All A&P Stores Now Closed; A&G Realty To Help Move Unsold Units

A&P is physically kaput. All of the approximately 60 stores that were unsold during the auction process or were previously shuttered by A&P itself closed their doors permanently on November 25. However, while only about 20 percent of its store base survived until nearly Thanksgiving, about 100 stores overall still remain unspoken for. Those other unclaimed stores include 25 units closed by A&P in October and 54 stores that attracted limited or no interest during the auction process. Other stores without official buyers at this point include units that were never offered for auction (primarily due to lease issues), rejected leases and other A&P locations that have received qualifying bids, but have not yet been approved by U.S. Bankruptcy Court Judge Robert Drain. See updated store sales chart on pages 60-61.

In the past month, the U.S Bankruptcy Court in White Plains, NY approved A&P’s request for a two-month extension of its Chapter 11 bankruptcy status, a procedural move seen as giving the defunct retailer time to sell more stores and provide added capital for its creditors. A&P’s Chapter 11 status will now continue until March 16 (with the approval process set for May 16). It is ultimately expected to convert its bankruptcy to Chapter 7 liquidation.

In an attempt to accelerate the process for 54 units that were unsold at auction, A&P has engaged the services of A&G Realty Partners, a Melville, NY-based commercial real estate firm, to act as a third party sales agent. As a part of that proposed deal, A&P will receive an upfront fee, be relieved of rent payments and split the proceeds of any store sales with A&G (there are other closed A&P stores that are not part of the A&G deal). A&G describes itself as a firm that specializes in real estate dispositions, lease restructurings, facilitating growth opportunities, valuations and acquisitions, adding that its clients include some of the nation’s most recognizable retail brands in healthy and distressed situations.

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In other developments, Key Food successfully bid $1.75 million for the name and intellectual property rights for the Food Emporium brand. Another metro New York independent, PSK/Foodtown, has offered $1 million for the Pathmark name and other intellectual property assets related to that brand. Key acquired 24 stores during the bidding process and PSK/Foodtown purchased three A&P stores at auction in October.

A&P has also sued real estate firm Lee & Associates for failing to disclose it had made two winning offers for stores on behalf of an unqualified bidder. Lee & Associates, a large commercial real estate firm, outbid Bogopa (Food Bazaar) for a Food Basics store in North Bergen, NJ and a Pathmark unit in Brooklyn (offering $6.8 million and $5 million respectively). It was later disclosed that Lee was reportedly bidding for Francisco Gin, who operates several metro New York stores under the Golden Mango banner. A&P alleges that Gin was not financially able to qualify as a bidder and was not identified as a bidder by Lee & Associates when it made bids for him. The Tea Company is seeking at least $1.8 million in damages from Lee, its president James Wacht and Gin. Bogopa was ultimately granted approval to acquire those two units.

Claiming it would raise about $28 million for its creditors; A&P has also asked the bankruptcy court to approve sales of 10 currently sub-leased stores to other non-grocery operators, including TJX Companies and Big Lots.

With all stores now closed, expect more deals to be made in the next few months as union restrictions lapse and many of the stores fall under the control of landlords, many of whom will be looking to make more reasonable transactions to protect and enhance the value of their shopping centers. Following is a list of the stores and their dispositions:

