Seth Pinsky, head of the EDC and Mart 125
The city’s Economic Development Corporation issued a request for proposal today for a developer to construct a new building for the National Jazz Museum and ImageNation Sol Cinema in Harlem, Crain’s reported. The city-owned 10,000-square-foot abandoned site was the former home of Mart 125, at 260 West 125th St, between Adam Clayton Powell Jr. and Frederick Douglass boulevards, across from the Apollo Theater. Two years ago, the city issued a request to jumpstart the redevelopment of Mart 125. Last year, as a result of submissions to that first request, the city selected the two cultural institutions to occupy the redeveloped site. Also in Harlem, the city recently said it would give $19.8 million to Build A Hotel On 125th Street and Lenox Avenue, and construction began on the East Harlem Media, Entertainment and Cultural Center on three vacant lots between 125th and 127th Street, from Second to Third Avenues, slated for completion in 2016. [Crain’s]