Triarc (TRY) Arby's Signs Development Agreement To Develop 41 New Restaurants Throughout New York
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Triarc's (NYSE: TRY) Arby Restaurant Group has signed an agreement with Charles Chera of RCNY Restaurants, LLC for the development of 41 new Arby's(R) restaurants throughout the New York Metropolitan area over the next ten years.
The Chera family, third generation real estate developers and brokers in the New York metropolitan area, represents large landlords and tenants looking for retail space through their real estate company, R.C. Chera Realty Group LLC. Charles Chera started out in the retail business more than 30 years ago with his family operating mid-size department stores throughout New York City and New Jersey.
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