Wegmans’ Chairman Signs Deal at Glenwood’s 1932 Broadway

02/14/24

Wegmans, the renowned grocery chain, is considering a second location in the bustling heart of Manhattan’s Upper West Side near Lincoln Center. This move comes after the company’s chairman, Danny Wegman, secured a lease for a substantial space at 1932 Broadway (between 64th and 65th), previously occupied by Bed, Bath & Beyond. This location was originally Wegmans’ original choice for their debut in the New York City market. However, they ultimately decided to open their first NYC store at Astor Place last year.

A Wegmans spokesperson shared:

“Prior to opening our Astor Place store, we were working with Glenwood to lease the space at 1932 Broadway. When that didn’t pan out, we had the opportunity to sign the lease for Astor Place. Following the Astor Place opening, Danny Wegman learned the 1932 Broadway space was still available. He restarted negotiations and recently signed a long-term lease for the space.”

The negotiation process for the lease was managed by Peter Ripka, Gene Spiegelman, Beth Rosen and Ben Davis of RIPCO Real Estate. Although the exact plans for the space are currently not disclosed, the addition of another Wegmans location in Manhattan could further enrich the city’s vibrant culinary landscape, offering residents and visitors another esteemed option for high-quality groceries and gourmet offerings.

Read More: Commercial Observer: Wegmans Chairman Signs deal for Bed, Bath & Beyond’s Former UWS Space

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