Skip navigation

City Boosts Offer to FreshDirect

NEW YORK — New York City is upping the ante to keep Internet grocer FreshDirect in town.

A newly posted public notice indicates the city is prepared to buy “vehicles, equipment and other assets” for the company’s use in a new 500,000-square-foot manufacturing and distribution facility in the Bronx.

That benefit would be in addition to a previous offer of an exemption from city real estate taxes; a deferral of city and state mortgage recording taxes; and exemption from city and state sales and use taxes for the new site, according to the notice published by the city’s Industrial Development Agency.

The revamped offer comes after New Jersey officials reportedly dangled $100 million in incentives for FreshDirect to locate in a facility in Jersey City. The company has outgrown its current facility in the Long Island City section of Queens.

A spokesman for the city’s Economic Development Corporation told SN Thursday that a dollar value on the new incentive package would be discussed at a public hearing scheduled for Feb. 9. FreshDirect was not immediately available for comment.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish