Bingo Wholesale has shelled out $50 million for a sprawling industrial property at 18 Warsoff Place in Bedford‑Stuyvesant, lining up a potential new home that sits significantly closer to Crown Heights than the chain’s current Boro Park outpost. The purchase clears away years of legal wrangling over the site and hands the company a property with serious redevelopment potential, although company officials have not yet offered a construction timeline or projected opening date.
According to CrownHeights.info, the deal was completed through Norworth Holdings LLC after a protracted legal dispute. The outlet reports a $50,000,000 price tag and notes that the property includes a nearly 70,000‑square‑foot industrial condominium unit, along with additional development rights that bring the total buildable area to more than 215,000 square feet. CrownHeights.info also reports that members of the Follman family executed multiple internal transfers to finalize the sale and that one relative attempted to block the transaction over concerns about the valuation.
Public property records list 18 Warsoff Place as a warehouse and industrial parcel fronting Flushing Avenue, with the existing building cited at roughly 78,349 square feet, per PropertyShark. Bingo Wholesale currently lists its Brooklyn store at 1245 61st Street in Boro Park, which makes the Warsoff location a noticeably shorter haul for many Crown Heights shoppers eyeing a bulk buy.
What It Could Mean for Central Brooklyn
The acquisition positions Bingo to expand kosher shopping options across central Brooklyn and could be a particular draw for Crown Heights families who now trek to Boro Park for big stock‑up runs. A November 2025 report on earlier plans for the Warsoff site found mixed community reactions, with some residents enthusiastic about the prospect of lower prices while certain small grocers worried about intensified competition, according to Williamsburg365. Local merchants and nearby residents will likely keep a close eye on permit applications and any outreach from the company once Bingo is ready to reveal concrete development plans.
Sale Tied Up by Family Litigation
The CrownHeights.info coverage notes that the sale was bogged down for years in a family dispute over how the property should be valued and who had veto power over a deal, a fight that played out in court before multiple internal transfers eventually cleared the path for Bingo’s holding company to close. With those court battles resolved, public purchase records and future city filings will be the best guide to what comes next for the Warsoff site. For now, the completed sale stands as the clearest sign yet that a sizable new kosher retail anchor may be headed to central Brooklyn.
Until building permits and project plans show up in city databases, neighbors, elected officials and small business owners are left weighing the potential upside of cheaper groceries against the traffic, noise and competitive pressure that can trail a large supermarket into the neighborhood.
