This afternoon a reader sent in this photo from the former Pathmark site at 227 Cherry Street. Workers are putting up a fence around the parcel, which was purchased by Extell Development last year. It’s widely expected that a very large residential complex, including a ground floor supermarket, will be going up here, but Extell has repeatedly declined to discuss its plans. Buildings Department records simply indicate that a “plywood fence” is to be erected around the lot.
The site of the former Pathmark store at 227 Cherry Street.
Since last fall, there has been widespread speculation that Gary Barnett’s Extell Development Company planned to build a large residential complex on the site of the former Pathmark store at 227 Cherry Street. The store closed late last year, representatives of the supermarket chain saying the property had been sold to an unnamed developer. This afternoon Crain’s is reporting that Barnett is, in fact, in the process of purchasing the site.
According to reporter Daniel Geiger, Extell “is in contract” to purchase the parcel, which is “zoned to accommodate a building of nearly 1 million square feet.” The purchase price is said to be “around $175 million.” There is no sourcing in the story. The sale has not popped up yet in the city finance department’s database.
A broker quoted in the story indicates that interest in Lower East Side real estate is definitely growing due to the development of the 1.65 million square foot Seward Park site along Delancey Street. Barnett is one of the city’s most prolific developers with a reputation for building over-the-top luxury buildings.
As most everyone knows by now, the Cherry Street Pathmark store closed in the waning days of 2012, leaving thousands of residents without a full-service grocery store. Yesterday the Two Bridges Neighborhood Council sent out an email blast updating its efforts to fill the fresh-food gap on the Lower East Side.
On Monday, Two Bridges and its consultant, Urbane Development LLC, met with Sam Martin, the head of Pathmark parent company A&P. The meeting took place at the company’s headquarters in Montvale, New Jersey. According to the email, the A&P team made it clear “they are sensitive to the void the departure of the Cherry Street Pathmark leaves in the Lower East Side/Two Bridges community, both from a food access and community facility perspective.”
Here’s an update on the situation at the Cherry Street Pathmark store, which is scheduled to close in less than five weeks. When we stopped by yesterday, workers said they still believe the last day in business for the supermarket will be December 22nd (a date that is reflected on a hand-written countdown poster in the front window). But anyone who’s tried shopping there recently knows operations are already being dialed down. In the aftermath of Hurricane Sandy, most of the refrigerators remain bare, although a few frozen turkeys were available. There are signs up everywhere advertising deep discounts and warning, ‘all sales are final.” It’s pretty clear the store is not being restocked.
It wasn’t a pretty sight inside the Central Parking garage at 227 Cherry Street in the hours after Hurricane Sandy came ashore. More than 50 cars were swamped by flood waters that rushed across South Street and turned the facility, located below the Pathmark store, into a lake. Today the owners of those cars have still not been allowed inside to inspect the damage.
This morning we spoke with Melissa Nguyen, who has been helping to organize more than two dozen of the owners to get some answers from Central Parking about events that led up to the flood. According to Nguyen, the company ordered the garage locked at 4 p.m. Sunday. Some people, herself included, were at work or unable to remove their cars in the afternoon for other reasons. She said Central Parking was incredibly unsympathetic and inflexible about their predicament. In the aftermath of the storm, car owners have not been granted access to the facility for the purpose of filing insurance claims. The group is now exploring legal options.
The Pathmark Pharmacy at 227 Cherry Street is shuttering at the end of today, in spite of previous indications that it would remain open until the end of the month. Several weeks ago it was announced that the pharmacy and adjacent grocery store would be closing to make way for a large-scale residential development project.
Yesterday, the shelves were pretty bare, as workers prepared to consolidate merchandise in the grocery store building, which itself is scheduled to close at the end of December. The Two Bridges Neighborhood Council owns the pharmacy building. Cherry Street LLC, which owns the grocery store site and held the lease for the pharmacy building, reportedly transferred both leases to a third party, believed to be luxury New York City developer Extell Development.
As we have been reporting, the Pathmark grocery store at 227 Cherry Street is closing at the end of the year to make way for a large-scale residential development project. The company also announced plans to shut down its pharmacy, located in a separate building on Cherry Street. But today we have confirmed rumors swirling for the past month that the pharmacy will close its doors this month, two months before the grocery ends its 30-year commitment to the Lower East Side.