Sold to Acme Markets

A&P 2007 State Route 35, Wall Township, NJ

A&P 100 Triangle Center, Yorktown, NJ

A&P 137 Lake Street, Midland Park, NJ

A&P 125 Franklin Tnpk, Mahwah, NJ

A&P 1260 Springfield Ave, New Providence, NJ

A&P 610 Columbus Ave, Thornwood, NY

A&P 2160 Lemoine Ave, Fort Lee, NJ

A&P 520 Chestnut Ridge Road, Woodcliff Lake, NJ

A&P 660 Mclean Ave, Yonkers, NY

A&P 3105 East Main Street, Mohegan Lake, NY

A&P 123-125 Main Street, Denville, NJ

A&P 125 18th Street, Jersey City, NJ

A&P 45 Demercurio Drive, Allendale, NJ

A&P 1511 Rte 22, Brewster, NY

A&P 801 Kenilworth Blvd, Kenilworth, NJ

A&P 907D Oak Tree Road, South Plainfield, NJ

A&P 5774 Berkshire Valley Rd, Jefferson Township, NJ

A&P 530 Rt 515 Unit 1, Vernon

A&P 507 Prospect Ave, Little Silver, NJ

A&P 614 Clinton St, Hoboken, NJ

A&P Rt 22 and Rt 138, Goldens Bridge, NY

A&P 829 Route 82, Hopewell Junction, NY

A&P 12-14 Cedar Street, Bronxville, NY

A&P 510 Valley Road, Montclair, NJ

A&P 1201 High Ridge Road, Stamford, CT

A&P 3 Village Center, Mahopac, NY

A&P 1060 Raritan Road, Clark, NJ

A&P 5 Ortley Plaza, Ortley Beach, NJ

A&P 455 Rt23 North, Sussex, NJ

A&P 261 South Ridge St, Rye Brook, NY

A&P 160 West Putnam Avenue, Greenwich, CT

A&P 1886 Pleasantville Road, Briarcliff Manor, NY

A&P 152 Route 94, Blairstown, NJ

A&P 1261 East Putnam Avenue, Riverside, CT

A&P 777 White Plains Road, Eastchester, NY

A&P 199 Kinderkamack Rd, Park Ridge, NJ

A&P 103 Knollwood Road, Greenburgh, NY

A&P 1366 East Main Street, Shrub Oak, NY

A&P 55 Riverwalk Drive West, West New York, NJ

A&P 23 Quaker Ridge Road, New Rochelle, NY

A&P Rte 44 & North Ave, Pleasant Valley, NY

A&P 288 Elm Street, New Canaan, CT

A&P 990 Shrewsburry Ave, Tinton Falls, NJ

A&P 3500 Route #9, Old Bridge, NJ

A&P 75 Mayhill Street, Saddle Brook, NJ

A&P 177 Washington Valley Rd, Warrenville, NJ

Pathmark 321 Stadium Plaza, Jersey City, NJ

Pathmark 58 Broad Way, Elmwood Park

Pathmark 481 River Road, Edgewater, NJ

Pathmark 2101-41 Cottman Ave, Philadelphia, PA

Pathmark 4100 Park Avenue, Weehawken, NJ

Pathmark 80 New Bridge Road, Bergenfield, NJ

Pathmark 281-295 Ferry Street, Newark, NJ

Pathmark 5100 Wellington Avenue, Ventnor, NJ

Pathmark 7700 Crittenden St, Philadelphia, PA

Pathmark 100 College Square, Newark, DE

Pathmark 4365 Kirkwood Highway, Wilmington, DE

Pathmark 643 Conchester Highway, Boothwyn, PA

Super Fresh 180 West Girard Ave, Philadelphia, PA

Super Fresh 9507 Coastal Hwy, Ocean City, MD

Super Fresh 1305 West Chester Pike, Havertown, PA

Super Fresh 609 East Bay Avenue, Manahawkin, NJ

Super Fresh 800 2nd Street Pike, Richboro, PA

Super Fresh 1812 Marsh Rd, Wilmington, DE

Super Fresh 305 S. Fifth St, Philadelphia, PA

Super Fresh 800 West Ave, Ocean City, NJ

Super Fresh 1001 South Street, Philadelphia, PA

Super Fresh 18578 Coastal Highway, Rehoboth, DE

Super Fresh 2400 Delaware Avenue, Wildwood, NJ

Super Fresh 250 E Lancaster, Wynnewood, PA

Super Fresh 1025 Youngsford Road, Gladwyne, PA

Sold to Stop & Shop

A&P 195 North Bedford Rd, Mt Kisco, NY

A&P 400 Demarest Avenue, Closter, NJ

Pathmark 407 Valley Street, South Orange, NJ

Pathmark 460 Franklin Avenue, Franklin Square, NY

Pathmark 130 Wheatley Plaza, Greenvale, NY

