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New York

New Jersey tries to lure Bronx wholesale market

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Newark, NJ, is trying to draw the Hunts Point wholesale produce market from its current location at Halleck and Spofford streets in the South Bronx. Newark Mayor Cory Booker is offering the market space where it could build an $800 million terminal. The market has spent seven years trying to renegotiate its $5 million annual Bronx lease with the city. The city is currently working on countering Newark’s offer, city officials said.