Chase branch on 2nd Avenue at St. Mark's Place has the potential to get 4x larger with new owner

A few weeks back we noted that the Chase branch at 130 Second Ave. was closing for good after Nov. 12. The retail space has been on the market, with an asking price of $72,000 a month, per the listing.

Turns out the whole building was for sale. As the Commercial Observer first reported yesterday, J.P. Morgan Chase sold the 2-level space to Stellar Management for $12 million.

And this corner of Second Avenue at St. Mark's Place looks to be growing one of these days. Per the Observer:

The site allows for redevelopment of the 2,380-square-foot site into a mixed-use retail and residential project of 9,520 square feet.

Stellar Management owns and operates residential and commercial real estate in NYC. Per the Stellar website: "The company focuses on real estate acquisitions, development and property management. Stellar’s portfolio contains over 12,000 apartments in 100 buildings in New York City and Miami."

The company doesn't appear to own any buildings in the East Village (well, until now). Updated: A reader reminded us that Stellar teamed up with Icon Realty to buy 128 Second Ave. next door.

The Chase branch at 130 Second Ave. will consolidate with the location two blocks to the north at No. 156.

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

2 East Village Chase Bank branches are closing for good on Nov. 12

Earlier this summer, we reported that the retail spaces housing both the Chase branch on Avenue A at East Second Street and the location on Second Avenue at St. Mark's Place were for rent.

Now, in letters that Chase customers received yesterday, bank officials announced that both branches will close after the business day on Nov. 12...





According to the letters, the branch at 130 Second Ave. will consolidate with the location two blocks to the north at No. 156 while the Avenue A outlet will merge with the branch at 106 Delancey.

The asking rent on the Second Avenue Chase space is $72,000 a month, per the listing. The rent is available upon request for the Avenue A storefront.

Thanks to Vinny & O for the photos of the letters!

Previously on EV Grieve:
Chase space on 2nd Avenue and St. Mark's Place is for rent

The retail space at 20 Avenue A is on the market

Chase space on 2nd Avenue and St. Mark's Place is for rent

The retail space that is currently home to a Chase branch at 130 Second Ave. is on the market, available starting in January, according to a listing at Icon Realty.

Here are a few details from the listing:

130 2nd ave resides on St. Mark Place [sic] which is defined by a perpetual eclecticism born from an ever-evolving New York City and its mixing of the pop- and counter-culture movements. Dominated by pedestrians and boasting a lively, approachable and socialable sensibility.

-Prime East Village Corner Commercial Space on Second Avenue and St. Marks Place Accepting Offers for: General Retail Use, Restaurants/Bar, Office Space, Gyms/Fitness Centers
-New elevators will be installed and space will be delivered as a white box with a new all glass store front

And the asking rent? "$875,000 Per Annum." (Good for a mere $72,000 a month.)

Perhaps Chase figures they can do without this location… especially since there's another Chase branch two blocks to the north at East 10th Street.

And it appears that Chase is downsizing. There's a for rent sign above the Chase branch on Avenue A and East Second Street, as we noted last month.



This space is also available starting in January, according to the listing.

The retail space at 20 Avenue A is on the market

[Image via LoopNet]

A tipster passed along a retail listing for 20 Avenue A, a space that currently houses Chase.

From the looks of the listing at LoopNet, the bank branch will be vacating the corner space at East Second Street in early 2016.

There isn't a whole lot of information about the property:

Current Tenant: Chase Bank
Possession: January 2016
Approximate Size: Ground 4,400sf corner ( will divide) Lower Level: 4,400sf
Frontage: 133' (56' along Avenue A and 77' along East 2nd Street)
Neighbors: Union Market, Boulton & Watt, NY Sports Club, Double Down Salon, Mercury Lounge, Two Boots Pizza,
Comments: Space can be divided; all uses accepted
Asking Rent: upon request

The 62-unit apartment building here exchanged hands last summer for $26.2 million. Longtime residents at No. 20 have noted that "the nonstop renovation has plagued the building." And there was also that Rogue Halal Cart business.

Man with last name of Gomillion tried to rob East Village bank

The NYPD Daily Blotter in the Post today notes a botched robbery attempt at the Chase branch on Second Avenue and St. Mark's Place. A man named Jerry Gomillion, 63, passed a "demand note" to a teller on May 23.

To the Post.

