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P.C. Richard to Open 35,000-SF Fordham Square Store

NEW YORK CITY-The appliance retailer has signed a 20-year lease for ground-floor space at 2 Fordham Square, which is owned by a JV of Howard Parnes and the Jemal and Houlihan families.

By Glen Thompson | Updated on June 19, 2002

NEW YORK CITY-Big-box appliance retailer P.C. Richard has signed a long-term lease for a 35,000-sf store at 2 Fordham Square in the Bronx.

The retailer will take ground-floor space on the Grand Concourse side of the building, which was formerly known as the Alexander’s building and later the Caldor’s building. Terms of the 20-year lease are not being released.

The property is owned by Fordham Associates, a real estate investment group that includes principals Sam, Joe and David Jemal and James J. Houlihan, James G. Houlihan and Howard Parnes. Fordham acquired the property from Vornado in January 2001.

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