Known as the “Kosher Costco,” Bingo Wholesale is establishing a presence in the Five Towns at the Burnside Commons Shopping Center in Inwood, with an anticipated opening on Feb. 12.
Bingo Wholesale, a joint business venture between Brooklyn-based Marav USA and Osher Ad, is a supermarket chain of 20 stores in Israel. The supermarket first made its way to the United States in 2016 when it opened in the Borough Park section of Brooklyn, followed by opening stores in Lakewood, New Jersey and upstate Monsey.
The grocery store will be housed in a 61,669-square-foot store, making it the largest tenant in the 100,219-square-foot shopping center owned by Urban Edge Properties.
“In a significant move facilitated by Schuckman Reality, Bingo Wholesale is poised to open its doors on Long Island on February 12th,” a news release from Schuckman Reality stated. “Bingo Wholesale’s expansion into Long Island reflects the company’s strategic growth. As a subsidiary of Israeli supermarket chain Osher Ad, Bingo Wholesale is renowned for its bulk supermarket model, often compared to a Kosher Costco.
“Edward Gottlieb, acclaimed for his expertise in shopping center leasing and sells, effectively represented both Bingo Wholesale and the landlord, Urban Edge, in this significant lease transition,” the newsletter added.
The site was last used as a Stop & Shop supermarket in 2020. Stop & Shop opened a 67,000-square-foot store in Woodmere at 253-01 Rockaway Blvd. in the Five Towns Shopping Center with an expanded selection of kosher products.
With a nickname that compares the chain to U.S.-based Costco, the difference between the two is shopping at Bingo will not require having to pay a membership, however, membership does give you access to in-store coupons.
“As times change, so do our needs,” Gottlieb wrote in an email, who is a longtime resident of Lawrence. “Today, we unveil Bingo Wholesale Supermarket as the highest and best use for this shopping center, promising to cater to the evolving demands of the Five Towns community.”
Departments include deli, meat, seafood, bakery, small appliances and other household goods that the membership chain warehouse offers as well.
Scott Auster, executive vice president and head of leasing for Urban Edge Properties, wrote in an email that there is a demand for a kosher grocer.
“Bingo Wholesale is an ideal fit for Burnside Commons as there is demand in the market for a large, daily-needs kosher grocer with great prices,” Auster wrote. “We look to match the needs of the communities we serve and complement the other offerings in each of our properties to create compelling reasons for our customers to visit often.
“Since announcing this tenant, leasing interest in our few remaining vacancies at the property has increased significantly,” he added.
Bingo joins a competitive kosher supermarket market with Amazing Savings in Lawrence, Gourmet Glatt in Cedarhurst and Woodmere and Seasons that has a store in Lawrence and two express locations in Lawrence and Woodmere.