Owners of the Associated Supermarket on 14th Street between Avenue A and First Avenue are receiving a new lease, though it's unknown at the moment what the duration will be, Town & Village reports.
Stuy Town’s management would not reveal how long the extension is expected to last or other details about the agreement, which was reached on Friday.
Joe Falzon, a co-owner of the store, said, “My partners and I appreciate StuyTown Property Services’ approach and willingness to work with us as we set out to understand how the future changes on 14th Street will impact our business. We’re committed to our customers and employees and will continue to provide quality service and products as Associated has done for over 20 years.”
Last month, there were reports that Morton Williams was taking over the grocery space in Stuy Town when Associated's lease was up on Dec. 31. However, after learning that a Trader Joe's was coming to the new development at the former Peter Stuyvesant Post Office across the street, Morton Williams decided against the property.
The new Trader Joe's is scheduled to open in the second half of 2018, according to a press release from the market.
Previously on EV Grieve:
Report: Associated owners not having any luck shopping for a lease renewal on East 14th Street (34 comments)
Petition drive underway to help save the Stuy Town Associated on East 14th Street
Report: New Stuy Town owner pledges to keep a grocery story on East 14th Street, but it may not be Associated
Report: Morton Williams will take over the Associated space on 14th Street (27 comments)
Report: Morton Williams won't be taking over the 14th Street Associated after all