A popular Whitestone shopping center has been sold again, but the neighborhood hotspot is likely to remain the same.
“It’s a good location,” Brian Feil, the company’s vice president, told The Courier. “From our point of view, it’s a very good investment.”
The 62,000-square-foot shopping center remains fully leased and anchored by a 40,000-square-foot Waldbaum’s, Feil said.
This means the supermarket chain — owned by the Great Atlantic & Pacific Tea Company, known as A&P — keeps its power to lease out the other 20,000 square feet of shops.
It was unclear whether A&P would make any changes to the current plan. The company did not respond to requests for comment.
Some tenants and residents hope the center remains the same.
Cascarino’s co-owner, Jimmy Coady, said his restaurant was not affected when the shopping site changed hands in 2012.
Onyx purchased the property then from an affiliate of ABA Partners for nearly $18 million, according to The Real Deal.
“I hope this doesn’t mean anything bad for me,” Coady said. “I grew up in the neighborhood. Everybody in the neighborhood shops there. I hope I can stay there.”
Feil, a real estate company based in New York City, also owns the Glen Oaks Shopping Center at 255-01 Union Tpke.
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