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New York City Region, Expansions and Contractions Last Updated 05/19/2016

Expansions and Openings

May 2016 

Bronx County  

None

Kings County  

Alamo Drafthouse, the multiplex cinema/restaurant operator, is set to open its first NYC location this summer. The chain already has a site in Yonkers. First announced four years ago, the movie theater—known for their no talking/texting ads—will open in Downtown Brooklyn. The Austin-based company announced the news, noting that construction at their 445 Gold Street location is almost complete.  The theater will be located right by Brooklyn's MetroTech and Borough Hall, an area severely lacking in quality cinemas.

Gap Inc., has signed up for 20,000 square feet at Industry City, joining a growing list of big names at the sprawling Sunset Park, Brooklyn industrial complex. The clothing retailer signed a 10-year lease to take space in Building 4 at 88 35th Street at the six-building complex. Gap will use its space as a photography studio and to produce marketing materials. Furniture and home goods retailer West Elm uses its space at Industry City for similar functions. Other major companies like media giant Time Inc. have also taken space at the complex. In February, the Brooklyn Nets opened its new state-of-the art training facility at Industry City. . Gap will join bathing suit maker Malia Mills, outdoor menswear brand Ball and Buck and the designer label Rag & Bone.

New York County 

ABC Studios is moving an existing hour-long series, drama Quantico starring Priyanka Chopra, to the Big Apple. Quantico, which is set partially in New York, featuring such city landmarks as Grand Central, shot its pilot in Atlanta before heading to Montreal where the first season was filmed. (Quantico already has been renewed for a second season). ABC Studios and New York already are in business on the blockbuster Marvel series package for Netflix. The 22-episode Season 2 of Quantico is expected to generate an estimated $68 million in New York State spending, creating at least 300 full-time local jobs. ABC Studios is not only moving the filming location — all aspects of production, including the writing team, will be based in New York. Filming is set to begin in July, and post-production will continue through May 2017.

The online spectacles retailer Warby Parker will open one of its rare bricks-and-mortar stores in Grand Central Terminal. The eyeglass retailer hopes those waiting at the busy transit hub will stop and check out prescription, sun or fun frames. The 1,357 square feet will carry their entire line to grab and go with prescription orders shipped within days. The company was founded as an online company in 2010 to provide quality eyeglasses at an affordable price. Its first store opened at 121 Greene St. in Soho in 2013 and there are now 23 stores.

Pirch, the high-end home appliance store known for letting its customers take a shower or heat up some eggs on premises, is opening a flagship in New York . The  32,000 square-foot showroom will open in SoHo May 21.

Queens County 

J. Crew has sewed up about 60,000 square feet at The Factory in Long Island City for its Madewell division. The 10-year deal includes 17,433 square feet on the fourth floor as well as half of the super-special 10th-floor penthouse. The plan is to add as many as 183 jobs over the next five years. The retailer will be moving Madewell from Vornado Realty Trust’s 770 Broadway at Astor Place, where rents are busting $100 per square foot and floors are getting gobbled up by Facebook. The 1920s Factory was originally built for Macy’s and, coincidently, that retailer has now returned with a lease for 150,000 square feet. Ralph Lauren, Gwynnie Bee and United Health are other Factory tenants.

Richmond County   

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April 2016

Bronx County  

None

Kings County  

The owners of Central European-style beer garden Bierocracy in Long Island City may be looking to tap into the Brooklyn market, with a space as big as 35,000 square feet. Prague-based investor Marek Chatrny and his partners have been scoping out Brooklyn properties for a large second outpost as an early step in a large international expansion. In November, the first Bierocracy beer hall opened at 12-23 Jackson Avenue in Queens, occupying 8,500 square feet. That venue’s ground-floor space spans 4,000 square feet. But the beer garden in Brooklyn could be significantly larger, with Bierocracy seeking between 10,000 and 35,000 square feet.

For years NYC has been promised an Alamo Drafthouse, and now its first is set to open this summer. Good news for those who want the unique movie-going experience but don't want to go to Yonkers. First announced four years ago, the movie theater—known for their no talking/texting ads—will open in Downtown Brooklyn. The Austin-based company announced the news noting that construction at their 445 Gold Street location is almost complete. The theater will be located right by Brooklyn's MetroTech and Borough Hall.

Coney Island's new amphitheater is bringing top-notch musical acts to the beachfront community along with 200 new jobs. Job seekers can apply for posts ranging from security guards and bar-backs to cooks and ushers at a four-day recruitment event at MCU Park. City officials said people can also apply and interview for another 600 jobs at Luna Park, Deno’s Wonder Wheel Park, Nathan’s and other local businesses.

New York County 

Trader Joe’s plans to open a new supermarket on the Upper West Side of Manhattan. The store would occupy about 20,000 square feet across the ground floor and lower level at 670 Columbus Avenue, located between West 92nd and 93rd streets.

