News: Brokerage

Price Chopper opens new 19,000 s/f concept store - Price Chopper Limited in Saratoga Springs

Price Chopper holds opening of Price Chopper Limited, a first-of-its-kind concept store, that provides the surrounding residential community with a smaller, full-service grocery store designed to meet the needs of the community and to complement the larger nearby Price Chopper stores. The new store, located within the Market Center development at the corner of Railroad Place and Church St., was built in response to neighbors' requests for a quality supermarket within the walkable neighborhood. Price Chopper developed the new concept to provide a full-service shopping experience with limited selections in a smaller, 19,000 s/f footprint. "At first, many neighbors were concerned that the development of Market Center meant we were going to leave the neighborhood," said Jerry Golub, Price Chopper president and CEO. "Even though we have a much larger, full-service supermarket just up the road, we were intrigued by the idea of a small format store in an easily accessible residential setting that would offer staples consistent with Price Chopper's 'Best in Fresh' quality and value. Our long established history in Saratoga, coupled with the enthusiastic requests made by our neighbors, provided added impetus to this project. Price Chopper Limited is a brand new concept for us. Essentially, we've designed a small supermarket within the context of a residential building and neighborhood that contains a variety of fresh and packaged products and convenience items that people need and want most. When more variety is desired, our full-service Price Chopper Super Center less than two miles away on Rte. 50 is ready and waiting. We're confident that this concept will meet the needs of the Saratoga residents who asked for it," said Golub.
MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,