In November 2015, the city's Economic Development Corp. (EDC) began accepting proposals to redevelop the city-owned site that P.C. Richard (and Son!) has leased the past 19 years.
And now, a short 13 months later, the de Blasio administration has selected RAL Development Services, a real-estate firm, to develop the site, as Politico first reported.
According to Politico, Civic Hall — "a tech-focused work and event space" — will anchor the space.
In a public notice, EDC described it as "an opportunity to create an iconic commercial development that drives inclusive economic growth through the diversification of the city's economy, the retooling of NYC's traditional anchor industries and/or support for both start-ups and early stage growing companies to scale up while remaining in the city."
As The Real Deal reported, RAL Development Services is "one of the companies behind a controversial residential project in Brooklyn Bridge Park."
Anyway, it's not exactly clear what else is in store for the two-level space ... and if demolition is in the future. NY Yimby reported this about the property: "The 15,450-square-foot site ... can accommodate up to 92,700 square feet of commercial space. An additional 46,350 square feet of space could be built as residential or community facility space."
There aren't any demotion permits on file yet.
As for P.C. Richard and family, its lease expired back in February. Despite media reports to the contrary, this P.C. Richard remains open, having been relegated to mattress sales. And maybe some appliances.