The Real Deal New York

Posts Tagged ‘clifton’


  • The site at 158 Mount Olivet Avenue and Newark Mayor Corey Booker

    Mayor Corey Booker is expected to announce a deal with Stamford, Conn.-based Pitney Bowes tonight, which signed a seven-year lease to relocate its international mail distribution center to Newark, a deal that will bring 180 jobs to the city and provide for another 25 new jobs over the next five years. Pitney Bowes agreed to lease 76,000 square feet of space at 158 Mount Olivet Avenue, an existing Urban Enterprise Zone location that includes 64,000 square feet of production space and 12,000 square feet of office space. The new facility will be used to sort 50 million pieces of international mail per year.
    UEZ was established by the state of New Jersey in 1983 to revitalize urban communities and stimulate growth by encouraging businesses to develop and create private sector jobs through investment. “This part of our business — a combination of international mail and the pre-sorting of domestic mail — has been a very rapidly growing part of Pitney Bowes,” said spokesperson Matthew Broder, in a telephone interview. “As the network has grown, we’ve been on a pretty constant search for facilities to keep up with it.” [more]

    Comments