By Maria Rocha-Buschel
The Economic Development Corporation released a request for proposals last month to redevelop the space on East 14th Street currently occupied by the P.C. Richard & Son Union Square location, to create a hub for up-and-coming technology companies.
EDC President Maria Torres-Springer said that the space was chosen so that the city could capitalize on the “academic and transit advantages” that are available in Union Square and the goal is to support the development of 21st century workforce skills that can be honed at new tech companies.
Although the computer and appliance store has occupied the spot on East 14th Street since 1996, the site is actually owned by the city. The Union Square Development Corporation leased the building from the city and then subleased the space to P.C. Richard, and the agreement is up at the end of next February around the same time that proposals are due.