Junior’s cheesecakes to bake in New Jersey

Iconic restaurant leaving Queens home for 100K sf site

TRD New York /
Apr.April 14, 2015 05:30 PM

Junior’s, the Downtown Brooklyn restaurant famous for its cheesecake, is fleeing rising New York City rents and moving its bakery operation to Burlington, N.J.

The industrial bakery will vacate its 20,000-square-foot space at 58-42 Maurice Avenue in Queens’ Maspeth neighborhood, its home for about 15 years, Crain’s reported.

“We can’t afford the real estate around here,” said Alan Rosen, the third-generation owner of the business. “New York is very interested in residential development, but commercial is tough, and it doesn’t make sense for a bakery to acquire that real estate.”

Its new home is much larger, at 100,000 square feet, and includes more refrigeration and freezers.

The restaurant will remain at its original location at 386 Flatbush Avenue, where it turned down a $45 million offer for the space last year. It also has outposts at Grand Central Station and in Times Square.

Recently, Streit’s Matzo Factory, a Lower East Side institution, announced that it would be leaving the neighborhood for New Jersey. [Crain’s] — Tess Hofmann

 

Related Article

arrow_forward_ios
Steve Croman and 566 Hudson Street (Credit: Google Maps, iStock)

Steve Croman sued over illegally deregulating apartments

Census tract 135 and Stellar Management's Larry Gluck (Credit: Getty Images and Stellar Management)

How a small stretch of land on the Far West Side became an Opportunity Zone

Crowdfunding platform launches $20M Opportunity Zone fund

Brookfield's Ric Clark and an aerial view of the Greenpoint Landing development site (Credit: Google Maps)

Three developers slapped on wrist for de Blasio donations

Rent reform is propelling a new wave of New York and California investors to Miami (Credit: iStock)

Rent reform in New York, California propels new wave of multifamily investors to Miami

Banks to revise Adam Neumann’s $500M credit line, another foreign investor is leaving NYC: Daily digest

Miami’s biggest condo developer is going micro

New York City investment sales in July 2019

arrow_forward_ios