Market Watch

Potential Food Emporium Buyers Lining Up

Suddenly a popular kid.
Suddenly a popular kid. Photo: The Food Emporium

Last week, news came out that the A&P-owned; Food Emporium chain is for sale, for the second time since 2010. And it turns out lots of people are interested, as Crain’s has it, including Gristedes owner John Catsimatidis. Evidently, this is mainly owing to the chain’s sixteen Manhattan stores — with Fairway, Trader Joe’s, and Whole Foods expanding on the island, a grocery store is something of a hot Manhattan real-estate commodity right now. Which is great news for some of us but probably stings if you live in Windsor Terrace. [Crain’s]

Potential Food Emporium Buyers Lining Up