The Washington Post has leased a new office in the Flatiron District of Manhattan, a space that will eventually consolidate two other offices the newspaper operates and become the New York City headquarters. The Washington Post has two other offices in the city – one in the West Village and one in Midtown, and will eventually move employees from those offices to the new Flatiron office, eventually housing 60 employees across business, news, technology, engineering and design departments. The newspaper took the space to make room for growth amongst its departments and the offices will also feature a liveshot for New York-based journalists to join broadcast outlets.

Financial research firm Third Bridge is doubling its footprint in Manhattan by taking over the full-floor space at the 40-story office tower, located between West 39th and West 40th streets. The company has expanded rapidly from fewer than 10 employees in 2012 to more than 100 currently and plans to hire as many as 100 additional staffers in the coming year.

The Spanish fashion chain Zara opened its ninth NYC location in the SoHo neighborhood of Manhattan. Its newest shop is its first to have dressing rooms that feature touchscreens for store-associate assistance, and sizing and availability information for clothing items.

The luxury-goods retailer Bottega Veneta opened its third city location, on the Upper East Side of Manhattan. The temporary shop offers men's and women's leather goods, ready-to-wear, jewelry, shoes and fragrances. The company’s permanent New York City flagship will open on Madison Avenue in mid-2017.

Hotelier Sam Chang is partnering with international lodging chain Marriott on five new, ground-up hotel projects across the city. The projects include a one in QUeens and four in Manhattan - a 225-room Marriott Fairfield Inn opening in July at 538 West 58th Street, a 113-room TownePlace Suites by Marriott opening next year at 326 West 44th Street, and a 190-room Fairfield Inn & Suites by Marriott opening next year at 100 Greenwich Street.

Brooklyn Fare, the grocery store with Brooklyn’s only three Michelin-starred restaurant at its Downtown Brooklyn location, has signed a lease in the West Village. This will be its third store in New York City and second Manhattan location. The store will occupy approximately 14,000 s/f at 666 Greenwich Street, a ten-story mixed-use building totaling 500,000 s/f and 479 residential units.  Also known as the Archive, the property is owned by Rockrose Development Corp. Brooklyn Fare is scheduled to open the new West Village location in the spring of 2016.

Queens County 

Hotelier Sam Chang is partnering with international lodging chain Marriott on five new, ground-up hotel projects across the city. The projects include a planned 350-room Marriott at the JFK International Airport (no projected opening date yet).

Richmond County   

The plan to open a BJ's Wholesale Club in Mariners Harbor on Staten Island also includes two other large-scale commercial structures that can house either retail or restaurants. BJ's Wholesale Club has signed a lease to occupy 90,000-square feet of an approximately 190,000-square-foot building, and operate a gas station on the site. In addition to the main building, there will be potentially two others - 14,500 square feet and another at 15,400 square feet. The property would 840 parking spaces. Construction is slated to commence in 2017.

March 2016 

Bronx County  

None

Kings County  

Brooklyn Brewery is looking at the Navy Yard and Industry City as another potential spot for its brewing operations. Large complexes like Industry City and the Navy Yard are focusing on bringing in manufacturers such as Brooklyn Brewery that have production facilities and provide consumers a chance to experience product creation. The brewery currently has space in Williamsburg where it still has nine years left on its, but given that neighborhood’s rising rents, doesn’t expect to be able to renew the lease. Earlier plans to build at a site on Staten Island fell through.

Transcontinental Inc., a Brooklyn-based food packaging firm, halted its plans to move to the Midwest after the city offered it more than $2 million in tax incentives. The company planned to take its Ultra Flex manufacturing plant and 260 jobs to Missouri when the NYC EDC stepped in and offered the firm a sales tax waiver on new machinery as well as a property tax abatement. As part of the deal, the firm also promised to add 50 jobs to its East New York facility.

New York County 

Salesforce.com Inc., the developer of cloud-based business software, said it will take space at 3 Bryant Park, a 41-story office tower in Midtown Manhattan. Under the deal, the building would be renamed Salesforce Tower New York, and the company’s logo would replace that of MetLife Inc. at the top of the property after the insurer leaves the building. The company issued a statement earlier saying that it intends to conduct a major expansion effort in NYC, creating “…the big hub for that entire region around New York and the Eastern Seaboard.” Exact job impact for the city hasn’t been announced yet. 

Workplace learning and tech company Grovo has signed a lease for 70,000 square feet of space at 50 W. 23rd St. in Manhattan. The company is relocating from its headquarters at 3 Park Ave. where it currently occupies 29,000 square feet of space. In the past year Grovo doubled its workforce from 100 to more than 200 employees. The current relocation, which is scheduled for the fall of this year, allows the company to continue expanding in the city, close to the location of many of its customers.

