Tag Archives: Avison Young

Glendale Hansel ’n Gretel site will become storage and retail building


| lguerre@queenscourier.com

THE COURIER/File photo

The final chapter of the more than 140-year fairy tale run for food processor Hansel ‘n Gretel has come to an end.

Hansel ‘n Gretel Brand Inc. sold its Glendale manufacturing factory at 79-40 Cooper Ave. for $9.18 million after closing its business last year, according to Canada-based broker Avison Young. The company opened in Manhattan in 1872 and moved to Glendale in 1970 to expand operations.

The entire two-acre property, which includes a 50,000-square-foot industrial building, two attached residential buildings, two parking lots and vacant land, was such a sweet deal, it was divided and purchased by two investors.

Cayre Investments purchased most of the site, and plans to transform it into a 80,000-square-foot self-storage and retail building, according to Avison Young.

“Over the last few years, self-storage has been driven by robust demand, advanced management and new technology, and it continues to outperform other real estate sectors,” said Jason Meister, vice president of Avison Young. “Manhattan’s residential market continues to reach new heights, which in turn has driven demand for self-storage in the outer boroughs, and the buyer intends to capitalize on this trend.”

Meister and an Avison Young team of principals Vincent Carrega, Jon Epstein, Neil Helman and Charles Kingsley represented Hansel ‘n Gretel.

The Hansel ‘n Gretel site is located near to The Shops at Atlas Park, a mall with retail, dining and a cinema.

It is also close to Atlas Terminals, a former collection of industrial buildings that was purchased by production company Broadway Stages for nearly $20 million last year.

The company plans to transform the site into TV and film studios and create rental space for local mom and pop retail businesses, as The Courier first reported.

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Glendale deli manufacturer closes down after more than 140 years in business


| ejankiewicz@queenscourier.com

THE COURIER/Photo by Eric Jankiewicz

A deli manufacturing business in Glendale announced that it’s closing for good after more than a century of providing deli meats.

Hansel N’ Gretel, which has been processing food on Cooper Avenue since 1970, ceased operations in June and is putting the site up for sale, according to a statement from the company.

“It was the last deli meat manufacturer in NY. When Mr. Rattner died in 2012 we knew it was only a matter of time before it closed,” Doreen Fleming wrote on Facebook when she heard that it was closing. “At least it didn’t go bankrupt. Sad because a great bunch of good people worked there.”

The owners of Hansel N’ Gretel, the Rattner family, offered no reason for closing and declined to discuss the matter.

A spokeswoman for the  family said that they would begin to auction off the manufacturing equipment in September.

The building sits on more then two acres of land and the area is an industrial zone, according to city records. Real estate agency Avison Young is brokering the sale of the site and they advertise it as  a “multi-purpose” plot.

Hansel N’ Gretel opened in 1872.  The company originally operated in Manhattan’s Meatpacking District and moved to Glendale in 1970 to accommodate the increase in work, according to a press release.


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