East 14th Street Target slated to open in 2018

Rendering of Target slated for East 14th Street at Avenue A

Rendering of Target slated for East 14th Street at Avenue A

By Maria Rocha-Buschel

Target representatives confirmed this week that a store will be opening in the retail space at the Extell Development on the corner of Avenue A at 500 East 14th Street. The “flexible format” store, which is expected to open in summer 2018, will reportedly be “tailored to meet the needs” of city dwellers by offering home items for decorating small living spaces, as well as grab-and-go food selections.

The store will also offer men’s and women’s apparel and accessories, health, personal care and beauty products and portable technology products.

In a press release on Wednesday, the company said the flexible store design allows Target to open locations in smaller retail spaces and the company is focusing on growth in the urban market, with 23 flexible-format stores currently open throughout the country and more planned for this and next year, including in Forest Hills, Queens and downtown Brooklyn.

“We want to make it easier for guests in New York to shop at Target, so we’re focused on flexible-format store growth in Manhattan,” said Mark Schindele, senior vice president for Properties at Target. “We’re thrilled to be partnering with Extell Development for this terrific location just below Stuyvesant Town, and we can’t wait to be part of the East Village neighborhood.”

The new store on East 14th Street will include 27,000 square feet on two levels, with 9,500 square feet at street level and 17,700 feet on the lower level.

 

Extell sues neighbor for construction delays on E. 14th

By Sabina Mollot

Extell Development, which is building a new residential and retail development across from Stuyvesant Town on East 14th Street, has taken the owner of a neighboring property to court. The complaint, which was filed on Thursday, September 24, alleges that a limited liability company known as NAR Apartments is delaying Extell’s progress by refusing to allow access to NAR’s property on East 13th Street for needed prep work.

According to the suit, three limited liability companies affiliated with Extell Development hold the lease to 512 and 516 East 14th Street, as well as the remaining parcels from 500-530 East 14th Street, and have already been authorized to develop the property into two seven-story buildings.

But the work has been held up due to refusal of NAR, which owns a five-story building at 517 East 13th Street, according to Extell.

Extell, the suit said, has been trying to gain access to its neighbor’s property for the past 10 months in order to complete work that includes installing, maintaining (and later removing) protection at NAR’s property such as fencing to the courtyard as well as NAR’s roof, building a sidewalk bridge, installing netting in front of windows and work to protect chimneys, flues, exhausts and vents, as well as any other work that may be required.

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