Century’s in Bay Ridge Is Going to Be Demolished
The Commercial Observer reported that the Gingi family, who owns the former department store, Century 21 on 86th Street have filed papers to demolish the buildings, between 448 and 460 86th Street.
See Department of Buildings document
So after the permit is approved, 86th Street will be a wreck for awhile. And then there will be new beautiful retail buildings to revive the shopping area.
The article says they are going to build Class A retail development. A plan filed with NYC, but not approved says the building will change from a UG 10 Department Store to UG 6 Retail Store. (See here) This will divide the huge department store into smaller stores.
The owners plan on pre-leasing the property to new retailers and will announce who will take the space in the next five to six months.
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Hugs,
marlene
Topics: Uncategorized | 1 Comment »
March 9th, 2022 at 7:14 am
Makes sense. Those properties are awkward to rent.