The inside of floor of a Wegmans grocery retail store.
Image by Aditi Shrikant
Wegmans Foods Markets announced Thursday it will be opening its next site in New York Town and its to start with in Manhattan, as it moves into the previous Kmart spot at Astor Place.
The grocery chain with a cult-like client subsequent stated it signed a 30-yr lease at the roughly 82,000-sq.-foot area at 770 Broadway.
The retail store is predicted to open in the next half of 2023. Wegmans opened its 1st New York Town spot in the Brooklyn Navy Property in Oct 2019.
The offer was brokered by Ripco Actual Estate, whereby Wegmans signed an settlement with Sears and Kmart operator Transformco to acquire out Kmart’s lease at Astor Place. The grocer has entered into the extended-term lease with property large Vornado Realty Believe in.
“Wegmans is just one of a form and will be a finest-in-class addition to Manhattan, each for the local neighborhoods and as a location for residents from across the island,” Vornado CEO and Chairman Steven Roth explained.
The store was the very last Kmart left in Manhattan when it shut its doorways unexpectedly this month.