Fairway Continues New York Metro Expansion
Hard on the heels of its signing a lease for a store in the lower Manhattan neighborhood of TriBeCa, New York-based Fairway Group Holdings Corp., parent company of gourmet grocer Fairway Market, will open a 53,000-square-foot store in the DSW Plaza in Lake Grove, a town in Long Island’s Suffolk County, in spring 2014. The store will be the first Fairway Market in the county as well as the 15th in the tri-state New York, New Jersey and Connecticut area.
“The location is ideal; DSW Plaza is also home to such national names as Designer Shoe Warehouse, Toys R Us and Babies R Us, and it is directly across the street from the Smith Haven Mall, so it is right in the heart of Suffolk County,” noted Fairway Market executive chairman Charles Santoro.
“We have recently begun to renovate and remerchandise this shopping center, and we are thrilled to have Fairway as our food anchor,” added Sam Shalem, chairman and CEO of New York-based Prestige Properties, the owner of the shopping center. “Our customer base is eagerly anticipating a Fairway of its own.”
According to Herb Ruetsch, Fairway Market CEO, the Lake Grove store will create about 400 jobs.
Fairway’s planned TriBeCa store is scheduled to open in fall 2014.