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Vacant Storefront on Broadway and West 87th Street

I've written in the past about the fate of the storefronts at the north west corner of west 87th St at Broadway. The space has been vacant since July.

I first wrote about it when I found out the Malaysia Grill, Broadway Fruit & Vegetable and Hot & Crusty Bakery were being forced out of business and a Walgreens would be renting the space. Say No to DRUGS store chains and aagin in September when I heard that Walgreens backed out. Upper West Side Update: No Walgreens on Broadway


It turns out the retail space is owned by two New York families associated with the famous Jewish food emporium and NYC landmark Zabars.

Murray Klein and the Zabar brothers, Stanley and Saul, bought the building at W. 87th and Broadway 20 years ago. Murray died last year and his share in the building went to his wife Edith and son Roger.

According to Roger Klein, a gastroenterologist in NJ, it's an investment, and they're not in the market to get top dollar for the space. "We obviously have expenses to pay, and we want to have a profitable business, but we have the community to mind, too," he said. "It's not lost on us that whatever goes into that space is part of the community.

The owners are asking $225 per square foot (the median price in the area between 72nd & 87th is $327). They're looking for something non-food related and not already in the neighborhood, citing Uniqlo, Paragon, Ricky's or Morris Bros.

Broker Christine Emery, senior managing director of LANSCO Corporation, says the landlord will NOT take a bank. "We will not take a bank. Period." Kudos to two great Upper West Side families the Klein's and Zabars'.

Read the complete story by Jerry Portwood at the NY Press blog: Empty UWS Storefront's Owners (and Their Agenda) Revealed

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