September 30, 2020 - Mattone Investors announces the acquisition of the Fairway lease at the Roosevelt Raceway Center in Westbury, New York by BOGOPA, the operators of the Food Bazaar chain of supermarkets.
Several weeks ago, BOGOPA acquired the Fairway lease as part of the Fairway bankruptcy proceedings. A very smooth transition took place and the new Food Bazaar is now open and operating at Roosevelt Raceway Center. "We are very pleased that BOGOPA purchased this lease at our center" stated Michael X. Mattone, Chief Executive Officer at Mattone Investors. "We were aware that Fairway's difficulties were a result of company wide issues. There were many companies interested in this great location in the hub of Long Island retail and we knew it wouldn't be vacant for long. In addition, we have enjoyed a long and successful relationship with BOGOPA as they are our Tenants on Wyckoff Avenue in Brooklyn."
Shoppers at the new Food Bazaar will enjoy a fantastic array of both fresh and prepared food as well as the traditional grocery staples. There is an unparalleled selection of fresh produce, meat, and seafood as well as a wide variety of specialty items. All of these items are offered at true competitive prices. "I spent many years in the grocery business prior to joining Mattone Investors" stated Aaron Fleishaker, Executive Vice President. "Food Bazaar runs a beautiful, clean operation. I think the community is going to be thrilled with their offerings."