The interior floor of a Wegmans grocery store.
Photo par Aditi Shrikant
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Wegmans Food Markets announced Thursday the opening of its second location in New York and its first in Manhattan, as it moves into the former Kmart location in Astor Place.
The grocery chain with a cult customer said it signed a 30-year lease on an approximately 82,000 square foot location at 770 Broadway.
The store is slated to open in the second half of 2023. Wegmans opened its first New York store in the Brooklyn Navy Yard in October 2019.
The deal was negotiated by Ripco Real Estate, whereby Wegmans signed an agreement with Sears and Kmart owner, Transformco, to buy out Kmart’s lease at Astor Place. The grocer has entered into a long-term lease with real estate giant Vornado Realty Trust.
“Wegmans is one of a kind and will be a premier addition to Manhattan, both for local neighborhoods and as a destination for residents across the island,” said Vornado CEO and Chairman Steven Roth .
The store was the last Kmart in Manhattan when it unexpectedly closed this month.
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