City is in process of reclaiming property after Citarella failed to fully develop site. The City’s Economic Development Corporation issued a request for expressions of interest for the purchase, redevelopment, and rehabilitation of the former Taystee Bakery complex on West 125th and West 126th Street between Amsterdam and Morningside Avenues in West Harlem.
The 134,000 sq.ft. complex includes an occupied through-block building at 461 West 125th Street and five vacant buildings at 426 through 458 West 126th Street. EDC in 2001 selected gourmet grocer Citarella to rehabilitate the buildings. Citarella opened a grocery at the West 125th Street property, but failed to develop the remaining lots. The State Supreme Court in June 2009 awarded title back to EDC. Citarella challenged the decision and remains title holder of the property pending the outcome of the appeal. (read more…)