But when the teller, instead of cooperating, showed the note to a co-worker, Gomillion abruptly turned around and fled, perhaps forgetting about the bank’s video cameras.

He was later arrested.

Noted

At the Chase branch this afternoon on the Bowery at East First Street...

THIS is why we need a second Chase branch on Second Avenue and 10th Street

In case the one on the southeast corner isn't open, like yesterday... when Chase patrons were forced to trudge all the way down to the Chase branch on Second Avenue and St. Mark's Place for a transaction. Two whole blocks! Do you know how hard it is to find a place to park around here now with those bike lanes?

Previously.

Reader report: Attempted ATM holdup on Avenue A doesn't go so well for would-be thief

A reader notes that there was an attempted robbery last evening (some time around 8:30 p.m. or so) at the Chase branch on Avenue A at Second Street. As the story goes, a woman, the intended victim, "beat the shit out of the guy and he left on a stretcher in handcuffs." There was also a very strong police response.

Anyone else have any information?

Speaking of Chase...

Goggla took this shot at the Chase branch on the Bowery and First Street.

Not sure just yet if he was:

1) going to a Halloween party
2) reporting to work at Chase
3 heading to Peels

Investigating that weird thingamajig on the Second Avenue Chase branch

The last time we looked at the Chase branch on Second Avenue at 10th Street, Rev. Billy & the Church of Life After Shopping had placed some coal mountain mud in the lobby... this afternoon, EV Grieve correspondent Blue Glass notes the presence of something else...



This!



There's only one (or two!) explanations... per Blue Glass: "Is this a DOT/ConEd curse?"

Perhaps!

More on Rev. Billy's arrest

Following up on the item from earlier today....

Some excerpts from Courthouse News (via Gawker):

The self-ordained Rev. Billy Talen was arrested on Easter Sunday after putting a "holy hex" on JPMorgan Chase bank, which he calls the nation's largest financier of coal-mining mountaintop removal. The former New York City mayoral candidate and his green-robed chorus put the hex on two bank branches, saying Morgan Chase has helped destroy more than 450 Appalachian mountains, deforested 800 square miles and polluted more than 1,200 miles of streams.

The police did not arrive until the choir reached a second branch, at Astor Place, where the choir left another "deposit" of West Virginia dirt.

As Talen concluded his sermon, NYPD Officer William Svenstrup ordered him to withdraw his deposit of dirt from the bank floor.

The Rev. Billy refused.

"Then you are coming with me," Svenstrop said, while another officer took out the cuffs, and used them, and the choir chanted, "Free speech! Free press! Free people! Repressed!" Then the choir sang the text of the First Amendment.

Choir member Gaylen Hamilton said in an interview that Talen's wife was two weeks overdue on her pregnancy and had started experiencing contractions that morning. Several other choir members were worried that Talen would miss the birth of his child.

But at the 9th Precinct, an officer said that Talen had been released shortly after his arrest. Arresting Officer William Svenstrup, spotted at the precinct, would not reveal the charges, if any, against the Rev. Billy.

Rev. Billy arrested at Astor Place

Two weeks ago, there were multiple reports of the coal mountain mud left at the Chase branch at 10th Street and Second Avenue ... Rev. Billy & the Church of Life After Shopping, complete with the makings for another coal mountain, were holding protests last evening at the Chase branches at St. Mark's Place and Second Avenue and on Astor Place... according to readers R and M, Rev. Billy was arrested at Astor Place, as their photos show...





So, in the last few days, the 9th Precinct has arrested Rev. Billy and the chef of Pulino's... hmmm....

Previously on EV Grieve:
More on that coal mountain mud pile at Chase

More on that coal mountain mud pile at Chase

More details are coming in regarding that pile that WAS NOT manure (as some folks had been reporting) at the Chase branch on Second Avenue and 10th Street. We're embarrassed that we didn't realize this was the work of Rev. Billy & the Church of Life After Shopping... Per Rev. Billy's site:

On March 21st we built a mountain in the lobby of a Chase branch on 2nd Avenue & 10th Street in Manhattan made from the murdered mud of Coal Mountain in West Virginia. Perched on top we left a letter for the CEO of Chase Jamie Dimon. His bank currently finances 80% of the Mountain-top Removal mining that is killing Appalachia.

Window pain on the Bowery

The Chase branch on Bowery and First Street lost a window the other day. And someone else left behind a little saliva on the window next to it...