New Jersey attempts to lure Fresh Direct from NYC

TRD New York /
Jan.January 11, 2012 11:30 AM

The New Jersey Economic Development Authority said that the state has been trying to lure online grocery store Fresh Direct across the river from Queens, where it currently employs 1,800 people. The state is trying to entice the grocer with a $100 million package of tax breaks, land and other subsidies, the New York Times reported.

New Jersey’s effort comes only eight months after Governor Chris Christie’s administration offered a $200 million incentive package to the Hunts Point Terminal Produce Cooperative to move from the Bronx, the Times noted, a campaign that prompted Mayor Michael Bloomberg to accuse New Jersey of bribery.

“I don’t like the idea of one state bribing a business to come,” Bloomberg said last spring. “The trouble with that is the next state can do it, too. Anybody can get in that game, and pretty soon, it’s a race to the bottom. I don’t think anybody benefits.”

Erin Gold, a spokesperson for the New Jersey Economic Development Authority, who confirmed the news about New Jersey trying to lure Fresh Direct to leave New York, said: “We’re very comfortable with the incentive packages we used to attract companies,” she said.

New York state officials and the Bloomberg administration are reportedly countering with a deal that they hope will keep the company in New York.

 

Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

Trump tweets that he “may END” Obama-era fair housing regulation
Lemonade co-founders Daniel Schreiber and Shai Wininger

SoftBank-backed Lemonade raises IPO target to $319M

SoftBank-backed Lemonade raises IPO target to $319M
Scott Sandelin, Ben Potts, Michelle Bernstein, Felix Bendersky and Aaron Butler (Beaker & Gray, Twitter, F&B, Linkedin)

Restaurants, bars in a “scary situation” as restrictions ramp up

Restaurants, bars in a “scary situation” as restrictions ramp up
Brookfield CEO Brian Kingston

Brian Kingston on Brookfield’s long game

Brian Kingston on Brookfield’s long game
348 Court Street (Google Maps, Twitter/FDNY)

Building collapses in Brooklyn: FDNY

Building collapses in Brooklyn: FDNY
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...