to watch in 2016