MILLWOOD, N.Y. -- The Millwood location for bankrupt grocery chain A&P is slated to close in the near future.
Signage declaring that the store will close soon is plastered across the front of the building, although a date for the closure is not given.
The A&P store is located at Millwood Plaza, a major shopping center in downtown Millwood that is located at the intersection of Routes 133 and 100.
The impending closure comes as prospective store buyer Jaime Luna is considering abandoning his $2.4 million proposed purchase.
Luna's purchase attempt is through his company, Millwood Merchant, LLC. He received the purchaser status from his brother, Ruben, who won a bankruptcy auction for the store in early October. Ruben Luna bid for the store as an individual and not through a corporate entity.
Harlan Levine, Luna's attorney, expressed doubt that his client will proceed. He said that while the purchasing bid has not been definitively dropped, it looks like it will not go forward.
P. Daniel Hollis, attorney for shopping-plaza owner Millwood Center, LLC, told Daily Voice that he was informed on Luna's behalf that the bid was not continuing.
"They just told me they weren't going forward," he said.
The landlord and Luna were in a disagreement over providing a guarantee of assurance, which is a document promising a certain threshold of future financial performance. Millwood Center has sought an assurance guarantee in connection with a bid to refinance its mortgage. Hollis, however, said that the guarantee was not cited as a reason for Luna's change when he was briefed.
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