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FINALLY, SOME NEWS ON THE BURNT-OUT CITIBANK ON 111TH STREET

September 20, 2016 | 7:47 PM
in NEWS, REAL ESTATE
10

citibank8

The Citibank on the corner of 111th Street and Broadway smoldered for days after a fire in 2014 and then sat empty for years. It became such an eyesore that neighbors began writing messages on the scaffolding — this week, the message was “When?”

fire 111th3.jpgWell, Assemblyman Daniel O’Donnell has an update and it should give neighbors some hope. He says the building will be restored and that Citibank will be reopening inside “thus ensuring that the landscape of our neighborhood remains unchanged.” He sent out the following timeline.

Phase I: Shell restoration – October 2016 through December 2016
* Demolition
* Building scaffolding
* Restoration of façade
Phase II: Core construction – December 2016 through July 2017
* Restoration of roof top
* Infrastructure construction, i.e. stairs, elevator and MEP installation:
Phase III: Branch construction – July 2017 through December 2017
* Build out of new branch

Top photo by Joseph Epstein. Fire photo by Kate Groob.

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dannyboy
dannyboy
9 years ago

“thus ensuring that the landscape of our neighborhood remains unchanged.”

that’s vistas, rivers, trees, fresh air

or branch bank landscape?

0
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HJSZ
HJSZ
9 years ago

2 years for the exact same bank…really a bank? All my dreams dashed!

0
Reply
Z
Z
9 years ago

Plus when will they replace ollies on 116th/broadway! We need a new place to Goto!

0
Reply
Lrahip
Lrahip
9 years ago

Better then a 32 story tower in the same spot

0
Reply
dannyboy
dannyboy
9 years ago
Reply to  Lrahip

This is the second “It could be worse” comment i read on WSR today.

What would it take to expect a better future for the neighborhood?

0
Reply
akword
akword
9 years ago

Cibibank’s hope was to sell the site for construction of a high-end, shadow-making, crowd-making, rent-hiking high rise on that corner. This is relatively great news.

0
Reply
dannyboy
dannyboy
9 years ago
Reply to  akword

“This is the third “It could be worse” comment i read on WSR today.

Why are my neighbors resigned to decline, as if it is inevitable?

What would it take to expect a better future for the neighborhood?

0
Reply
Uws
Uws
9 years ago
Reply to  dannyboy

So true…. Let’s get those bulldozers warmed up so we can turn the Upper West back into cow pasture. I miss the old neighborhood. It was friendly and just like me and my neighbors liked it. Hasn’t been the same since the cows were forced out by those evil corporations and yuppies.

0
Reply
dannyboy
dannyboy
9 years ago
Reply to  Uws

go for it!

It’s not what i’d like to see, but i do respect your right to have ideas.

0
Reply
Ira
Ira
9 years ago

Over 2 years to decide to stay and rebuild? Makes you wonder. They must have been trying to sell it. Nothing else makes sense. Very stupid comment from O’Donnell. Lowered my impression of him.

0
Reply

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