[Photo from December by Steven]
Looks as if the former Chase branch on Second Avenue at St. Mark's Place won't be torn down after all.
Back in February, landlord Icon Realty filed demolition permits for the address, 130 Second Ave.
At the time, there apparently 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.
Now comes word that the Swiss Institute, a non-profit cultural center currently located on Wooster Street, has signed a lease for the space. Here is part of the news release:
Swiss Institute (SI) announced that it will be relocating to a new long-term home in New York City’s East Village, moving into a building at the corner of St. Marks Place and Second Avenue. The organization has selected Selldorf Architects to design the renovation of the 7,500 square foot building, due to open in the Spring of 2017.
Swiss Institute has hired Selldorf Architects to oversee the transformation of its new building. The 7,500 square foot space features four levels – basement, ground, second floor, and roof. The design for the building will create spaces for exhibitions, projects and public programs, a library, a bookstore, and a usable rooftop.
SI’s new home is located within half a mile of several prominent cultural and educational institutions including Anthology Film Archives, Cooper Union, Danspace Project, ICP, La MaMa Experimental Theatre Club, New Museum, New York University, The Poetry Project, and The Public Theater.
“This new building offers tremendous opportunities to expand upon our mission and serve a growing audience, to whom we will continue to offer forward-looking exhibitions and public programs, always free of charge”, said Swiss Institute Director Simon Castets. “We look forward to joining and contributing to the diverse community of cultural organizations and artists that have called the East Village home for many years.”
SI had lost their home in Soho to Jeffrey Deitch, per ARTnews.
As for the Chase branch, which merged with the one two blocks to the north, there were rumors galore about what Icon Realty was going to do to the space. Leasing to an arts organization was not among the predictions. In reporting on this move, ARTnews floated the following:
A rumor going around was that there would be a biergarten up top, which would befit a Swiss art concern, but at this time that tidbit is unconfirmed...
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