Meet the new boss – same as the old boss! The Brooklyn Eagle reports that CVS will be moving into the Rite Aid space at 168 Montague Street. The latter relocated to 101 Clinton Street last month.
So what about those TWO other CVS stores in the area?
Brooklyn Eagle: CVS top brass clearly doesn’t feel like three’s a crowd. There are already CVS stores at 156 Henry St. in Brooklyn Heights and in nearby Cobble Hill at 150 Court St.
“There is no change to our existing locations,” DeAngelis said.
Publicly held CVS Caremark, which is based in Woonsocket, R.I., is America’s largest pharmacy health care provider. It has about 200,000 employees in 45 states, the District of Columbia and Puerto Rico.
The storefront where the drugstore chain is moving is big by Montague Street standards — which means it wasn’t a good fit for some types of tenants that would otherwise work well on Brooklyn Heights’ most sought-after retail corridor.
“It is a tough size, likely a bit large for a local restaurant operator and/or local clothing boutique,” said another real estate source.
The Eagle more information than you can shake a stick at about this switcheroo here.