New York State
Department of Transportation has advised they will begin paving Tarrytown Road
from Aqueduct Road (White Plains line) to the intersection with Knollwood Road
(Elmsford line) Sunday, September 16 to Saturday, September 22 from 9:00 p.m.
to 0500 a.m., weather permitting. The work will begin at Aqueduct Road and
end at Knollwood Road. Both sides of the road are scheduled to be
paved.
PLANS FOR CROSSROADS SHOPPING CENTER
-STATEMENT FROM PROPERTY OWNERS
LEASE OUT TO SUPERMARKET TENANT...PARTY CITY UNDER
CONSTRUCTION...
Many residents have contacted me -asking about the
future of the Crossroads Shopping Center. Some expressed concern about the
vacancies at the shopping center. I have been in contact with the owners of the
property and received this update --which suggests that the future of the
shopping center looks good --with some exciting possibilities. Will continue to
keep you informed. The following letter was received today from the Executive
Vice President of Heyman Properties.
PAUL FEINER
,
With leases
expiring, the struggling economy and tenants filing for bankruptcy such as the A
& P Supermarket, Marty Shoes and the Avenue, we are experiencing leasing
challenges at Crossroads Shopping Center. The leasing staffs at Acadia REIT and
Heyman Properties, the partners who own the property, have been hard at work
trying to interest tenants who would benefit the center and the community.
Understanding that
the community would like to see the former A & P replaced by another
supermarket, we contacted every grocery chain who has stores in this region. We
currently have a lease out to a supermarket tenant who can only take the store
if we can obtain approvals to expand the former A & P space by 8,357 square
feet. Once the lease is signed we will be filing for a site plan modification
and approval to construct the expansion areas.
Party City is under
construction in the former Barnes & Noble space and has targeted early
December 2012 for a grand opening.
We are working with
several junior anchor tenants (8,000-14,000 square feet) who are interested in
leasing space in the center. One such tenant is looking at the former Avenue
space with expansion into the adjacent vacant 3,025 square feet. In addition we
are working with several national and regional soft goods and hard goods
retailers who have interest in leasing the former Jembro and T-Mobile spaces.
Unfortuately all of the prospective tenants are waiting to see what tenant
leases the A & P space before committing to terms.
We are confident
that the Town will be very excited about the tenants who potentially will fill
the empty store fronts. We will keep you apprised of any news as we move
forward.
Kathy Rorick
Executive V P
Heyman Properties
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