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FreshDirect to leave LIC

By amol on February 9, 2012

FreshDirect, the fast-growing online grocer whose expansion
plans sparked a border war between New York and New Jersey, isn’t
checking out of New York City, but it will be leaving Long Island
City, which it has called home since 1999.

Gov. Cuomo and Mayor Bloomberg announced Tuesday that the
grocer, which has outgrown the Queens headquarters, will move into
a 500,000-square-foot facility in Harlem River Yards in the
Bronx.

To enable FreshDirect’s expansion, state, city and Bronx
officials pieced together a $100 million package of tax breaks,
grants and loans.

The board of the city’s Industrial Development Agency will vote
on its piece of the city’s incentive package — adding up to $74
million in tax exemptions and another $15 million in other benefits
— on Feb. 14, and will hold a public hearing on Feb. 9 to discuss
the project.

In addition to grants and loans from the Empire State
Development Corp. and

Article source: http://www.qchron.com/news/western/freshdirect-to-leave-lic/article_bb142575-fd6c-5051-8f5c-7761aa59519b.html

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