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Best-Laid Plans of Best Value Nixed Again

May 17, 2007 By:
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Attempts to reopen the Best Value Kosher Meats supermarket, which closed up shop in January after operating for 20 years on Bustleton Avenue in Northeast Philadelphia, have ground to a halt.

According to the property's Brooklyn-based landlord, Goldmont Realty Corp., several perspective entrepreneurs expressed an interest in running the store, but all of those deals fell through.

"There is no one who has serious interest in reopening as far as I know, and we would have to know," said Sam Brown, a commercial realtor at Goldmont. "We still would offer it to someone who was interested."

In December, longtime owner Ira Feldman surprised many customers when he announced plans to shut down come the new year.

But then, food distributor Uri Peled stepped in with plans to keep the kosher market going. Peled and Feldman reached an agreement of sale, but according to several sources, the deal was nixed by the building's landlord.

"Ultimately, at the end of the day, we did not offer him the lease," said Brown, who added that Peled was, in fact, serious about opening the business, though several factors, which he did not specify, affected the company's decision not to lease.

Jacob Levy, owner of the New Jersey butcher shop Cherry Hill Kosher, also had his eye on the business.

Several months ago, Levy said that he'd purchased some of the equipment from Best Value, and hired three of its employees. He said that he would either reopen the shop after Passover, or open another kosher market on the Pennsylvania side of the Delaware.

But the holiday came and went, and the Levys -- a husband-and-wife team who run the Jersey establishment -- have abandoned their plans in Philly all together.

"No, we are not opening there. We're not doing anything," said Ilana Levy. She didn't provide a reason, only adding that "we are just going to stay here in Cherry Hill."

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