A foreclosure auction scheduled for this morning was called off, according to store owner Arnie Fainman, who is renting the space from property owner the Jaffe Group.
Fainman wouldn’t say why the auction was called off, other than to say he will continue operating the store that has been at the corner of Old Georgetown and Greentree Roads for nearly 90 years.
A few local restaurateurs, including Bezu and Aroma owner Eddie Benaim, were on-site this morning before being told the auction was off.
For now, Fainman said the property still belongs to the Jaffe Group. The store is recognized as a historic place by Montgomery County.