Showing posts with label development watch. Show all posts
Showing posts with label development watch. Show all posts

Wednesday, March 23, 2022

What's the deal? Lot Stop slated for former Duane Reade space on 1st Avenue

There has been ramped-up speculation about the future of the NW corner of 14th Street and First Avenue ever since Papaya Dog closed last fall

The corner looks ripe for development with the block-long stretch of (mostly) one-level structures. 

Perhaps someday we'll see some kind of condoplex or mixed-use new building. But in the near future, the former Duane Reade space just north of 14th Street will be home to a discount store called Lot Stop with the slogan "A Real Deal!" (Thanks to Sonya for the pic!

There are nearly a dozen Lot Stops in the tri-state area. Here's more about their biz, via the chainlet's website:
Lot Stop is a family-operated business founded in 2011. We pride ourselves on offering name brands at the lowest price possible. Our close-out buying team sources deals nationally every week enabling us to provide incredible bargains. 
As the world was transitioning to online shopping, we did not want our neighborhoods to lose the convenience and feeling of connection that comes with a "brick-and-mortar" shopping experience. We study trends, popular name brand items, and necessities to provide the same merchandise as superstores and online giants, at better prices. We take pride in carefully choosing our locations to create an asset to the community through stellar employees and developing lasting relationships with the many who shop here. 
The Duane Reade closed here in November 2019

Lot Stop is the second discount shop to open in the EV this spring... joining USA Super Stores in the former Duane Reade on Third Avenue and 10th Street.

Monday, February 7, 2022

For rent signs for the empty storefronts on the SW corner of 14th and 3rd

After nearly 10 years on the SW corner of 14th Street and Third Avenue, 5 Napkin Burger closed in mid-January ... joining sister restaurant Tamam Falafel, which shuttered at the end of 2021

You can't help but speculate about the future of this high-profile corner with single-story structures — seemingly ripe for development. (As mentioned before: Not sure what kind of air rights there might be with the newer 21-floor 110 Third Ave. on one side and NYU's 17-floor Palladium Hall on the other.)

Anyway, for now, there are low-key for-rent signs on both retail spaces...
And yes — BRING BACK DISCO DONUT.

Friday, January 8, 2021

A 21-story office building planned for the former B Bar & Grill on the Bowery

Permits were filed yesterday for a 21-floor mixed-use development — a 283-foot-tall office building — at the site of the former B Bar & Grill on the Bowery.

According to the proposed plan, the well-employed architect Morris Adjmi's building will encompass 98,799 square feet, with 26,000 square feet set aside for use as an unspecified community facility. 

Permits show office amenities that include several roof terraces and a "passive recreation" area. There's also a mention of a bicycle rental or repair shop on the ground floor. 

As we first reported on Dec. 8, permits were filed to demolish the one-level structure that housed the B Bar & Grill on the Bowery at Fourth Street from 1994 through the start of the COVID-19 PAUSE last March. 

CB Developers paid $59.5 million for a stake in 358 Bowery, previously a gas station before its conversion into the onetime hotspot. B Bar owner Eric Goode, who owns a handful of hotels, including the Bowery Hotel across the way, has been assembling air rights to build a larger development on this corner space. 

As for the B Bar, it was expected to close for good this past August. However, the bar-restaurant never reopened after the PAUSE. As we reported back on April 3, nearly 70 B Bar employees were laid off without any extension of benefits or offer of severance pay.