Monday, March 12, 2018

CED Clinic Helps Broker Important New Haven Lease

A client of the Ludwig Center for Community & Economic Development at Yale Law School was able to secure a new, ten-year lease extension for a Stop & Shop grocery store in New Haven as a result of the clinic's work.

Greater Dwight Community Investment Corporation (GDCIC) announced on March 7, 2018, that The Stop & Shop Supermarket Company LLC signed a ten-year lease extension for the store’s current space at 150 Whalley Avenue in Dwight Place, a shopping center. The new agreement begins in March 1, 2019. Anthony Schaffer of C.A. White, Inc., who has managed Dwight Place for over twenty years, brokered the lease extension.

Student members of the Ludwig Center for Community & Economic Development have provided legal guidance to GDCIC since its inception. The Clinic worked closely with GDCIC on the 1996, 2011, and 2013 leases, as well as this new ten-year grocery store lease renewal.

Stop & Shop has operated a full-service grocery store at Dwight Place since 2011. The store provides affordable, high-quality food and goods to residents and anchors Dwight Place. The supermarket was a priority of the original Greater Dwight Neighborhood Plan of 1996, developed with the participation of over 300 neighborhood residents and their institutional and business partners, including Greater Dwight Community Investment Corporation, Yale University, the Hospital of St. Raphael, the Local Initiative Support Corporation Retail Initiative, the Whalley Avenue Special Services District, the City of New Haven, and the State of Connecticut. A Stop & Shop gas station opened at the site in 2013.

“We are very excited that Stop & Shop will continue to be part of our community,” said Linda Townsend Maier, President of the Greater Dwight Community Investment Corporation, which operates Dwight Place. “The store not only provides New Haven with fresh food, but also creates jobs and helps our organization address neighborhood priorities of education and sound nutrition. It is a vital part of the quality of the City’s life.”

Greg Conyers ’19, a student in the Community & Economic Development Clinic at Yale Law School, said “Clinic students have worked with GDCIC since 1996 to ensure that the shopping plaza remains a valuable asset for the community. We are thrilled that Stop & Shop will continue to run a full-service market in central New Haven.”

The Ludwig Center for Community & Economic Development (CED) provides transactional legal services to clients seeking to promote economic opportunity and mobility. CED’s clients include affordable housing developers, community development financial institutions, farms and farmer’s markets, fair housing advocates, and neighborhood associations.