Unlike the grocery store site, the pharmacy building is owned by the Two Bridges Neighborhood Council, the sponsor of several affordable housing developments along the East River waterfront. The organization was informed by Pathmark this week that “financial considerations” have prompted the financially troubled chain to end operations October 27. Customers are being told by store mangement that the closure will happen even sooner, next Thursday. Two Bridges President Victor Papa tells us conversations with Pathmark are continuing to see if there’s any way to extend the pharmacy’s services beyond this month.
Earlier today, a big crowd turned out in front of the Pathmark, in the shadow of the Manhattan Bridge, to protest the store’s decision to close at the end of the year to make room for a large residential development. A rally organized by the Two Bridges Neighborhood Council was attended by local elected officials, including Assembly Speaker Sheldon Silver.
“We are here today to make our voices loud and clear,” Silver said. We will not stand by and allow our seniors and families to lose access to a local affordable supermarket.” On September 28, we reported that the Pathmark at 227 Cherry Street and its pharmacy next door would shutter at the end of the year. Residents suspect Gary Barnett’s Extell Development plans a luxury apartment complex on the site, with a high-end grocery store, but there has been no confirmation. Last week, elected officials sent a letter to Pathmark and to property owner F. Roy Schoenberg in hopes of keeping the store open longer. So far, there has been no response.
We’ve been keeping a close watch on the situation at Pathmark, the large grocery store at 227 Cherry Street that’s closing at the end of this year. Today local elected officials have sent a letter to Pathmark’s CEO, Sam Martin, and to F. Roy Schoenberg of Cheery Street LLC, the property owner. The letter was signed by State Assembly Speaker Sheldon Silver, City Council member Margaret Chin, State Senator Daniel Squadron and Manhattan Borough President Scott Stringer. Here’s the full text:
We are writing to you to express our deep concern about the planned closure of the Pathmark store at 227 Cherry Street on the Lower East Side of Manhattan. As the elected officials who represent this area, we know that Pathmark plays a crucial role in the lives of thousands of residents of this neighborhood, many of them elderly and low-income. The Lower East Side community is already underserved when it comes to full service supermarkets offering fresh, affordable food. Our constituents would face a significant burden if they lost a grocery store in this location, which is the only affordable food option within a reasonable distance.
As we just reported, there will be a rally next Wednesday morning to protest the closing of the Pathmark store on Cherry Street. It’s not the first time community activists have raised their voices outside the Lower East Side super-store. Here was the scene back in December of 2007, when rumors first began circulating that Pathmark would be closing to make way for luxury development.
We have a few more details this morning concerning the closing of the Pathmark store at 227 Cherry Street. Last week, Pathmark told us that the Lower East Side location would shut down at end of the year because the company was “relinquishing (its long-term) lease to accommodate a large scale residential development and improvement project.”
Thia week, the Two Bridges Neighborhood Council is planning a rally on Cheery Street to “express the neighborhood’s concern about the loss of this important resource to elected officials, policy makers, the Pathmark Corporation and the developer; and to develop an interim solution until a permanent affordable supermarket and pharmacy is re-established in this location.”
We have more this morning on the closing of Pathmark at 227 Cherry Street, a story The Lo-Down broke Friday afternoon. A spokesperson for the supermarket chain told us the 40,000 square foot store would shut down at the end of this year and that Pathmark’s parent company, A & P, was “relinquishing the (long-term) lease to accommodate a large scale residential development and improvement project.”
The questions everyone’s been asking this weekend, of course, are “who’s the developer” and what is meant by “large scale residential development?” Today there are no firm answers about that but events occurring in the past five years or so offer some clues.
We have just confirmed rumors that have been circulating for several weeks — the Pathmark store at 227 Cherry Street is closing at the end of the year. In an emailed statement, Pathmark spokesperson Marcy Connor wrote:
Our Pike Slip Pathmark store in New York, NY, will close at the end of December due to the sale of the lease to a third party. We are relinquishing the lease to accommodate a large scale residential development and improvement project, while preserving the right to operate once the project is complete. We notified our union partners on Sept. 25, and we began notifying associates on Sept. 28. As part of the store closing process, future assignments will be handled pursuant to associate’s respective collective bargaining agreements. While this currently is a difficult circumstance for our associates, customers, partners and local communities, we remain focused on providing great value and service to our customers, and we look forward to potentially operating in this location again in the future.