Tag Archives: Waldbaums

Stop & Shop to buy out Pathmark, Waldbaum’s supermarkets in Queens

| rpozarycki@queenscourier.com

THE COURIER/File photo

Updated, July 21, 2 p.m.

Stop & Shop is looking to grab six Queens supermarkets off the clearance rack.

The company announced Monday it is acquiring local Pathmark and Waldbaum’s supermarkets from the struggling Great Atlantic and Pacific Tea Company (A&P), which filed for bankruptcy. In all, Stop & Shop is purchasing 25 Pathmark, Waldbaum’s and A&P locations in the tri-state area from the grocery giant for $146 million. The deal is subject to court approval, but is expected to be finalized before the end of this calendar year.

On Sunday, A&P announced it was filing for federal Chapter 11 bankruptcy protection, its second such filing in five years, according to The Wall Street Journal. A&P reportedly racked up $2.3 billion in debts versus $1.6 billion in assets, according to its bankruptcy filing. Reportedly, the company lost $300 million between February 2014 and February 2015.

A Stop & Shop spokesperson said the acquired locations will remain open and become integrated into the national supermarket chain, and all of its employees would be retained.

“Stop & Shop is always looking for convenient locations to better serve our customers,” said Don Sussman, president of the company’s New York Metro Division. “We are very happy to have the opportunity to expand our presence in greater New York and serve new customers.”

Stop & Shop currently has five locations in Queens, including on Myrtle Avenue in Glendale; on Union Turnpike on the Glendale/Forest Hills border; on Northern Boulevard in Little Neck; and on 48th Street in Long Island City.

The chain will more than double its presence in the “World’s Borough” with the addition of three Waldbaum’s stores on 26th Avenue in Bayside, Beach Channel Drive in Belle Harbor and Cross Bay Boulevard in Howard Beach, as well as three Pathmark locations on Farrington Street in Flushing, Atlantic Avenue in Ozone Park and Springfield Boulevard in Springfield Gardens.

The 19 other Waldbaum’s and Pathmark locations that Stop & Shop purchased are in Nassau, Suffolk and Westchester counties, Staten Island, Brooklyn, the Bronx and New Jersey.

The 25 stores Stop & Shop acquired represent about 10 percent of A&P’s 296 stores nationwide. As part of the bankruptcy filing, A&P put up 120 supermarkets for sale at a combined $600 million, which will be tested at an upcoming auction. The company is closing 25 other locations immediately; none of those stores are in Queens.

Stop & Shop has 395 stores from New Jersey to Massachusetts employing over 59,000 workers.


Donate blood and get free Mets tickets

By Queens Courier Staff | editorial@queenscourier.com

File photo

It’s time to step up to the plate for the New York Blood Center.

Assemblyman Edward C. Braunstein is once again sponsoring a Bayside Community Blood Drive in conjunction with the New York Blood Center on Thursday, Aug. 13.

The drive will take place from 2:30 to 8:30 p.m. at the Bay Terrace Shopping Center at 212th Street and 26th Avenue.

Each donor will receive by mail a pair of tickets to a 2015 Mets game courtesy of the center. The first 60 donors will also receive a voucher for a free pint of soup from Ben’s Kosher Deli as part of its Pint for a Pint program. Additionally, all donors will get free pastries courtesy of Panera Bread and complimentary beverages provided by Waldbaums.

“Each donation helps to save up to three lives,” Braunstein said. “Our hospitals are in need of your assistance, so I hope you will take the time to share this lifesaving gift.”

Eligibility criteria:

  • Bring ID with photo or signature
  • Minimum weight 110 pounds
  • Age 16 to 75 (16-year-olds need parental permission and ages 76 and over need a doctor’s note)
  • Eat well (low fat) and drink plenty of fluids before donating
  • No new tattoos in the last 12 months
  • For medical questions concerning blood donations call 800-688-0900
  • Walk-ins are welcome

For more information on this drive, please call Braunstein’s office at 718-357-3588.


Howard Beach Waldbaum’s sells winning Cash 4 Life ticket

By Queens Courier Staff | editorial@queenscourier.com

Photo by Graziella 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.



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.




Duane Reade to stay for 15 more years in Flushing

By Queens Courier Staff | 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.