Pathmark 1720 Eastchester Road, Bronx, NY

Pathmark 2136 Bartow Avenue, Bronx, NY

Pathmark 625 Atlantic Avenue, Brooklyn, NY

Pathmark 2965 Cropsey Avenue, Brooklyn, NY

Pathmark 134-40 Springfield Blvd, Jamaica, NY

Pathmark 92-10 Atlantic Avenue, Ozone Park, NY

Pathmark 31-06 Farrington Street, Whitestone, NY

Pathmark 4055 Merrick Road, Seaford, NY

Pathmark 1351 Forest Avenue, Staten Island, NY

Pathmark 961 East 174th Street, Bronx, NY

Pathmark 25 Kinnelon Road, Kinnelon, NJ

Waldbaums 85 E. Park Ave, Long Beach, NY

Waldbaums 702 Hicksville Road, Massapequa, NY

Waldbaums 167 Main St. Jagger Lane, Southampton, NY

Waldbaums 905 Atlantic Ave, Baldwin, NY

Waldbaums 156-01 Crossbay Blvd., Howard Beach

Waldbaums 60 Wall Street, Huntington, NY

Waldbaums 67 Newtown Lane, Easthampton, NY

Waldbaums 112-15 Beach Channel Drive, Bell Harbor, NY

Waldbaums 213-15 26th Avenue, Bay Terrace, NY

A&P 422 Old Post Road, Bedford, NY

Sold to Key Food

A&P 5661 Riverdale Ave, Bronx, NY

A&P 355 Halsted Ave, Harrison, NY

Food Basics 289 Bergen Blvd., Fairview, NJ

Food Basics 937 Lincoln Ave, Glen Rock, NJ

Food Basics 465 Getty Ave, Paterson, NJ

Food Emporium 1175 3rd Avenue, New York, NY

Food Emporium 452 West 43 St, New York, NY

Food Emporium 810 8th Avenue, New York, NY

Food Emporium 10 Union Sq 14th & Park, New York, NY

Pathmark 130 Midland Avenue, Port Chester, NY

Pathmark 100 Greaves Lane, Staten Island, NY

Pathmark 1525 Albany Avenue, Brooklyn, NY

Waldbaums 812 Montauk Hwy Ctr., Moriches, NY

Waldbaums 10205 Main Rd, Mattituck, NY

Waldbaums 1050 Willis Avenue, Albertson, NY

Waldbaums 35-09 Francis Lewis Blvd, Bayside, NY

Waldbaums 196-35 Horace Harding Expressway, Flushing, NY

Waldbaums 1-1 Park Plaza, Glen Head, NY

Waldbaums 259-01 Union Turnpike, Glen Oaks, NY

Waldbaums 82-35 153rd Ave, Howard Beach

Waldbaums 75-55 31St Ave, Jackson Heights, NY

Waldbaums 375 Tompkins Ave, Rosebank, NY

Waldbaums 2424 Flatbush Avenue, Brooklyn, NY

A&P 20 Welcher Ave, Peekskill, NY

A&P 1 Padanaram Road, Danbury, CT

Sold to Wakefern

A&P 1643 Route 82, Lagrangeville, NY

Pathmark 3901 Hempstead Turnpike, Bethpage, NY

Pathmark 2335 New Hyde Park Road, New Hyde Park, NY

Pathmark 5005 Edgemont Avenue, Brookhaven, PA

Pathmark 140 North McDade Boulevard, Glenolden, PA

Pathmark 330 Oregon Avenue, Philadelphia, PA

Pathmark 3399 Aramingo Avenue, Philadelphia, PA

Pathmark 4160 Monument Avenue, Philadelphia, PA

Pathmark 421 S. 69th Street, Upper Darby, PA

Pathmark 1000 Easton Road, Wyncote, PA

Waldbaums 1960 Deer Park Avenue, Deer Park, NY

Waldbaums 133-11 20th Avenue, College Point, NY

Pathmark 492 East Atlantic Avenue, East Rockaway, NY

Sold to Best Yet

Waldbaums 84 Jericho Tpke, Commack, NY

Waldbaums 1686 Merrick Rd, Merrick, NY

Waldbaums 70 Sunset Ave, West Hampton, NY

Food Emporium 316 Greenwich St, New York, NY

Pathmark 155 Islip Avenue, Islip, NY

Pathmark 800 Montauk Highway, Shirley, NY

Pathmark 531 Montauk Highway, West Babylon, NY

Waldbaums 40 Great Neck Road, Great Neck, NY

Waldbaums 211 Middle Country Road, Selden, NY

Sold to Federal Realty

A&P 64 Brick Plaza, Bricktown, NJ

Pathmark 1157 Route 46 East, Parsippany, NJ

Waldbaums 890 Walt Whitman Road, Melville, NY

Sold to Fransula Foods (Compare)

