Business & Tech
CVS To Move Into Former Upper East Side Grocery Store Space: Report
The pharmacy has signed to occupy space on the corner of East 86th Street and Second Avenue that was once home to Food Emporium.
UPPER EAST SIDE, NY — The Upper East Side will be getting another CVS pharmacy, as the retailer reportedly signed a lease to occupy space formerly home to a grocery store on the corner of East 86th Street and Second Avenue.
CVS plans to open a 15,649-square-foot location on the ground floor of the Yorkshire Towers building by the first quarter of 201, a CVS spokeswoman told Patch. The retail space was most recently home to a Food Emporium
The pharmacy company finalized a 15-year lease to rent the space, Commercial Observer first reported. One of the landlord's representatives told Commercial Observer that CVS was eager to rent the space due to its proximity to the Second Avenue Subway.
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“It was all about the subway station being located at the entrance,” RKF's Barry Fishbach told Commercial Observer. “It’s a great corner—86th Street and Second Avenue—it’s an entire block front and has great exposure along Second Avenue and 86th Street. And with the subway open it’s a great traffic generator for them.”
Photo by Google Maps street view
Find out what's happening in Upper East Sidefor free with the latest updates from Patch.
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