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Posted

I'm surprised no one's commented on Foodmart's loss of their lease announced 3/25 in the NYT (you need an account to view the whole thing).

JC is a Target kinda town. I kinda have mixed feelings. When FM opened (5 or 6 years ago?) it was hailed as having one of the finest and largest fresh fish selections in the area in addition to having several aisles devoted to Asian food. It attracted shoppers from all over, especially NYC because of its proximity. I dunno if I woke up to how filthy the place was or I just started noticing it, but as a result, I stopped shopping there several months ago. I thought it was a nice touch having birds flying around, but then I woke up and realized those droppings gotta go somewhere. But I can't help but root for the little guy; hiss hiss to Lefrak and Target. (If you wanna see the whole transcript and are too cheap to pay the $2.95, email me.)

[on a not so related note, I find egg foo yung to be the best food to hail at the movie screen when the picture gets blurry beyond recognition.]

Posted

That real estate alone is worth a very pretty penny , I can't imagine the store produced that much profit

Apparently it's easier still to dictate the conversation and in effect, kill the conversation.

rancho gordo

Posted

Don't know about the profitability, but they're sure gonna have a big tax write-off. They invested $5 million for expansion according to the Times article (don't know where they expanded to). They did so based on assurances from Lefrak that they were gonna sign a long-term lease.

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