"Nobody likes to wait in line," said Marnette Perry, senior vice president of operations and strategic initiatives at Cincinnati-based Kroger. Getting shoppers through checkout as quickly as possible is key to building customer loyalty – cited by Kroger on Thursday as one reason earnings were up 9.6 percent in the three months ending May 25, compared with the same time a year ago. With 2%2C424 supermarkets%2C Kroger is nation%27s largest grocerĬINCINNATI - Kroger is touting a new number it says is winning shoppers and adding to the grocer's bottom line: A wait of just 26 seconds to start in the checkout lane, down from 4 minutes a few years ago.Faster checkouts boost customer loyalty%2C cited as one reason for increased earnings.
He recently closed on a $290 million purchase of the office building at 475 Fifth Avenue in Midtown. Those troubles haven’t sidelined Rosen, though. In 2020 he handed over control of the Lever House to Tod Waterman’s Waterman Interests and Brookfield after he got mired in a ground-lease dispute with his landlord at the property, the Korein family. The Gramercy isn’t the only trophy property that Rosen has had to give up. But they argued that a collective bargaining agreement governing the hotel prohibited him from voluntarily surrendering it. Rosen’s attorneys neither disputed that his company owed rent nor opposed the order of eviction. Solil has split their request for damages, laying out the $11.8 million figure and asking for additional “liquidated” damages that are yet to be calculated. Solil Management had sued to collect nearly $80 million in rent, but the judge in the case ruled that Rosen wasn’t personally liable for the sum. The ground lease on the property runs through 2078.
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Rosen’s RFR Holding acquired the hotel with longtime friend hotelier Ian Schrager in 2003 and took full ownership in 2010. While the judge ordered RFR off the property, the matter of damages is still left to be decided. Aby Rosen dodges liability at Gramercy Park Hotel.Aby Rosen’s Gramercy Park Hotel faces eviction.Solil Management sues to end RFR’s Gramercy Park Hotel lease.“Right now we cannot say to prospective tenants when we have any realistic expectation of being able to deliver the premises if we were to be able to enter into a new lease,” she added.Ī spokesperson for RFR, Roxanne Donovan, said, “Due to the impact of Covid and the terms of the lease, the tenant found it was no longer economically feasible to operate the hotel.” Goldberg said Solil’s attempts to replace Rosen have been hindered because he won’t give the firm access to show the hotel to potential tenants. “We believe the property is not being maintained and is deteriorating,” Janice Goldberg, an attorney for Solil at Herrick, Feinstein, said during a hearing last week. Solil sued in April last year seeking damages of nearly $80 million and to oust Rosen from the property at 2 Lexington Avenue, which has been stripped of furniture and artwork and left to collect building violations. The 190-room hotel, which featured Danny Meyer’s Italian restaurant Maialino and works by such artists as Jean-Michel Basquiat and Damien Hirst, shuttered its doors as the start of the pandemic in March 2020 and never reopened. Rosen was ejected this week from his lease controlling the hotel by the judge presiding over a lawsuit filed by his landlord, the Goldman family’s Solil Management. Aby Rosen and the Gramercy Park Hotel (Getty Images, GACE Consulting Engineers)Īby Rosen has officially overstayed his welcome at the storied Gramercy Park Hotel.
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