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Another Grocery Store Expected to Replace Waldbaums

Landlord negotiating to complete lease for Huntington Station site.

Another grocery store is expected to move into the space vacated by the closing of the Huntington Station Waldbaum’s.

Kimco Realty, which bought Huntington Turnpike Plaza last spring for $7.9 million from Centro Properties,  said this week it is negotiating a lease to take the space of the Jericho Turnpike store. Waldbaum’s announced two weeks ago that the 40-year-old store will close.

While one Kimco employee said the firm had been in discussions with a replacement grocer for some time, Joshua Weinkranz, a Kimco vice president, said, “We’re looking at a regional grocer, a national retailer.”  “We’re looking to put a tenant who will drive a lot of traffic, create a better shopping experience,” but declining to name the prospective tenant while lease negotiations are continuing.

“The store needed an investment, needed to be rehabbed,” Weinkranz said. “It’s a good site; good location; it’s got a lot of residents. The access is good, the visibility is great from the road. It’s why we purchased it; we always thought it could be better. We will make it a better site in terms of tenants.”

Weinkranz said the new tenant would be responsible for seeking new permits and renovating the site. He also said Kimco has signed a lease to take over a hair salon in the same center, one of eight tenants. There are no plans to expand the building itself, he said.

The state Labor Department said the Huntington Station store closing is expected to dislocate about 53 workers,  among the estimated 320 workers affected by A&P’s decision to close six Long Island Waldbaum’s or Pathmark stores.  

Under the Worker Adjustment and Retraining Notification rules, the layoffs are expected to be completed by April 9, though many workers said they are hoping to be transferred to other stores.

Uncle Giuseppe’s, one of the stores some residents have mentioned as a possible tenant, said it was not moving in, though it was interested in Huntington at some point. Whole Foods also said it had no plans for that area and Fairway Market declined to answer specifics.

At the completion of the sale last March, Gary Gabriel of Cushman & Wakefield's Metropolitan Area Capital Markets Group, which handled the sale, said, "The grocery lease, which is well below market rent, is set to expire in the near term and presents a great value-add play," according to the  web site NewYorkRealEstate. That provoked a reader to comment, "Say bye bye to Waldbaums when the rent goes up."

Big_E January 27, 2012 at 11:45 AM
" We will make it a better site in terms of tenants" Hopefully they only mean the Waldbaums site, and not forcing out Anthony's and Top One...
Ed January 27, 2012 at 12:32 PM
Best Yet is taking the space.
Dave January 27, 2012 at 12:32 PM
This would be a great spot for Trader Joe's!
Peter January 27, 2012 at 12:51 PM
IMHO, they're closing the wrong Waldbaums. The one in Deer Park is long overdue to be replaced.
Jim R. January 27, 2012 at 02:40 PM
Peter - Which Waldbaums? The one next to CVS? That store is a cash cow.
Mary Z January 27, 2012 at 03:11 PM
Aldi's needs to go there! It fits the decription of what they said they wanted - Fingers crossed it is the one!
Mary Z January 27, 2012 at 03:11 PM
Trader Joes would also be a good choice
JT January 27, 2012 at 03:41 PM
Wegmans would be awesome.
Hillary Hess January 27, 2012 at 04:13 PM
I have it on good authority that the Commack Trader Joe's will be relocating to this location.
Frank January 27, 2012 at 04:37 PM
would like to see STEW LEONARDS....was supposed to open up in FARMINGDALE but never happened....maybe STEWS would look at the HUNINGTON TOWN HOUSE site since LOWES backed out !
Frank January 27, 2012 at 04:48 PM
STEW LEONARDS is probably too small for this site...would be great for FAIRWAY or UNCLE GIUSEPPES..... : )
Pamela MacKenzie January 28, 2012 at 01:45 AM
my vote goes to TRADER JOE'S
Eugenia M. Kouwenhoven January 28, 2012 at 02:20 AM
Would love to see Uncle Guiseppe's!!!
Marilyn Esposito Zangara January 28, 2012 at 02:17 PM
Trader Joe's Pleassssssssse
Jeanette January 30, 2012 at 04:11 PM
We don't need another grocery store we have Stop&Shop what we do need is a great bakery Store or a Trader Joe's!!!!!!!!!!!!

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