DOLLAR BILL’S TO CLOSE ITS DOORS
NEW YORK — Dollar Bill’s is finally spent.
The off-price store, known for its selection of top-tier European and American designer merchandise, had been a fixture of the Grand Central Terminal neighborhood for about 20 years. It is closing its doors and going out of business within the next eight weeks.
“The building is being torn down, and we were unsuccessful in finding a new location,” said Bruce Kleinman, a vice president at A&E Stores in Teterboro, N.J. According to Kleinman, A&E Stores, which owns Strawberry, Chuckles and Bolton’s, is linked to Dollar Bill’s because “the owners are affiliated.”
Kleinman said he did not think there would be other Dollar Bill’s, but he referred further questions to Maurice Ades, who he identified as the owner. Those calls were not returned.
Dollar Bill’s had a two-level location in Grand Central Terminal for several years, but was forced to move when the station underwent its multimillion-dollar renovation, completed two years ago. The store moved across the street to its current 14,000-square-foot location at 32 East 42nd Street.