Thursday, May 2, 2013
The plans don't include any retail store at the site.
The former Getty on Washington Avenue in Washington Township could reopen as a BP, if the township Planning Board approves an application for the plan. Getty Properties Corp., which owns the site, agreed to lease 28 gas station properties in New Jersey and New York to BP of North America after Getty Petroluem Marketing went bankrupt. Fourteen other Getty stations have reportedly already switched to BP. Ted Foundopoulos, the former operator of the Washington Township Getty, previously told Patch that he was not going to continue with BP because he lost a $58,000 security deposit when Getty went bankrupt and BP wanted him to pay another $30,000 deposit to them. The Getty has been closed since February, and had no gas for weeks prior. …
Tuesday, February 26, 2013
Garage owner Ted Foundopoulos said he plans to take some time off and may open a new garage at a different location.
The Getty gas station in Washington Township closed this week. Garage owner Ted Foundopoulos previously told Patch he would be leaving the business because he lost of $58,000 security deposit when Getty Petroleum Marketing went bankrupt. There are plans to turn the station into a BP, but the company wanted an additional $30,000 security deposit for a 14-month contract, according to Foundopoulos. The Getty had been out of gas for weeks but Foundopoulos, a popular local mechanic, had continued operating the garage. Foundopoulos previously said he plans to take a month off to think about what he will do next, and hopes to find a new location for a garage. Have a question or news tip? Contact editor Jim Leggate at Jim.Leggate@patch.com, or …
Monday, February 4, 2013
Longtime garage operator Ted Foundopoulos will not be sticking around when the Getty becomes a BP.
A corporate bankruptcy has brought the end of the Washington Township Getty gas station and garage. The business will be shutting its doors by February 25, according to Ted Foundopoulos, the owner. Getty Petroluem Marketing (GPMI), the company which Foundopoulos had contracted with to operate the gas station, declared bankruptcy December 5. As a result, he lost a $58,000 security deposit on the site. Getty Realty, a separate company from GPMI which owns the property in Washington Township, signed a 15-year lease with BP for the site and 27 other Getty gas stations in New Jersey and New York. Foundopoulos said BP offered him the opportunity to continue running the station for 14 months once they take over, but he would have had to pay …
Tuesday, May 15, 2012
The Getty gas station on Washington Avenue has not had a delivery of gas for about two weeks but its garage is still open.
Ted Foundopoulos doesn't know what is going to happen to his business, the Getty gas station and garage at 615 Washington Avenue which has not had a shipment of fuel for about two weeks. "Nobody's telling us anything," Foundopoulos said. Foundopoulos was a tenant of Getty Petroleum Marketing (GPMI) and a sub-tenant of Getty Realty, a separate company which leases gas stations and convenience stores to distributors. Last December, GPMI filed for bankruptcy. Two weeks ago, a U.S. Bankruptcy Court judge in New York found the lease between GPMI and Getty Realty was void, allowing the real estate company to repossess 788 gas stations, including the Getty in Washington Township. Since then, Foundopoulos has received no new shipments of fuel — …
B@B
3:34 pm on Sunday, May 12, 2013
We try to take good care of him, Ritsa. (And Ted....boogers? Really? Was that necessary?) more ›