Stagnito Media Convenienece Store News Convenienece Store News Single Store Owner Progressive Grocer The Gourmet Retailer Progressive Grocer Store Brands Retail Leader multicultural retail 360
Sep 30, 2013

Fairway Signs TriBeCa Store Lease

PrintFairway Signs TriBeCa Store Lease  

Fairway Group Holdings Corp., parent company of Big Apple gourmet grocer Fairway Market, and Jack Resnick & Sons, a New York-based developer of commercial and residential space, said that Fairway has signed a long-term lease to open a 52,242-square-foot grocery in Manhattan's TriBeCa neighborhood.

The two-story location, at 255 Greenwich St. (at Murray St.), and expected to open its doors in fall 2014, will be the first Fairway store in lower Manhattan and the 16th in the tri-state New York, New Jersey and Connecticut region.

“TriBeCa is a great and growing family neighborhood and home to great amenities, from restaurants to schools and colleges, and a world-renowned film festival,” noted Charles Santoro, Fairway Market’s executive chairman. “And because it is in lower Manhattan, which is also home to Battery Park City, the Freedom Tower, and the Financial District, the location is ideal for those who live and work there.”

“The Greenwich Street corridor is the spine that connects TriBeCa with downtown, and … Fairway will make that link even stronger with its presence at 255 Greenwich,” added Burt Resnick, chairman and CEO of Jack Resnick & Sons. “We are confident that the new Fairway location will boost three great neighborhoods – Battery Park, the Financial District and TriBeCa – establishing a popular shopping and dining destination for residents, workers and visitors alike as lower Manhattan’s retail renaissance continues on.”

In common with all Fairway Markets, the TriBeCa store will carry a combination of traditional, organic and specialty foods chosen from its comprehensive selection of 70,000 SKUs across its store network and including daily-delivered produce, kosher items, fresh seafood, custom-cut USDA prime meat, an in-store bakery, international cheeses and a deli counter.

According to Fairway CEO Herb Ruetsch, not only will the grocer provide TriBeCa residents with “a fabulous food shopping experience with fresh, natural, organic and conventional foods at terrific prices," but the store has also created several hundred new jobs in the area.

Find Reports & Data

Progressive Grocer’s 68th Annual Consumer Expenditures Study

The traditional supermarket channel is maintaining its position as the dominant outlet for grocery purchases, according to the results of Progressive Grocer’s 68th Annual Consumer Expenditures Study. Traditional grocers should be happy that, even amid the continued fragmenting of consumers dollars across mass, drug, dollar and convenience channels, supermarkets are standing their ground. Even as e-tailers build momentum in the fresh arena, grocers – who are increasingly discovering the benefits of click-and-collect as a strategy against all-online competitors – are getting it right.    Read our whole-store, category-by-category breakdown in this fact-packed, 43-page report, with analysis written by PG's seasoned editorial staff, including 17 pages of detailed supermarket sales not included in the print version, with data from Nielsen, IRI and ECRM. The full report is available for $179..

67th Annual Consumer Expenditure Study

Sales reflect gains in the service and value-added deli sectors, as well as in produce, floral and alcohol..

81th Annual Report of the Grocery Industry: Crunching the Numbers

Despite ongoing concerns over increasing benefits and competitive threats, grocery retailers feel investments and strategies will pay off in 2014..

PG's 2013 Bakery Operations Review: Wants and Kneads

Although department sales dipped slightly, PG exclusive research reaffirms in-store bakeries’ role as image builders and fresh-success boosters..

Progressive Grocer's 2013 Meat Operations Review: Reinforcing the Case

Though higher beef prices blunted discernible gains, other fresh meat categories fortified the fortunes of many retailers responding to this year’s annual meat department report card..

Progressive Grocer's 2013 Deli Operations Review: Over the Counter

Deli operators are confident in the coming year and looking at training to better serve shoppers..


New Product Spotlight

Line + Pole Caught Skip Jack Tuna Fillets
Gourmet, high-end Bela Tuna fillets in glass jars
Featured Videos


View more

Related Videos
Stagnito Media
570 Lake Cook Rd, Suite 310
Deerfield IL 60015
Ph: 224-632-8200
Fax: 224-632-8266

Privacy Policy
Print / Electronic Media
Convenience Store News
CSNews Supplier Guide
CSNews for the Single Store Owner
Progressive Grocer
Store Brands
Independent Grocer Network
The Gourmet Retailer
Retail Leader
Marketing Guidebook
Directory of Convenience Stores
Multicultural Retail 360

Custom Media