Key foods logo8/14/2023 ![]() “And then we found out in the lease they were given a restrictive covenant against a supermarket. “I read it in the Astoria Post in April of 2018 and it was my first awareness of the fact that Jenel signed a lease with Target,” Mandel said. Mandel told the Eagle that the landlord’s agreement with Target came as a surprise considering that the store has always been a “model tenant.” He said that he didn’t find out that the building owner had given Target the lease until he read it in the news. ![]() “Target operates four stores in Queens County and we know there is still an opportunity to meet the needs of local guests with additional locations,” DeBuse added. Small-format stores are about one-third the size of a regular “big-box” Target store, and adjust the merchandise to meet the needs of local residents, DeBuse said. Target also plans to build a store in Jackson Heights by 2020, she said. Target spokesperson Jacqueline DeBuse confirmed that the company is planning to open a “small-format” store in the 47,000-square-foot space by 2022. “If they want Target upstairs and we remain where we are, that is a realistic compromise.” “If we could get our lease renewed at a market rate, and if the community could live with that type of density and very intense use of that property, we’re realistic about it,” Mandel said. ![]() Mandel’s Key Food may face an even bigger problem: The memo with Target includes a restrictive clause that prevents the development of a pharmacy, convenience store or supermarket measuring 1,000 square feet or more within the same property, according to a section of the memo obtained by the Eagle. Jenel Management serves as the building’s landlord. Property owner Ditmars 31st Street Associates LLC has yet to renew Key Food’s lease after signing a memorandum with Target in March. Key Food to stay at its current location, despite the landlord’s plan to evict the grocery store and redevelop the building to make way for a Target. Lawrence Mandel, chairman of MAN-Dell Food Stores, Inc., told the Eagle that he’d like the 31st St. The owner of an Astoria Key Food wants the grocery store to remain in the vibrant community it has called home for nearly 50 years - even if it means sharing the space with a Target.
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