Food Basics 498 East 30th St, East Paterson, NJ

Food Basics 514 Van Houten Ave, Passaic, NJ

Waldbaums 3100 Ocean Ave, Brooklyn, NY Sold

Sold to Bogopa (Food Bazaar)

A&P 425 Anderson Avenue, Fairview, NJ

Pathmark 211 Elmora Avenue, Elizabeth, NJ

Pathmark 101 Wicks Road, Brentwood, NY

Food Basics 1425 Kennedy Blvd., North Bergen, NJ

Pathmark 111-10 Flatlands Avenue, Brooklyn, NY

Sold to Morton Williams

Food Emporium  1331 1st Avenue, New York, NY

Food Emporium 1066 3rd Avenue, New York, NY

Sold to CVS/Key Food *

A&P 1233 Nepperhan Ave, Yonkers, NY

*Sale was approved with agreement to devote a portion of the space to a Key Food operator.

Sold to CVS

Food Emporium 969 Second Ave, New York, NY

Sold to PSK (Foodtown/Freshtown)

Pathmark 300 West 145th Street, New York, NY

Waldbaums 245 Route 25A, Rocky Point, NY

A&P 2005 Albany Post Rd, Croton on Hudson, NY

Sold to KAM Foods

Food Basics 2185 Coyle Street, Brooklyn, NY Sold to KAM Foods

Waldbaums 6400 Amboy Road, Staten Island, NY

Pathmark 2730 Arthur Kill Road, Staten Island, NY

Sold to Tawa, Inc. (99 Ranch Market)

Pathmark 561 Route 1, Edison, NJ

Pathmark 420 Grand Street, Jersey City, NJ

Sold to Manischevitz Family, LLC

Pathmark 1245 61St Street, Brooklyn, NY

Pathmark 1-37 12th Street, Brooklyn, NY

Sold to Shanghai Enterprises

A&P 87 Main Street, Hastings, NY

Waldbaums 777 Pulaski Road, Greenlawn, NY

Sold to Brixmor Operating Partnership

Waldbaums 4054 Nesconset Highway, East Setauket, NY

Pathmark 1757 Central Park Avenue, Yonkers, NY

Sold to Estevez Markets (Foodtown)

A&P 216 Old Tappan Rd, Old Tappan, NJ

Sold to Gristedes

Food Emporium 1450 3rd Avenue, New York, NY

Sold to H Mart

Waldbaums 336 North Broadway, Jericho, NY

Sold to Uncle Giuseppe’s

Pathmark 10 Triangle Plaza – Lake Road Ext., Ramsey, NJ

Sold to King Kullen

Waldbaums 440 W. Sunrise Highway, N. Patchogue, NY

Sold to Norristown Thriftway, Inc.

Pathmark 176-82 West Chelten Ave, Philadelphia, PA

Sold to AF Norwich LLC

Food Emporium 250 W 90th St, New York, NY

Sold to Nicholas Markets (Foodtown)

A&P 315 Pascack Rd, Washington Twp., NJ

Sold to BX&M Food Corp.

Food Basics 414 Main St, Belleville, NJ

Sold to CW A&P Mamaroneck, LLC

A&P 805 Mamaroneck Ave, Mamaroneck, NY

Sold to Dave-Marion Corp.

