J&R Music to redevelop Manhattan store site
New York – The owners of New York City’s famed J&R Music and Computer World, an independent music and electronics store in Lower Manhattan since 1971, have closed the store to redevelop its site.
“J&R will close its doors so we can rebuild this location into what we hope will be an unprecedented retail concept and social mecca,” owners Joe and Rachelle Friedman said in a statement on the company’s website. “The buildings that J&R occupies have to be totally reimagined and developed.”
While the statement promises more details in the future, an accompanying sketch with the caption “2015” shows a modern, six-story, triangular-shaped glass-and-steel building on the corner of 1 Park Row.