Plenty of Interest in the Coignet Building

It looks like Whole Foods will not buy the historic Coignet stone building on the corner of 3rd Avenue and 3rd Street after all. The New York Daily News reports that a number of national retailers, local stores and nonprofits are eyeing the property, which hit the market this January. The 140-year-old year old landmark is asking $3 million. Whole Foods is still under agreement to restore the exterior of the rundown building and plans to finish the window and façade repairs after the store has opened, hopefully this fall. They have finished work on the roof. For good measure, the Daily News gets a comment from an upset resident who does not think retail space is appropriate “at the foot of a toxic waterway.” Whole Foods has agreed to build the store 8 feet above the 100-year flood plain.
Historic Coignet Building Attracting Interest From Retailers [NY Daily News]
3rd Avenue’s Coignet Stone Company Building up for Sale [Brownstoner]
Photo via PMFA