Brooklyn Fare, the grocery store with Brooklyn’s only three Michelin-starred restaurant at its Downtown Brooklyn location, has signed a lease in the West Village. This will be its third store in New York City and second Manhattan location. The store will occupy approximately 14,000 s/f at 666 Greenwich Street, a ten-story mixed-use building totaling 500,000 s/f and 479 residential units.   Brooklyn Fare is scheduled to open the new West Village location in the spring of 2016.

Queens County 

None

Richmond County   

Matrix Development Group, a New Jersey-based developer and investment firm, is in the process of purchasing more than 200 acres of industrially zoned land -- formerly earmarked for an 82,500-seat NASCAR racetrack before it was derailed by public skepticism and political opposition -- in the West Shore Green Zone. Two hundred of the site's approximately 650 acres has been remediated by Staten Island Marine Development (SIMD), which owns the property and will be selling it to Matrix for development of an industrial park. The site's location nearby New York Container Terminal makes it a prime site for light manufacturing uses. The site is already in a manufacturing zone. The developer does not plan to seek any government funding or grants to complete the project. The first phase of the project includes two warehouses of 975,000 square feet and 450,000 square feet, including 5,000 to 10,000 square feet of office space. Both buildings can include several tenants.   In addition to at least 1,600 construction jobs over the course of two years that will be created to build the project, the developer estimated that at least 1,800 jobs, from assembly to light manufacturing positions, could be created.  

February 2016 

Bronx County

Doran Jones, a technology outsourcing company based in the Bronx, is reimagining the idea of offshore staffing by running a profitable business using local NYC employees. Last September, Doran Jones opened its 15,000-square-foot IT facility in partnership with Per Scholas Inc., a national nonprofit that teaches tech skills to people in economically disadvantaged neighborhoods. Approximately 80% of Doran Jones’ staff came from its training program with Per Scholas, and the company currently hires about a third of the program’s graduates. Doran Jones' proximity to Midtown Manhattan makes it an attractive alternative to offshore outsourcing and by keeping its investment costs relatively low and maintaining company ownership, Doran Jones provides a cost-competitive alternative to offshore firms. The company is looking to grow to 150 employees by mid-year, and to 450 workers by late 2016.

Kings County  

A Los Angeles-based advertising firm 72andSunny is opening in a former coffee warehouse in Dumbo, Brooklyn. The company has reached a deal to take about 50,000 square feet at Empire Stores, a 150-year old warehouse that is being converted into 400,000 square feet of high-end office and retail space by a partnership led by investment firm Midtown Equities. 72andSunny currently has 13,000 square feet at an office building south of Union Square in Manhattan. Midtown Equities is in the process of redeveloping Empire Stores and plans to finish the complex by June 2016.

New York County 

General Growth Properties signed a lease with luxury branch Coach to open a flagship store at 685 Fifth Avenue. Coach said the opening of a Fifth Avenue flagship was timed to coincide with the brand’s 75th Anniversary which is this year. The retail space dedicated to the Coach brand will be designed by executive creative director Stuart Vevers in partnership with William Sofield, designer and president of Studio Sofield. Throughout the three-level flagship will be a mix of custom-designed cabinetry with vintage and bespoke furniture and objects. Coach didn’t specify the exact timeline of the store construction and opening dates.

Nordstrom signed a deal for an expansion of its first NYC full price store. The company has signed a 23-year, 43,000 s/f lease to anchor three levels of retail space at 3 Columbus Circle. The transaction involved a series of lease modifications and relocations, including the buyout of the corner bank branch in advance of lease expiration. The new extension will open in 2017.

Rapidly-growing ad agency Droga5 is more than doubling its presence at 120 Wall St. in lower Manhattan. The company, which currently occupies 97,000 square feet on six floors of the 34-story tower, has signed a lease for an additional 110,000 square feet at the 650,000-square-foot tower.

Eataly is slated to open its 42,000-square-foot space in 4 World Trade Center by late summer, along with other eateries, including Choza Taqueria, which is opening its fifth location.

Choza plans to open three more locations in the next 15 months on the Upper East Side, the Upper West Side/Columbus Circle and Hudson Yards

VTS, a commercial real estate company will stay in New York City in exchange for up to $2 million in state tax credits. The company has promised to retain the 86 jobs it already has in Manhattan and add another 200 over the next five years.

Namely, a human resources, benefits, and payroll services provider, raised another $30 million to fund its expansion in NYC. The funding is a follow-on round of the $45 million effort last June. Altogether, Namely has raised $107.8 million since its founding in 2012 in a niche that the company calls unique – providing a unified HR services platform for mid-size organizations employing between 20 and 2000. In addition to its core strategy of offering clients employee profiles, time-off tracking, and reporting, the company is growing its offerings rapidly. After adding a payroll processing option to its clients a year and a half ago, the firm now processes $2.5 billion in annual payroll on behalf of its clients. Namely has recently doubled its office space and plans to increase its professional staff by about 50 positions from the current 200.

