What’s News, Breaking: Monday, July 10, 2023
NEW LIDL SUPERMARKET COMING TO CROWN HEIGHTS
CROWN HEIGHTS — A branch of the supermarket chain Lidl will be coming to Crown Heights after commercial mortgage broker Eastern Union announced on Monday that it had secured a $62 million loan to construct the new mixed-use building that will house Lidl’s 33,000 square-foot space. The complex will also include 57 apartment units and areas for other retail tenants, as well as a large community space.
Lidl first inked the deal for the Bedford Avenue space in July of last year, representing the biggest retail leasing of 2022, according to the Real Deal; the second-place spot was also taken by Lidl for a Park Slope store, as the European chain seeks to break into the U.S. market.