A&P 460 County Line Road Route 520, Marlboro, NJ

Sold to Feil Whitestone LLC & 11th Holding

Waldbaums 153-01 10th Ave, Whitestone, NY

Sold to Navesink Center, LLC

A&P 1002 Rte 36, Navesink, NJ

Sold to Oster Fairlawn Properties, LLC

Pathmark 22-00 Maple Avenue, Fairlawn, NJ

Sold to Saxon Sunrise Realty, LLC

Pathmark 2060 Sunrise Highway, Bay Shore, NY

Sold to 410 West 207th Acquisitions, LLC

Pathmark 410 West 207th Street, New York, NY

Sold to L&S Properties

Super Fresh 2044 New Castle Avenue, New Castle, DE

Sold to UB Bloomfield

A&P 19 Bellville Ave, Bloomfield, NJ

Sold to Urstadt Biddle Prop.

A&P 560 Valley Road, Wayne, NJ

Sold to Fox Hill II Inc.

Pathmark 2875 Richmond Avenue, Staten Island, NY

Sold to LG Other Associates

Pathmark 683 Old Country Road, Dix Hills, NY

Designated to A&G Realty For Sale

A&P 431 County Road 513, Califon

A&P 668 Central Park Avenue, Scarsdale, NY

Pathmark 3020 Route 35 & Bethany Rd, Hazlet, NJ

Pathmark 5145 Nesconset Hwy, Port Jefferson Station, NY

Pathmark 2660 Hylan Avenue, Staten Island, NY

Super Fresh 401 New London Rd, Newark, DE

Waldbaums 2475 Jericho Turnpike, Garden City, NY

Waldbaums 4560 Sunrise Hwy, Oakdale, NY

A&P 7 Naughright Rd, Hackettstown, NJ

Pathmark 1600 St Georges Avenue, Avenel, NJ

Pathmark 757 Rt. 15, Woodport, NJ

Pathmark 2540 Central Park Avenue, Yonkers, NY

A&P 407 King George Road, Basking Ridge, NJ

A&P 525 East Route 46, Belvidere, NJ

A&P 49 Old Route 22, Clinton, NJ

A&P 1185 Amboy Ave, Edison, NJ

A&P 105 South Ave, Fanwood, NJ

A&P 47 Wanaque Avenue, Pompton Lakes, NJ

A&P 148 Center Grove Road, Randolph, NJ

A&P 459 Route 31 South, Washington, NJ

A&P 1938 Union Valley Road, West Milford, NJ

A&P 1730 Route 46 West, Woodland Park, NJ

A&P 14 Lake Ridge Plaza, Valley Cottage, NY

A&P 510 Milltown Road, North Brunswick, NJ

Food Basics 15501 Bustleton Ave,Philadelphia, PA

Food Basics 8920 Frankford Avenue, Philadelphia, PA

Food Emporium 401 East 59th St, New York, NY

Pathmark 10 South Avenue, Garwood, NJ

Pathmark 405 State Route 17 South, Hackensack, NJ

Pathmark 95-101 New Brunswick Ave, Hopelawn, NJ

Pathmark 474-79 Lyons Avenue, Irvington, NJ

Pathmark 175 Lakeside Boulevard & Center, Landing, NJ

Pathmark 242 Lincoln Boulevard, Middlesex, NJ

Pathmark 167 Bergen Street, Newark, NJ

Pathmark 195 Rockland Center East Rt 59, Nanuet, NY

Pathmark 148 Sunset Boulevard, New Castle, DE

Pathmark 1930 Route 88, Brick Twp., NJ

Pathmark 5801 Sunrise Highway, Holbrook, NY

Pathmark 941 Carmans Road, Massapequa, NY

Pathmark 1251 Deer Park Avenue, North Babylon, NY

Pathmark 399 Route 112, Patchogue, NY

Pathmark 500 Lincoln Highway, Fairless Hills, PA

Pathmark 3021 Grays Ferry Avenue, Philadelphia, PA

Pathmark 2900 N. Broad St. & Glenwood Ave, Phila., PA

Pathmark 8700 Frankford Avenue, Philadelphia, PA

Super Fresh 12741 Ocean Gateway, Ocean City, MD

Super Fresh 323 West Bridge Street, New Hope, PA

Super Fresh 7162 Ridge Ave, Philadelphia, PA

Waldbaums 1530 Front Street, East Meadow, NY

Waldbaums 1236 Veterans Highway, Hauppaugue, NY