Workplace learning and tech company Grovo has signed a lease for 70,000 square feet of space at 50 W. 23rd St. Grovo inked a 10-year lease on floors five, six and 12. The company is relocating from its headquarters at 3 Park Ave. where it currently occupies 29,000 square feet of space. In the past year, Grovo has grown annual recurring revenue by 400% and has doubled its workforce from 100 to more than 200 employees. The relocation scheduled for the fall of this year follows the company’s $40-million Series C financing announced last month.

Queens County 

None

Richmond County   

The ShopRite supermarket in Charleston is scheduled to open in spring 2016. ShopRite spokeswoman said she anticipates the store opening sometime between March and May of this year. The supermarket will be located at 2449 Veterans Road West and will be approximately 63,000 square feet.

 

January 2016 

 

Bronx County

None

Kings County 

None

New York County 

Datadog, NYC-based software service provider announced that it has raised $94.5 million in financing which the company plans to use to develop new products and expand internationally. Datadog’s technological expertise enables companies to monitor how their software operations are performing on remote servers like those provided by Amazon Web Services. Its roster of clients includes Netflix, Spotify, and Airbnb. Over the past year, Datadog has grown its New York City headcount to about 90 from 75. It expects to double the number of local employees in 2016. The new hires will be in research and development, and sales and marketing.

WPP-owned media agency giant GroupM completed a lease for a 170,000-square-foot expansion at the 3 World Trade Center tower. It’s the largest new office commitment at any World Trade Center building since GroupM’s original 520,000-square-foot lease in December 2013. The deal bodes well for the company’s future hiring plans as it expands its lease in the 3 World Trade Center for the second time.


Dropbox, a cloud computing and storage company, is moving to a new office in midtown south. The company signed a 31,270-square-foot lease at 50 W. 23rd St., taking the 13-story, 340,000-square-foot building's entire fourth floor. The deal stretches for five years and comes with a renewal option that Dropbox can use to extend its stay for an additional five years. The lease is a big expansion for the company, which currently has about 12,000 square feet.


Coffee shops continue to be the most popular type of business in NYC as both Starbucks and Dunkin Donuts expanded their footprint by 27 and 32 respectively last year. In addition, Starbucks is Manhattan’s most frequently seen retailer, with approximately 220 locations in the borough while Dunkin Donuts is the biggest retailer overall in NYC, with 568 locations spread across the five boroughs.

Queens County 

None

Richmond County   

Broadway Stages, a Brooklyn-based television, film and music video production company, is proceeding with its plan to convert the former Arthur Kill Correctional Facility in Charleston neighborhood of Staten Island into a movie studio and post-production facility. Empire State Development recently completed the necessary environmental review of the site, as well as the general project plan. Once Broadway Stages completes the $7 million purchase of the site in early 2016, the company will break ground on what will eventually be five new buildings and sound stages on the 69-acre site. The company promised the new facility will bring at least 500 jobs to the borough within 18 months and at least 1,500 within the first five years.


URL (Urban Ready Life) Staten Island, the 900-unit housing complex being built at the former Stapleton homeport, was expected to welcome its first residents on Dec. 1, but the project is still under construction. URL Staten Island -- constructed by the Ironstate Development Company -- is a $150 million project to build 900 rental units in two five-story buildings with 35,000 square feet of ground floor retail, 600 parking spaces, and a public plaza at the former U.S. Navy homeport. Twenty percent of the units at URL Staten Island will be earmarked for affordable housing. Two apartment buildings have been erected, but are incomplete. Crews can be seen working at the site daily and the city has installed traffic lights and pedestrian signaling along Front Street in anticipation of the opening of the housing complex. 

 

December 2015 

Bronx County

None

Kings County 

An online grocery delivery service, Max Delivery, which focuses on bringing farm fresh and organic grocery products to customer’s doors is looking to expand. The store runs on a fleet of about 55 bicyclists that deliver products to consumers within one hour of their purchase. The service is expanding rapidly, as it doubled its roughly 5,000-square-foot space to a 10,000-square-foot location on the ground floor of 318 West 39th Street between Ninth and Eighth Avenues in Manhattan. The company currently employs about 150 people and is actively looking to open new locations in Brooklyn and other cities.

New York County 

The New York City Department of Correction plans to hire 1,800 new officers in 2016 to combat an increase in violence behind bars. The starting salary is $42,532 and officers can earn $89,596 after 5 ½ years on the job. Individuals with a high school diploma and two years of full-time U.S. military service are also eligible and applicants must have completed 60 college credits by the end of their academy training. The department has recently revamped its training. New recruits now receive instruction in mental health first aid, safe crisis management (for dealing with adolescent inmates), scenario assessment training, tactical communications, and de-escalation and conflict resolution. People looking to apply must register for one of the four upcoming multiple-choice tests, which is administered by the city’s Department of Citywide Administrative Services.

Bloomingdales opened its first-ever outlet, on the Upper West Side of Manhattan. Faced with declining sales of full price merchandise at its NYC locations, the store followed the lead of other large retailers in locating off-price outlets within the New York City borders. Macy’s opened its first ever Manhattan outlet in November and Saks Fifth Avenue now sells off-price merchandise in Brooklyn’s Fulton Street retail development.

