Tag Archives: Waldbaums

Howard Beach Waldbaum’s sells winning Cash 4 Life ticket


| editorial@queenscourier.com

Photo by Graziella Licata

SALVATORE LICATA

Updated Wednesday, July 18, 11:22 a.m.

A winning Cash 4 Life ticket was sold at a Waldbaum’s in Howard Beach for the July 14 drawing, according to the New York Lottery website.

The lucky winner has come forward, but will be identified at a press conference at a later date, a lottery spokeswoman said.

The ticket is worth at least $7 million or $1,000 a day for life. Cash 4 Life game is the lottery’s newest game and recently started with its first drawing on June 13.

Another winning Cash 4 Life ticket was also recently sold in Queens, at a Bayside 7-Eleven last month.

 

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Whitestone shopping center sold for $24M


| mchan@queenscourier.com

THE COURIER/Photo by Liam La Guerre

A popular Whitestone shopping center has been sold again, but the neighborhood hotspot is likely to remain the same.

Feil Whitestone LLC, an entity under The Feil Organization, bought the property at 153-01 10th Ave. from Onyx Equities and Crow Holdings for nearly $24 million, officials announced Monday.

“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.

The diverse mix of local tenants currently includes an Astoria Federal Bank, Emperor House Chinese Restaurant and Cascarino’s pizzeria.

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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Duane Reade to stay for 15 more years in Flushing


| editorial@queenscourier.com


Kalmon Dolgin Affiliates, Inc. (KDA) has arranged for the renewal of a 14,000 square-foot, long-term lease for New York-based drugstore chain Duane Reade at 198-15 Horace Harding Expressway at the Cross Path Shopping Center in Flushing, Kalmon and Neil Dolgin, co-presidents of KDA announced.

“The Kalmon Dolgin Affiliates team worked closely with the owner to negotiate the best possible terms for the lease renewal of Duane Reade at the property,” said Neil Dolgin. “The prime location of the Cross Path Shopping Center offers tenants excellent visibility, and the close proximity of Francis Lewis Boulevard and I-495 provides customers convenient access to all that the center has to offer.”

Neil and Grant Dolgin of Kalmon Dolgin Affiliates represented the owner in the deal, while Winick Realty Group, LLC negotiated on behalf of the tenant.

In addition to Duane Reade, the 44,877-square-foot, one-story Cross Path Shopping Center features tenants such as Waldbaums grocery store, N&S Wines, a nail salon, pet groomer, T-Mobile and the Blue Bay Diner.

 

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