U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-27-2017, 04:20 PM
 
18,269 posts, read 11,663,507 times
Reputation: 11881

Advertisements

Sometimes you eat the bear, and sometimes the bear eats you!


https://commercialobserver.com/2017/...town-brooklyn/
Reply With Quote Quick reply to this message

 
Old 06-28-2017, 04:34 PM
 
8,218 posts, read 8,501,765 times
Reputation: 10184
DAMMIT!

This is a real problem.

(Thanks.)
Reply With Quote Quick reply to this message
 
Old 06-29-2017, 02:35 AM
 
Location: Washington, DC & New York
10,752 posts, read 25,531,740 times
Reputation: 6676
I am not surprised, since the Catsimatidis' grocery businesses have had losses for a while, such that their real estate holdings is the primary business of the company now. Perhaps the space is more valuable to rent to another tenant than to run their own grocery store in the space.
__________________
All the world's a stage, and all the men and women merely players: they have their exits and their entrances; and one man in his time plays many parts, his acts being seven ages.
~William Shakespeare
(As You Like It Act II, Scene VII)

City-Data Terms of Service
City-Data FAQs
Reply With Quote Quick reply to this message
 
Old 06-29-2017, 10:16 AM
 
Location: In the heights
20,127 posts, read 21,737,714 times
Reputation: 10216
Quote:
Originally Posted by bmwguydc View Post
I am not surprised, since the Catsimatidis' grocery businesses have had losses for a while, such that their real estate holdings is the primary business of the company now. Perhaps the space is more valuable to rent to another tenant than to run their own grocery store in the space.
It'll be tough since that stretch of Myrtle has a pretty massive amount of retail space that have opened up or about to open up. I'm curious as to what will take its place.
Reply With Quote Quick reply to this message
 
Old 06-29-2017, 03:29 PM
 
18,269 posts, read 11,663,507 times
Reputation: 11881
Quote:
Originally Posted by bmwguydc View Post
I am not surprised, since the Catsimatidis' grocery businesses have had losses for a while, such that their real estate holdings is the primary business of the company now. Perhaps the space is more valuable to rent to another tenant than to run their own grocery store in the space.

Ever since JC purchased (ok bailed out...) DAG he has been on an "reorganizing" binge so to speak. Closing some stores and opening up others.


JC closed that Gristedes on Third Avenue in the 30's, but opened up a something else (DAG or Gristedes, cannot recall) just across the street and a few doors up in a former DAG space.
Reply With Quote Quick reply to this message
 
Old 06-29-2017, 04:30 PM
 
1,007 posts, read 580,563 times
Reputation: 861
They're business model is done. Gristedes and Dag were like hood grocery stores for people who didn't live in the hood. Now manhattanites only want Whole Foods and Trader Joe's. Western Beef and C-Town have got a lock on the hood grocery market, who shops at gristedes anymore?
Reply With Quote Quick reply to this message
 
Old 06-29-2017, 05:05 PM
 
18,269 posts, read 11,663,507 times
Reputation: 11881
For both Gristedes and DAG surviving remaining stores are open largely because there are few other options locally.


Case in point on the UES there is a DAG on East 80th and York that is the only supermarket in that area. Closest next would be an Associated on 81st and First. Eddie's Market on 80th and First is closed (block is slated for redevelopment) is gone now as well. The other supermarkets are either the Morton Williams at 79th and First. There is Agatha Valentina but that is a whole other story.


On Lexington avenue the DAG store across from Lenox Hill hospital is the only supermarket period. Unless you go over to Third for Gristedes or Citraella.


Gristedes at Third near 77th, and on Lexington near 89th again are the only supermarkets in that area. Ditto for their store on Second avenue near 76th. That Gristedes in Normandy Court on 96th again is the only thing really close up there.


And so it goes.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top