Waldbaums 50 E. Hoffman, Lindenhurst, NY

Waldbaums 5508 Sunrise Hwy, Massapequa, NY

Waldbaums 2162 Nesconset Highway, Stony Brook, NY

Unsold

A&P 2101 Route 35, Holmdel, NJ

A&P 325 Highway 35 South, Cliffwood, NJ

Pathmark 1764 Grand Avenue, Baldwin, NY

Pathmark 115 Belmont Avenue, Belleville, NJ

Pathmark 450 West Swedesford Road, Berwyn PA

Pathmark 2150 Middle Country Road, Centereach, NY

Pathmark 85 Ackerman Avenue, Clifton, NJ

Pathmark 895 Paulison Avenue, Clifton, NJ

Pathmark 50 Racetrack Rd & Route 18, East Brunswick, NJ

Pathmark 420 McDade Boulevard, Folsom, PA

Pathmark 651 North Stiles Street, Linden, NJ

Pathmark 1043 Route 9 North, Old Bridge, NJ

Pathmark 840 Cottman Avenue, Philadelphia, PA

Pathmark 85 Franklin Mills Boulevard, Philadelphia, PA

Pathmark 1256 Indian Head Road, Toms River, NJ

Pathmark 300 South Best Avenue, Walnutport, PA

Pathmark 3901 Lancaster Avenue, Wilmington, DE

Super Fresh 1301 Skippack Pike, Center Square, PA

Super Fresh 2105 Philadelphia Pike, Claymont, DE

Super Fresh 863 East Baltimore Pike, Kennett Square, PA

Super Fresh 1851 South Columbus Boulevard, Philadelphia, PA

Waldbaums 2 Westbury Avenue, Carle Place, NY

Waldbaums 3620 Long Beach Road, Oceanside, NY

Waldbaums 1510 Old Country Road, Riverhead, NY

Best Cellars/A&P Wine & Spirits 767 Pine Street, Bristol, CT

Best Cellars/A&P Wine & Spirits 57 Route 46, Hackettstown, NJ

Best Cellars/A&P Wine & Spirits 1069 Ringwood Ave, Haskell, NJ

Best Cellars/A&P Wine & Spirits 1103 Howard Blvd, Ledgewood, NJ

Best Cellars/A&P Wine & Spirits 45 Pearl Street, Metuchen, NJ

Best Cellars/A&P Wine & Spirits 25 Broadway Ave, Mystic, CT

Best Cellars/A&P Wine & Spirits 282 Elm Street, New Canaan, CT

Best Cellars/A&P Wine & Spirits 2400 Berlin Tpk, Newington, CT

Best Cellars/A&P Wine & Spirits 40 Fenn Road, Newington, CT

Best Cellars/A&P Wine & Spirits 28A Halls Rd, Old Lyme, CT

Best Cellars/A&P Wine & Spirits 534 Bergen Blvd, Palisade Park, NJ

Best Cellars/A&P Wine & Spirits 1205 Richmond Ave, Pt Pleasant, NJ

Best Cellars/A&P Wine & Spirits 46B Danbury Rd, Ridgefield, CT

Best Cellars/A&P Wine & Spirits 1237 East Putnam Ave, Riverside, CT

Best Cellars/A&P Wine & Spirits 23 Summit Ave, Summit, NJ

Best Cellars/A&P Wine & Spirits 117 Boston Post Rd, Waterford, CT

Best Cellars/A&P Wine & Spirits 30 Irvington Ave, Westwood, NJ

Food Emporium 2415 Broadway, New York, NY

Pathmark 35 Lackawanna Plaza, Montclair, NJ (lease rejected)

Pathmark 160 East 125th Street, New York, NY (lease rejected)

Waldbaums 81-21 N Utrecht Ave, Brooklyn, NY

Waldbaums 2149 Ralph Ave, Brooklyn, NY (lease rejectedf)

A&P 550 Myrtle Ave, Boonton, NJ

A&P 3101 Route 22, Patterson, NY

A&P 230 Saw Mill River Road, Millwood, NY

Notes: A&P officially closed all unsold stores in late November. It has received approval from the U.S. Bankruptcy Court to maintain control of all unsold stores until March 15, 2016 (presumably to create more value for creditors as opposed to those unsold stores reverting back to landlord control).