Columbus Circle P.O. Lease Extended For A Year

Residents and businesses near the 27 West 60th Street post office can put off having a cow for now: The post office will stay open for another year. According to the West Side Spirit, the USPS was considering closing the location (perhaps moving it) when the lease was up at the end of the month, because "the landlord was reportedly asking for more than twice the current rent of about $400,000 month." However, both sides came to an agreement for at least a one year reprieve (details are not disclosed as this point). Rep. Jerrold Nadler said, "This is great news for the West Side. I’m very pleased that the Columbus Circle Post Office was able to successfully renegotiate its lease. This means that neighborhood residents won’t have to travel far afield to do their basic postal errands.” Nadler is also working on trying to work with the USPS on the Prince Street post office, where the lease is up in July.

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By Jen Chung in News on April 17, 2009 8:53 AM

Comments [rss]

non_sequitur

That post office is awesome, c'mon seriously. There's never a line there and if it is you're in and out in less than 5. Think about it - can you say that about any other post office in Manhattan?

ed_Extinct

It's medium sized and ugly as sin (aren't they all?) They're delinquint in hanging the American Flag everyday and it's just a misserable place to be.

There's a row of buildings across from the Time Warner building on 60th that are ugly, in poor condition, and in need of massive face lifts inside and out. Asking that much may seem ridiculous, but that area is thriving, it needs a restaurant and that space would be great for one.

Jen Chung

I don't know how big the Columbus Circle PO is, but demanding double the rent in this market might have been too ambitious.

EastRiver

This would mean more if we knew how many square feet they were getting for their $400,000 and how the average per square foot compares to the neighborhood average. Gothamist always posts stories about landlords doubling rents but never puts them in the context of when the lease was originally signed and what market rates have done since.

And the West Side Spirit article that is linked says the lease expires on April 31. Yes, it says 31.