Showing posts with label Strauss. Show all posts
Showing posts with label Strauss. Show all posts

Monday, April 13, 2009

Monday, April 6, 2009

R&S Strauss has closed: What's next for the corner of East 14th Street and Avenue C?

We've been keeping our eye on the R&S Strauss auto parts store on East 14th Street at Avenue C. Last May, the building was reportedly quietly put on the market for $13 million.

The store is now closed. The location has already been removed from the R&S Strauss Web site.




According to the Massey Knakal Web site, the building was sold in January for $12.3 million. As the site noted: "The lot measures 114’9” x 88’and has a total buildable square footage of approximately 36,125 sq. ft. for residential use or 68,262 sq. ft. for a community facility, which will likely be the ultimate use of the property." No word yet on who bought the space.

News of a possible community facility is a relief for those among us thinking this sale could signal "an opening for the overall Meatpacking effect that is rippling up and down this main artery to reach deep into the East Village."

Still, probably not a lot of room here for development with Stuy Town to the north, the ConEd plant to the east and the Pedro Albizu Campos Plaza to the south.