Apparently the days are number for Jennifer Convertibles at 111 Third Ave. near East 14th St. There's currently a retail listing for the retail space at the Ripco website.
According to the listing, possession of the furniture/sofa store is in July while the rent is upon request.
Other notes from the listing:
• Proximate location to Union Square – the city’s third largest transportation hub
• 361,000 employees and 151,500 households within one mile of Union Square
• Seven day a week market
• Surrounded by NYU and new luxury residential developments
• All uses considered