The New York Stem Cell Foundation signed a lease at 619 W. 54th St., where it will house lab and office space. The 10-year-old nonprofit is one of the top stem-cell research and education outfits in the country. It currently occupies a much smaller space in two separate New York City locations. The new lease will allow it to double its current staff, which includes 45 full-time scientists.

Queens County 

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Richmond County   

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November 2015 

Bronx County

None

Kings County 

Shake Shack, a popular burger chain, plans to open another Brooklyn outpost. The company has expressed interest in the 11,500-square-foor property in the Bushwick area of Brooklyn. Shake Shack has three Brooklyn locations – in Dumbo, Downtown Brooklyn, and Park Slope. Similarly sized Shake Shack locations employ 60-90 staff

New York County 

A mobile-advertising firm is doubling its space at 1 World Trade Center. xAd will be taking an additional 42,634 square feet, or the entire 61st floor of the building. Currently occupying the 60th floor, the company will have a total of about 86,000 square feet.

Rose Associates and partners DTH Capital, the developers of the 70 Pine street residential project, have signed a 15-year, 13,000-square-foot lease with Urban Market, a gourmet emporium modeled on the popular Williamsburg original. It will have 5,000 square feet on the sidewalk level at the corner of Pearl and Cedar streets and 8,000 square feet on a lower level. The store is now projected to open in 2017.

Home security company Canary plans to expand its headquarters in New York City’s Chelsea neighborhood to occupy a 41,000 square feet operations, research and development center. Founded in 2013, Canary markets security solutions that can be monitored by the customer from a smart phone or a tablet. To encourage Canary to keep its headquarters in New York, Empire State Development provided the company with up to $4.2 million in performance-based Excelsior Jobs Program tax credits. To qualify for the incentive, Canary agreed to make an investment in infrastructure, research, and development and to create at least 193 new full-time jobs over the next 10 years, while maintaining its current 91 jobs in the state.

Queens County 

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Richmond County   

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 October 2015 

Bronx County 

You can find Panda Express at the Queens Center mall and Kennedy Airport, but until now, the global stir-fry behemoth has had no presence elsewhere in the five boroughs. In addition to two locations in Manhattan they will open another in the Bronx, at Fordham Road and Jerome Avenue this October

Kings County 

None

New York County   

Panda Express currently has two NYC locations at the Queens Center mall and Kennedy Airport, Earlier this year, Panda representatives were talking about roaring into New York City with five new locations during the summer. They’ve already pruned those plans considerably. They now hope to open only two locations in Manhattan, one in Octoberat First Avenue and 69th Street, and another next year  at Eighth Avenue and 31st Street in Manhattan.

Hotel Indigo plans to open its Lower East Side location in late November. The 26-story property will feature 293 rooms and suites, a rooftop pool, a terrace and bar, a 14th-floor local marketplace and Mr. Purple, a restaurant operated by the Gerber Group.

Dwnld, a company which promises to turn a website or a Tumblr feed into a smartphone application within minutes, raised $12 million to expand its future offerings. Dwnld now has 2,000 users, and is developing apps for a range of categories, such as e-commerce companies or food blogs that might want to link to a shopping service. The company expects to double its staff of 26 over the next year as it brings on more salespeople and engineers.

Queens County 

The Queens neighborhood of Flushing already boasts a robust shopping scene with jam-packed sidewalks, but developers and real-estate investors are betting on more retail growth fueled by an expanding upscale residential market. Developers have carved out significant portions of retail space in new and planned mixed-use projects that fan out from the popular shopping corridors of Main Street and Roosevelt Avenue, an area considered one of the largest centers of the city’s Asian population. Restaurants—most specializing in Asian cuisines from local entrepreneurs and international restaurant brands—are filling 65,000 square feet of retail space at F & T Group’s One Fulton Square, a development that also houses offices, residences and a Hyatt hotel at Prince Street and 39th Avenue. Across the street, the developer is also planning to feature a significant amount of space in a 1.2-million-square-foot mixed-use project called Tangram Plaza. On Flushing’s western end, the Shops at SkyView Center, which sits at the base of a massive luxury housing project, has attracted big names including Target, Nordstrom Rack, Nike and Uniqlo.

Richmond County   

None

September 2015 

Bronx County 

None

Kings County 

None

New York County 

Box, the West Coast file-sharing company, announced that it will open a New York City office to serve new and existing customers in the metro region. The 13,000-square-foot office will open in the fall and house 75 employees by next year.

