Work on the former Corn Exchange Building at 121 East 125th Street is in full swing; the existing shell will be incorporated into the new structure. The development will have have an office component of 22,000 square feet, and 7,000 square feet of retail.
The Corn Exchange renovation and rehabilitation will go beyond simply preserving the old facade, instead constructing a new building that will actually match the derelict structure. An on-site rendering shows a rehabilitation that looks legitimately pre-war, and the development will be a major improvement for a section of 125th Street that remains forlorn.
Signage indicates the historic revival is expected to be completed in 2014.
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