Youngwoo & Associates is among developers who are in talks to redevelop the post office. In this case, they want to turn the landmark into a market.
“We cannot overlook the decline of letter mail volumes and the growth of online services, particularly for the postage for packages,” a spokesperson for the U.S. Postal Service recently told the New York Times. “Both factors reduce foot traffic at post offices like the Bronx and others all around the country.”
The building, which is located at 558 Grand Concourse, is 175,000-square-feet.
