Permits have been filed for a new 22-story commercial building at 124 East 14th Street, in Manhattan’s East Village. The site is the former retail space of the P.C. Richard & Son appliance shop, which closed their two-story, 20,000-square-foot location last winter. Since 2015, the city’s Economic Development Corp. has been soliciting proposals to redevelop the prime city-owned site, particularly those that include new office space for up and coming business tenants in creative and tech industries in the neighborhood.
Just east of Union Square, at the corner of 14th Street and Irving Place, the interior lot is located one block from major subway hub Union Square Station, serviced by the 4, 5, 6, L, N, Q, R, and W Trains. Rory Melvin of the New York City Economic Development Corp. is listed as the site’s owner.
The 286-foot tall building will yield 237,838 square feet, with 209,246 square feet dedicated to commercial space and 100,014 square feet to residential use. It is unclear how many housing units will be constructed in this new concrete structure. Christopher Grabe of Davis Brody Bond Architects and Planners will be responsible for the design.
No demolition permits have been filed, nor has an estimated completion date been announced.