NewsCred, one of the earliest startups to hop on the content marketing bandwagon, has raised $42 million in a Series D investment round that will let the company "aggressively" build its global operations. The company, founded in 2008, has now raised a total of $88.8 million. NewsCred has doubled its customer base in the past year and tripled its "annual recurring revenue." Those customers include Barclays, Nasdaq, Pepsi and Toyota, and span 70 global markets. NewsCred currently has 200 employees worldwide, with 130 of them in Manhattan. It has offices in seven locations, including London and Dhaka, Bangladesh. It plans on approximately doubling global head count over the next year, with the goal of having 300 to 400 employees by the end of 2016. "Every single department is hiring," a spokeswoman said. The company recently took over an additional floor at its 386 Park Ave. South headquarters.

Queens County 

None

Richmond County   

The future of the New York Wheel hinges on the approval of changes to plans for the Staten Island mega project. So while North Shore community members raised concerns over the proposed modifications at a City Planning Commission meeting the project could be scrapped entirely unless new plans are authorized. "If this isn't approved," New York Wheel CEO Rich Marin said after the meeting, "the project would be over with." The New York Wheel re-entered the public review process after getting the green light from the City Planning Commission and the City Council back in 2013. Developers are proposing several modifications to the plans because of engineering issues and changes to city code. The enclosed parking garage will increase from three to four stories, maintaining the 950 spaces but with more self-park spots. While North Shore locals don't want so many spaces, Staten Islanders living farther south do. The observation wheel's Terminal Building will be about a quarter smaller than originally planned to accommodate the changes. New plans will also shrink and relocate the public playground, eliminate a reflection pool at the base of the observation wheel and remove wind turbines and solar panels intended for the site.

August 2015 

Bronx County 

Baldor Specialty Foods, which distributes to restaurants, hotels and other facilities, will expand its facility by about 100,000 square feet at the Hunts Point Food Distribution Center, a city-owned industrial park in the Bronx. The $20 million initiative is entirely funded by the company, which expects to add about 350 jobs,  in manufacturing, office work and trucking, as a result of the expansion over the next eight years. Baldor’s current distribution center occupies about 193,000 square feet at Hunts Point.  

Kings County 

Koppers Specialty Chocolate Company has a new home -  a 50,000 s/f lease for at Liberty View Plaza at 850 3rd Avenue in the Sunset Park section of Brooklyn, NY. Relocating from their 30,000 s/f former home in Greenwich Village, the chocolatier will continue making gourmet chocolates and specialty confections in New York City and will nearly double their workforce in this relocation and expansion. Empire State Development (ESD) will provide the company with up to $556,000 in performance-based Excelsior Jobs Program Tax Credits. The company has agreed to create at least 27 new full-time jobs over the next five years, and keep them through at least 2025. Prior to making the decision to remain in New York, Koppers considered relocating to Carlstadt, NJ among other places.

A startup for used furniture has found a spot for its New York operations. San Francisco-based Move Loot, which picks up and sells used furniture on its website, recently signed a deal for a 20,000-square-foot warehouse at 57 Caton Place, between East Eighth Street and Coney Island Avenue, in Windsor Terrace, Brooklyn. Move Loot launched operations in New York with a warehouse in New Jersey, which was temporary before the company found its new, permanent location. The company plans to eventually employ about 100 staffers in the New York area. Move Loot aims to eliminate the hassle of reselling goods via sites like Craigslist.

New York County 

New York City is getting a new medical school in Harlem. The CUNY School of Medicine will be located on the City College campus near 138th Street and will partner with the Bronx-based St. Barnabas Health System. The school was accredited following an effort by leaders at City College's Sophie Davis School of Biomedical Education interested in providing a low-cost option for CUNY students to become physicians. Sophie Davis offers a seven-year degree program that includes three years of undergraduate education and two years of medical school, but students previously had to finish up at schools outside the CUNY system. The first class of 70 students will start in fall 2016.

Tictail, an e-commerce startup aspiring to be an online megamall for independent retailers, has raised $22 million in a Series B round that will help the Swedish transplant double its New York City staff over the next seven to eight months. The cash will help the company, which has retailers from 140 countries using its platform, continue its global growth and develop its mobile technology. Early last year, the company moved its headquarters to New York from Stockholm to focus on the U.S. market, where it saw the biggest opportunity for growth. Last fall, it launched Tictail Marketplace, which makes all 85,000 stores in its community accessible via a mobile app. The cmpany expects to start hiring product developers in New York, while also adding to its marketing team as it expects to boost the headcount here to 30 in the coming months.

Restoration Hardware is getting into the lodging business. The upscale home-furnishings company is planning to open a boutique hotel and restaurant around the corner from its upcoming flagship store in the meatpacking district. The company has leased all of 55 Gansevoort St., a 25,000-square-foot building near the 70,000-square-foot space it leased last year for its flagship store at 9-19 Ninth Ave late last year. The low-rise building there is in the process of being redeveloped by  it's owners.

