RED BANK: WALGREENS RETHINKS STORE PLAN

rassas 032214The former home of Rassas Buick, at Broad Street and Rumson Place. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

HOT-TOPIC_01Just six weeks after a series of contentious hearings won Walgreens an OK to build a store in Red Bank, the pharmacy chain is “reviewing [its] options” on the plan, redbankgreen has learned.

So says Aaron Rassas, the retired car dealer who owns the one-acre Broad Street site where Walgreens planned to build a 10,120 square foot drug-and-grocery emporium.

“Walgreens is reviewing their options. There’s really nothing else I can say,” Rassas told redbankgreen Friday.

Rassas said the information came from Marc Steinberg, the principal in Mark Development Co., which sought the approvals under contract with Walgreens and has done the same for other Walgreens stores.

Steinberg could not be reached for comment. His land use lawyer on the project, Marty McGann, said he was unaware of any reconsideration by Walgreens.

A call to the Walgreens corporate press office in Deerfield, Illinois was not immediately answered Friday afternoon.

Earlier this week, Walgreen Company announced plans to close 76 stores in the second half of the year. It also said it planned to end the year with 55 to 75 more stores than when it began. Walgreens operates 8,681 locations nationwide.

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