Look back at opening day for Harlem Costco

January 18, 2010 08:44AM

East Harlem’s new Costco superstore opened in November after more than 10 years of negotiations with the city. David Blumenfeld, one of the developers of the new East River Plaza on 116th Street, said he believes the densely populated area could make this store ”the number one Costco in the country, easily.” Rents at the new big-box retail space range from about $40 per foot to $150 per square foot, according to Peter Ripka, a partner with Ripco Real Estate and a broker for the East River Plaza. In the segment above, Bradley Gallo on Vimeo chronicles the environment on the store’s opening day.

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