Thursday, February 25, 2016
Icon Realty files permits to demolish the former Chase branch on 2nd Avenue and St. Mark's Place
[Photo from December by Steven]
Last time we checked in on the former Chase branch on Second Avenue at St. Mark's Place, someone seemed pleased that the bank had merged with the location two blocks to the north...
[Photo from January by Steven]
Anyway, good riddance is accurate — to the whole two-story building. As Bedford + Bowery first noted yesterday, owner Icon Realty filed demolition permits for the address, 130 Second Ave., this past Friday.
Apparently there weren't any takers for the space, which had been on the market since last summer with an asking price of $72,000 a month, per the listing. The address was being marketed for use as retail, a restaurants/bar, office space or a gym. (The listing remains on the Icon website.)
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 the gas-challenged 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, the Observer noted.
EVG regular commenter nygrump is among those who speculate that both 130 and 128 Second Ave. could potentially yield to some kind of large development. Here's nygrump on our last post on this address: "If Icon owns the corner lot and also the building next door where The Stage is, then they are probably strategizing to maximize the entire lot, take both buildings down and put up a tower. If zoning doesn't now allow, don't worry, it will. They'll do to 2nd Ave what they did to 3rd."
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