Monday, April 27, 2015

Pricing upon Request

A listing from CPEX.  Retail space immediately available "on a highly desirable retail corridor."

Bank of America, Capital One, Chase Bank, Harbor Fitness, The Fifth Estate, Commonwealth, Sidecar, Kumon, Foot Locker, Dunkin Donuts, Rite Aid, T-Mobile, GameStop, and Radio Shack

Here's the rendering in the CPEX listing.  I'm not quite sure what the Essentials in the nominal Retail Store might be, but the image of the place is hardly encouraging.

The new building at 540 Fifth was built under a permit for "2nd to 4th floor vertical enlargement on an existing one story commercial building." The fact that the existing one story building was demolished & the site was excavated for completely new construction, was of little concern to the DOB, who ruled the work to be "substantially per plan."

CPEX has also listed lower-level retail space available at 416 Fifth (7th/8th) which many will recognize as the address of the 5th Avenue Bingo Hall.   The neighbors list for this space - an "unmatched floor plate" - is, like the one for the 540 listing, composed almost entirely of chain stores and banks.  Instead of our stalwart diners, record & hardware stores, local food market, old-school bar - name your own favorite  - the big retail draws are:

Citibank, City MD, Clear Choice, Subway, Chase Bank, New York Sports Club, CVS, US Post Office, YMCA, Dunkin Donuts, HSBC, Rite Aid, T-Mobile, Sprint, Verizon.  

Couldn't they at least have thrown in Tip Top Gift?

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