[EVG file photo]
As you may know, the city has plans to redevelop the city-owned site that P.C. Richard (and Son!) has leased the past 19 years at 124 E. 14th St. at Irving Place.
As Crain's first reported last month, the city's Economic Development Corp. (EDC) is now accepting proposals to encourage developers "to pitch projects that include new office space for booming industries in the neighborhood, such as technology and creative businesses."
Tomorrow night at 6:30, CB3's Economic Development Committee will hear an RFP overview ... the city's EDC reps are also looking for local input on the project.
The meeting is at the Village View Community Room, 175 E. Fourth St. between Avenue A and First Avenue.
The P.C. Richard and Son discussion follows a presentation about Manhattan Borough President Gale Brewer's Small Business Jobs Survival Act.
The P.C. Richard is set to close when the lease is up in February. The electronics store recently announced plans to open its first location in Harlem.
Previously on EV Grieve:
Last holiday for P.C. Richard on East 14th Street
I'll be there with bells on, ready to pitch my proposal to completely level the area to make room for one of my world-class cement oases, complete with Millennial-friendly pedestrian seating. And, if you give me what I want, you might get your Astor Place cube back! Play nice with the Christ!
ReplyDeleteThe EDC pandering to a bunch of privileged developers to house some dime a dozen "creative" marketing and pr companies? Yeah, that sounds about right.
ReplyDeleteAnother locally owned business disappears, where all we have left are Home Depot and Lowe's...for techie businesses that will come and go as soon as their venture capital funding disappears.
ReplyDeleteThat block has sucked ever since the Palladium was demolished.
ReplyDeleteBros-R-Us Superstore!!
ReplyDeleteGee how 'bout an arts building?
ReplyDeleteJust what we need...another building for manboy techies dressed in American Apparel hoodies and tees and Levi skinny jeans, to write code in between their fooseball tourneys on the dime of some "investor".
How about a post office that you don't have to wait a minute of 45 minutes each time You go in .
ReplyDeleteSeriously, there is a huge mismatch between the economics of a start-up and the cost to build brand-new space in an expensive location. This just doesn't make sense.
ReplyDeleteDon't subsidize the most expensive possible form of real estate -- sell it off for market rate whatever and use the proceeds to subsidize a lot more space in a cheaper location, if that's what the City wants to do.
How about low income housing it would be great for the kids in the NYU dorm to see what how most American lives. We don't need another H&M, Starbucks, Chipotle, CVS, or more shopping in general. I wish the city would take advantage of the wealth of talented people working in the arts and give them a place to live. NYC is about to lose a giant pool of creative people and the arts which the wealthy seem to love will need to be imported going forward.
ReplyDeleteStart ups and tech businesses in general prefer old open space lofts.
ReplyDeleteI have little faith that anything good will come out of this. Nothing ever does anymore that has ANYTHING to do with "development" and developers.
ReplyDeleteAnd EV, Gale Brewer has NOTHING to do with the Small Business Jobs Survival Act. She is a hack who's been actively opposing it and pushing a POS landlord-friendly alternative bill. The SBJSA now has 27 sponsors in the City Council and still hack progressive Speaker Mark-Viverito, like Quinn before her, will not allow the bill to come to a floor vote. de Blasio is no better. He could make that vote happen in a snap if he wanted it. However, the bill is wildly opposed by the real estate lobby. As we should all understand by now, the real estate lobby has capture our state and city gov't.
commercial rent protection has been on the table since the small business task force in the 1980s.
ReplyDeletethe state said the city had to pass something and the city said the state had to enable them.
it is now almost 2016 and the real estate interests have grow astronomically - they have won, they have the money and therefore the power.
if your favorite store does not own their building they will probably be out of business soon - and even if they own their building, that is no guarantee
it is too sad.
nyc is an empty, heartless, rich, hard shell of itself.
How about a hospital serving lower Manhattan? Nah, I'm sure it will end up being another Duane Reade with luxury condos on top.
ReplyDeleteWhat I want to know is: What the hell is "millennial-friendly" seating?
Why not just turn this property over to AirBnB from the start, cuz you know that's who's gonna be staying in most of it anyway. BdeB's housing plan is getting pummeled, and only the locals are paying for it.
ReplyDeleteKen from Ken's Kitchen, you are spot on. Brewer is NOT pushing the SBJSA that would give rights to Mom & Pop. She is actually pushing a proposal created by the real estate lobby in 1986 that was to stop the SBJSA when it was originally introduced in 1985. (ironically Brewer was the Chief of Staff of the Council Member who introduced the bill then) This proposal as Ken from Ken's Kitchen pointed out is a LANDLORD'S BILL. It offers mediation only, and then a one year extension to move at a 15% rent cap. This is laughable, because any biz that gets rent hiked out, the likelihood of them finding a new affordable space in that same neighborhood are slim and none. This proposal will not stop a single closing and it keeps all the power in the hand of the landlords which is who Brewer sold her soul to. Again, as Ken from Ken's Kitchen points out, de Blasio and MMV are just a continuation of the Bloomberg/Quinn era, except they are actually worse in the sense that both de Blasio and MMV sponsored the SBJSA as Council Members but now as Mayor/Speaker they won't even comment on it. Just like in Albany, the real estate lobby's grip on lawmakers is the problem.
ReplyDeleteI am gutted to hear this. I've been a loyal patron of this location for years. This sucks :(
ReplyDeleteTad's Steaks?
ReplyDelete