Wednesday 29 January 2020

Fairway landlord: Private-equity owners ruined Red Hook store

The landlord of the Fairway Market in Red Hook vowed to “immediately” look to replace the supermarket with another grocery store if the bankrupt company shuts it down as expected in the next few months. Gregory T. O’Connell, managing partner of the O’Connell Organization, said he and his family initially hoped that Fairway would provide Red Hook with jobs and affordable food. For years, it did exactly that, but then new ownership took over the



source https://therealdeal.com/2020/01/29/fairway-landlord-private-equity-owners-ruined-red-hook-store/

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