Associated will get a lease extension, how long unclear

Stuyvesant Town’s Associated Supermarket (Photo by Sabina Mollot)

By Sabina Mollot

Stuyvesant Town’s Associated Supermarket will be getting a lease extension, the property’s management said on Friday, although it isn’t clear how long this arrangement will last.

Associated’s owners have hoped to remain open once the 14th street store’s lease expires at the end of the year, even with a Trader Joe’s expected to move across the street.

“We are reassured by this agreement that the residents of PCVST will have uninterrupted access to a grocer as the retail food landscape is expected to change on 14th Street,” said Rick Hayduk, CEO and general manager of StuyTown Property Services. “The owners of Associated have been long-term partners of the community and we’re grateful for their cooperation through this process,” he added.

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Tenants Association asks Blackstone to keep Associated in Stuy Town

Associated Supermarket in Stuyvesant Town (Photo by Sabina Mollot)

By Sabina Mollot

With the future of Stuyvesant Town’s Associated Supermarket once again up in the air, following Morton Williams’ decision not to sign a lease for the space, the ST-PCV Tenants Association has asked Blackstone to let the Associated stay.

The request was made over the Tenants Association’s concern that with a Trader Joe’s store as well as a Target eventually moving across the street from Stuyvesant Town, Blackstone would no longer feel obligated to keep an affordable supermarket in the complex, as the owner had committed to previously. But, the TA is arguing, Trader Joe’s, with its unusual and somewhat curated range of products, doesn’t offer a “complete grocery experience.”

The plea was made via a letter from Tenants Association President Susan Steinberg to Stuyvesant Town’s General Manager Rick Hayduk on Monday.

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Morton Williams reportedly won’t sign lease after learning Trader Joe’s will open across from Stuy Town

Associated Supermarket in Stuyvesant Town (Photo by Sabina Mollot)

By Sabina Mollot

That was fast.

A mere few days after employees at Stuyvesant Town’s Associated Supermarket were warned that their new employer (for at least a 90-day trial period) would be Morton Williams, the latter supermarket company decided it would not be signing a lease for the space, said Joseph Falzon, one of four owners of the Associated.

Morton Williams apparently decided to pull the plug after hearing that a Trader Joe’s would be moving across the street from Stuyvesant Town in the site that was formerly home to the Peter Stuyvesant Post Office.

The developers behind that under-construction residential building, Mack Real Estate Group and Benenson Capital Partners, declined to comment through a spokesperson. A spokesperson for Trader Joe’s did not yet respond to a request for comment, nor did a spokesperson for Morton Williams.

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Morton Williams expected to take over Stuy Town Associated’s space

Associated Supermarket in Stuyvesant Town (Photo by Sabina Mollot)

By Sabina Mollot

On Monday, employees of the Stuyvesant Town Associated Supermarket, where the owners had been negotiating to keep the store’s lease, all got letters informing them that Morton Williams is going to be taking over the space.

According to one employee, the letter says workers, who are unionized, will get to keep their jobs for at least three months and at that point will be evaluated.

“They have a big company and room to grow,” the worker said the letter from Morton Williams informed them.

Meanwhile, one of the store’s owners, Joseph Falzon, had told Town & Village last month he was almost certain his lease would not be getting renewed. Though a lease has yet to be signed with Morton Williams, Falzon said he suspects a new tenant would have to pay double the rent Associated is paying, which is now $60,000 a month.

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