Showing posts with label rent increase. Show all posts
Showing posts with label rent increase. Show all posts

Tuesday, August 1, 2017

Golden Food Market closes on 1st Avenue and 7th Street


[Photo by Rainer Turim]

The deli on the northeast corner of First Avenue and Seventh Street closed last night after nearly 35 years in business.

Workers began dismantling the market on Sunday evening...


[Photo by Steven]


[Photo by Steven]

An LLC with a West 11th Street address bought the building at 118 First Ave. back in the spring for $5.8 million, according to public records.

According to a reader who spoke with the Golden Food Market (aka Ali's) staff, the lease was up for renewal and the new landlord wanted an increase that was more than the store could manage.

Ali Fardos, whose family owned Golden Food Market, also runs East Village Organic a few storefronts to the north on First Avenue.

An EVG reader shared this upon learning the news yesterday: "Ali and staff are the nicest people around. The prices were fair, but most memorably, they stayed open all during and after Sandy. I think I remember that they were lit by hanging kerosene lanterns. They will be missed and fondly remembered."


[Photo by Rainer Turim —— click pic to go big]