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Rye Brook Landlord Negotiates Settlement With D'Agostino Supermarket

D'Agostino Rye Brook Market posted "closed for remodel" signs the weekend of June 20-21. On Monday, Nicholas D'Agostino III confirmed his last remaining supermarket in Westchester will not reopen. "We gave that store back to the landlord,'' he said. Photo Credit: Jon Craig
This D'Agostino supermarket which closed on King Street in Chappaqua in 2011 was replaced by a Walgreen's drug store. Photo Credit: File photo

RYE BROOK, N.Y. -- The leasing manager for the Rye Brook Shopping Center says it is working on a settlement with D'Agostino Supermarket, which closed without notice last month.

Erin Hinchey, leasing agent for Win Properties Inc., said, "We are currently working on a settlement with them to relieve them of their obligations here so that we can move on with a new tenant."

Nicholas D’Agostino III, president and chief executive officer of the food store chain, reached Monday at his Larchmont company headquarters, said, "We gave that store back to the landlord."

Asked if he has any plans for a new store in Westchester, D'Agostino said no. Rye Brook is the third store closed in Westchester since 2010. The chain, billed as "New York's Original Grocer, was founded in the 1930s and operates 12 markets in Manhattan.

On Monday, Hinchey told Daily Voice, "There is tremendous interest in the D'Agostino’s space because both grocer and non-grocer tenants see the immense value in entering this market and this shopping center in particular."

"There are many offers on their space and at this point we hope to be making an announcement for a replacement in the near future,'' Hinchey said.

Hinchey declined to name prospective new tenants or the type of anchor store that might replace D'Agostino, hurt by competition from Whole Foods Market in Port Chester, which opened at 575 Boston Post Road near the village's border with Rye in October 2013.. 

D'Agostino previously closed supermarkets in Cross River in 2010 and Chappaqua in 2011, making Rye Brook Market its final Weschester location.

Last week, Daily Voice reported on the status of A&P's bankruptcy filing here, which affects the future of 24 of its supermarkets in Westchester County. Acme Markets, Inc., which is a division of Albertsons Companies, Inc. has bid on A&P's Rye Brook supermarket at  261 S. Ridge St. The fate of an affiliated Pathmark store at 130 Midland Ave. in Port Chester is uncertain.


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