Monday, September 30, 2013
Rite Aid on E. 14th St. closes at the end of October
Employees at the Rite Aid on East 14th Street between Avenue A and Avenue B received word last week that the store will close at the end of October. A manager confirmed the closure.
This is the latest business to exit ahead of some new, unspecified development via Extell ... Rite Aid joins Rainbow ... The Blarney Cove... Bargain Express ... Petland ... and the ABC Animal Hospital as former block mates. (The laundromat moved toward Avenue B. ABC Animal Hospital is now at 200 Avenue A.)
As we first reported last December, eight parcels consisting of 222 Avenue A and 504 - 530 E. 14th St. (excluding No. 520) were leased for a 99-year period by the respective owner of East Village 14 LLC. As The Real Deal reported, city property records show that Gary Barnett of Extell Development signed a 99-year lease worth $35.14 million to rent eight Sol Goldman-owned properties.
Workers had been test drilling ahead of the construction in recent weeks... we saw workers pack up the Davey drill last Thursday...
To date, reps for the developer have yet to file any demolition permits or building plans.
Previously on EV Grieve:
East 14th Street exodus continues
The disappearing storefronts of East 14th Street
[Updated with correction] 8-lot parcel of East 14th Street primed for new development
Bargain Express has closed on East 14th Street
East 14th Street corridor now nearly business-free ahead of new development