Fine Fare Opens New Grocery Store in New York City
The new market at 21B Knolls Crescent brings 14 jobs to a previously vacant shopping strip.
Updated on Oct. 16, 2026 in Openings & Closings
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Fine Fare held a soft opening on October 7, 2026, at 21B Knolls Crescent in New York City. The new store replaces a former Rite Aid and offers fresh groceries to the neighborhood.
Why it matters
Local residents campaigned to revitalize the commercial space to provide walkable services for older adults and those living on fixed incomes. The effort follows a period of disinvestment that left the shopping strip vacant.
The store employs 14 people under a long-term 20-year lease agreement. It operates Monday through Friday from 7 a.m. to 9 p.m. and weekends from 8 a.m. to 8 p.m.
The players
Fine Fare
Fine Fare is a supermarket chain that has expanded into the Knolls Crescent shopping strip.
Friedland Properties
Friedland Properties is a real estate firm that serves as the landlord for the new 20-year lease agreement.
The details
The grocery store occupies the space at 21B Knolls Crescent that had been vacant since the local Rite Aid closed during the summer of 2025. Community members organized the Save Knolls Kappock Retail campaign in February 2026 to successfully secure the new retail presence.
Timeline
Summer 2025: The previous Rite Aid store closed.
February 2026: Community members began organized advocacy action.
October 7, 2026: Fine Fare held a soft opening.
November 2026: The store will host a grand opening.
March 2027: A pharmacy may open next door.
Market Landscape
This opening represents a shift away from the rise in commercial vacancies due to disinvestment in urban retail strips. By securing a long-term lease, the location repositions the shopping strip to compete with nearby retail hubs in Kingsbridge.
Residents gain access to a local, walkable grocery store that provides essential services for older adults and individuals on fixed incomes. The new store replaces a long-vacant site, improving retail availability for the immediate neighborhood.
The takeaway
The store opening demonstrates how organized community advocacy can successfully influence the revitalization of local commercial strips. Residents can now utilize the new walkable grocery services located at 21B Knolls Crescent.
What happens next
A grand opening ceremony for the store is scheduled for November 2026, followed by the potential opening of an adjacent pharmacy in March 2027.
Further reading
For more news about retail changes in the area, visit the New York City Openings & Closings section.
Source note: This article includes information reported by The Riverdale Press.
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