You are reading

Payless Shoes to Close 31st Street Location, Future of Steinway Store Uncertain

22-44 31st Street (QueensPost)

Dec. 20, 2017 By Christian Murray

Payless Shoes, which filed for Chapter 11 bankruptcy in April, is closing its 31st Street store and the future of one of its two Steinway locations is uncertain.

The company, which announced earlier this year that it was closing about 900 of its 4,400 stores globally, reemerged from Chapter 11 in August after shedding $435 million in debt. The company has been battered by online competition, analysts have said.

The Payless store located at 22-48 31st Street is closing Jan. 3, according to workers, and the company’s lease at its 30-70 Steinway Street store ends in June 2018.

The building, where the 30-70 Steinway store is located, has just sold for $2.95 million, according to a press release put out by Cushman Wakefield the real estate brokerage firm. The property was sold by Schwab Realty and bought by Malachite Services, a Long Island-based real estate management and development firm.

Payless has made no announcement as to the future of this store.

The company also has a store at 31-73 Steinway. No information has been released about the future of that store.

30-70 Steinway, building sold for $2.95m Google Maps

email the author: news@queenspost.com

One Comment

Click for Comments 

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Op-Ed | Four years after Hurricane Ida, Queens deserves real climate resilience

Sep. 2, 2025 By Assembly Member Jessica González-Rojas

Four years ago, Hurricane Ida tore through our neighborhoods of East Elmhurst, Corona and Jackson Heights, leaving behind devastation we will never forget. We lost neighbors to the floodwaters. Families saw their homes destroyed, their basements wiped out, their lives upended. Immigrant families—so many of them undocumented—were hit the hardest, often excluded from relief altogether. Ida was not just a storm; it was a wake-up call.

Fall fun in western Queens: Your guide to the best seasonal events

Aug. 29, 2025 By Jessica Militello

With beach days and summer BBQs behind us, the start of September rings in the start of magnificent Fall foliage, Halloween and more fun activities that come with the start of Autumn, including a list of Fall events in the area. From apple picking to seasonal ciders and more, there is tons to explore in the community. From Mystic Markets to scary movie meet-ups and more, here is a list of Fall events you do not want to miss.

Astoria doctor sentenced to more than two decades in prison for rape and sexual abuse: DA

An Astoria doctor was sentenced to 24 years in prison on Thursday in Queens Supreme Court for raping unconscious acquaintances and sexually abusing hospital patients.

Dr. Zhi Alan Cheng, 35, of Broadway, pleaded guilty on June 30 to four counts of rape in the first degree and three counts of sexual abuse in the first degree in satisfaction of the consolidated indictments against him. He additionally entered an Alford plea to one count of sexual abuse. The defendant — a former gastroenterologist at New York-Presbyterian Queens Hospital — recorded the abuse of his unconscious victims with his cell phone in both his Astoria apartment and at the hospital.