Lowe's new Chelsea store, located on the corner of Sixth Avenue and West 19th Street, is less than five blocks from larger competitor Home Depot, which landed in Manhattan nearly a decade ago. The shop, which opens in September, will be the second Lowe's to come to the borough this summer. The big-box retailer has shrunk down its 145,000-square-foot stores to about 30,000 square feet, trimmed its on-site inventory, revamped its merchandising for city shoppers and beefed up its in-store digital services. Lowe's first new Manhattan location, opening in the Upper West Side in August, has new digital displays that allow customers to easily browse Lowe's inventory and buy in-store.

Sam Chang plans to build a 25-story, 175-key hotel on a Garment District development site where he began evicting manufacturing tenants earlier this year. The veteran hotelier filed a permit application  to build a nearly 60,000-square-foot hotel at 338 West 39th Street, near Ninth Avenue. He bought the 12-story factory building on the site in January for $22.4 million, records show. The application lists Barone Management, developer of the Dream Hotel in Long Island City, as a partner. Chang and Barone, headed by Scott Barone, have partnered on several projects in the past. Roughly 30 hotels have popped up in the Garment District over the past decade as manufacturing businesses have left the area, and possibly no other developer has cashed in more on the demand for budget-rate rooms than Chang’s Great Neck-based McSam Hotel Group. He currently has a handful of sites under development, including a 35-story Holiday Inn at the corner of Eighth Avenue and 39th Street, a 252-room hotel at 326 West 37th Street and a 406-key project at 334 West 36th Street, a site he bought for $50.8 million. 

KCG Holdings, is a trading firm created in 2013 by the merger of Knight Capital Group Inc., which had offices in Jersey City, and Getco LLC, which was in Manhattan. KCG wanted to consolidate its bistate operations and chose 300 Vesey St. in Battery Park City. To help that deal happen, New York State’s Empire State Development agency offered up to $15 million in tax credits if KCG creates 615 jobs in New York and maintains them through 2025.

Queens County 

Stop & Shop Supermarket Co. may be adding a lot more shelf space in New York City. The Quincy, Mass.-based chain announced that it is willing to pay $146 million to buy 25 stores from the Great Atlantic & Pacific Tea Co. Of the 25 locations, which include Waldbaum's, Pathmark and namesake A&P brands, 11 are based in the city. Six are in Queens, two are in Brooklyn, two are in the Bronx and one is on Staten Island. The 395-store chain currently has a very small presence in the city. It has only five locations here, in Brooklyn and Queens. The A&P outposts will convert to the Stop & Shop brand when the transaction is finalized, provided no higher bids are made as part of an auction from A&P's bankruptcy filing. A&P, which filed for Chapter 11 bankruptcy protection has a total of 38 local locations in the five boroughs. 

Jamaica is getting a  Burlington Coat Factory. Burlington will have 70,000 square feet of the 150,000-square-foot retail redevelopment now planned for three buildings along the major shopping area of Jamaica Avenue in Queens between Union Hall Boulevard and 160th Street. Developer United American Land will integrate the landmarked 161-02 Jamaica Ave. with 160-16 Jamaica, which will be shortened from nine stories to four stories and be given a new façade; and 160-08 Jamaica, which will retain its existing façade. All three buildings will be interconnected and have seamless floor plates. Burlington will have half of the second floor and the entire third and fourth floors of the four-story project. The retail tenants should be open for business during the spring of 2017.

Richmond County   

None

 

July 2015 

Bronx County 

Silvercup Studios, a large NYC-based film production company, is moving forward with a third facility in the Port Morris section of the South Bronx. The planned 120,000-square-foot production facility would help the company expand and meet growing demand. Silvercup, which bought the property from Simone Development Cos. for $15 million, is investing $20 million to transform it into four production studios. The planned facility will have the capacity to service two television productions simultaneously over the year, potentially generating an average of 250 full-time positions for each production.

Kings County 

Trader Joe's is coming to Williamsburg. The California-based grocery chain, which opened its first New York outpost near Union Square in 2006, has signed a lease to open an 18,000-square-foot store in a building that will be constructed at 206 Kent Ave., between North Third Street and Metropolitan Avenue. The store will be Trader Joe's second location in Brooklyn. It’s first opened on Atlantic Avenue in Cobble Hill in 2008.

Greystone & Co. ditched its plans to convert the Brooklyn Lyceum to residential use and will instead lease the entire building to Blink Fitness. Blink signed a deal to take the entire 16,700-square-foot space for 15 years. Greystone transferred 23,000 square feet of air rights from the Lyceum property to the lot next door, where it will be constructing a 12-story apartment building. Earlier this year, Blink Fitness took 20,500 square feet in 234-240 East 54th Street.

New York County 

H&M is opening another of its stores for the higher-end brand Cos in Midtown Manhattan. The retailer is taking a portion of the 24,000-square-foot space at 505 Fifth Ave., on the northeast corner of East 42nd  Street. The space has 7,500 square feet on the ground floor, 5,300 in the basement and 11,700 on the second floor. This will be the first midtown location for Cos, which opened its first New York store on Spring Street last year. H&M has been strengthening its presence in New York over the past two years with stores across the entire price spectrum, including the main cut-price H&M brand another one of its brands - & Other Stories – which opened in Downtown Manhattan last October.

