What's next for the closed Market Line on the Lower East Side?

  • 📰 amNewYork
  • ⏱ Reading Time:
  • 63 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 59%

Lower East Side Noticias

Market Line

Members of Manhattan's Community Board 3 discussed possibilities for future use of the closed Market Line on the Lower East Side.

The old entrance to The Market Line at Essex Crossing, on Norfolk Street off Delancey Street, on the Lower East Side.. The privately owned commercial food hub, located below Essex Crossing at 115 Delancey St., has been shuttered since April.

“That space at this moment is empty, and so in the spirit of this Community Board’s interest in Essex Crossing, we asked for the Business Improvement District One of those uses has been to return the Market Line to the EDC for $15 million so that the organization can “seamlessly” operate it with the nearby Essex Market.

“This past spring, NYCEDC was notified by Delancey Street Associates that they were unable to make the Market Line commercially viable due to the economic climate during and following the COVID-19 pandemic,” the spokesperson said. “The Market Line space, which is beneath the EDC-operated Essex Market, is privately owned and operated, and EDC has no plans to take it over. EDC will continue to support the Developer’s efforts to reposition the Market Line space.

While most community members at the meeting seemed supportive or at least indifferent about the proposal, one attendee raised the possibility of giving the city “too much control” overBased on its resolution, community board officials said that it is unlikely the city will yield too much power over the site, but adding a line that states the board wants to be involved in the selection process moving forward is also “not a big deal.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 336. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: S&P 500 closes lower as rising Middle East tensions weighStock market today: S&P 500 closes lower as rising Middle East tensions weigh
Fuente: Investingcom - 🏆 450. / 53 Leer más »