Yotpo is the latest Israeli company to anchor its North American sales operations in New York. Founded in 2011, the Tel Aviv-based e-commerce service provider announced it has closed a $15 million fundraising round, bringing its funding total to $30 million. Yotpo also officially unveiled its New York office which currently houses a staff or 14 – to be tripled by the end of the year. 

Pressed Juicery, which has roughly a dozen locations in Equinox gyms in the New York area, will open its first stand-alone store at Turnstyle, the underground shopping concourse at Columbus Circle Station. Five-year-old Pressed, which started out selling juice out of a truck, has 44 current and planned locations in California and two in Las Vegas. It joins two other organic brands, Ellary’s Greens and Blossom du Jour, at Turnstyle, which is set to open later this year. Construction of the storefronts will begin this summer.

Ralph Lauren is expanding its Chelsea office to give itself and subsidiary Club Monaco room to grow. The company will expand its office and give Club Monaco, which has its global headquarters at the 20-story building, more space. The details of which company will occupy what portions of the new space are still being worked out, sources familiar with the deal said. In total, Ralph Lauren and Club Monaco will occupy about 100,000 square feet in the 2.3 million-square-foot building.

Nestle Skin Health inked a 16-year lease for 30,400 square feet at the Alexandria Center for Life Science in Kips Bay. The Swiss skincare company announced it will use the space at 450 East 29th Street, its first New York location, as an “innovation hub” for research, development and education. The company received a tax break from the Empire State Development Corporation. The 700,000-square foot complex already houses another Swiss company, pharmaceutical giant Roche, which in 2012 signed an 11-year lease. 

The New York City Poilce Department plans to hire nearly 1,300 new police officers as part of its $78.5 billion budget agreement. The cost of the new hiring initiative is estimated to be approximately $170 million, which will be offset by $70 million in savings, largely by creating a cap on department overtime. About 300 of the new officers will be assigned to counterterrorism. Additionally, the budget authorizes the hiring of 400 administrative aides to take over desk jobs currently filled by police officers.

Queens County 

None

Richmond County   

Sonic Drive-In is opening in Richmond Valley in late August.  "We need 100 to 150 people — we do volume," said Anthony Cirillo, a co-owner of the Staten Island outfit, soon to be New York City's first Sonic Drive-In. Positions at the Staten Island Sonic include full- and part-time work as managers, assistant managers, cooks, crew members and car hops, the latter who will deliver food to cars on roller skates.

June 2015

Bronx County 

The Bronx Brewery, a South Bronx-based brewery founded in 2011, announced a strategic partnership with privately held holding company Tenth Avenue Holdings, which will provide guidance and funding to help grow the business.  The Bronx Brewery opened a facility in August 2014 in a former ironworks factory in the Port Morris neighborhood and produced roughly 6,000 barrels in 2014. In response to growing demand, the company expects to produce 10,000 barrels in 2015. The latest addition of capital will allow him to hire additional employees in the Bronx, including two new brewers, and to purchase additional brewing equipment to help ramp up production. The Bronx Brewery will also increase distribution in order to access markets outside of New York City, where most of the brewery's current sales come from. The venue is also popular for hosting sporting and fundraising events and has a large backyard beer garden, which reopened on May 2 for the season.

Kings County 

Yet another hotel is coming to Bushwick neighborhood of Brooklyn. The plans state that the developer will break ground on a 140-room hotel by September of this year with the preliminary opening date in the fall of 2017. In addition to the hotel, the site could support a 400,000-square-foot office building.

Adidas will open a Brooklyn design studio in North Williamsburg. The German sports apparel and footwear maker will take 20,000 square feet in the neighborhood, on the second floor of the building that currently houses the Brooklyn Brewery. Although precise dates haven’t been announced, the studio will open sometime in the next 12 months.

Forever 21, one of the most popular fast-fashion retailers, has signed a lease for 40,000 square feet in Downtown Brooklyn. The company is expected to open its newest New York store by the end of this year.  Today, there are nine other Forever 21 locations throughout the five boroughs. Other tenants at the property include Planet Fitness, Raymour & Flanigan, Express,Swarovski, Chase Bank and IHOP. The upper three floors of the building are Long Island University dorms. 

New York County 

Furniture giant Raymour & Flanigan has taken the last major space at 100 W. 125th St., a future six-story Harlem retail project. Raymour & Flanigan has signed a lease for about 40,000 square feet on the second floor — joining previously signed tenants Whole Foods, American Eagle Outfitters, Burlington Coat Factory, Olive Garden and TD Bank. Planned to open in 2016, the 200,000 square-foot project brings a concentration of upmarket national chains to a single location — the southwest corner of Lenox Avenue and West 125th Street — which was previously an empty lot.

Trustpilot, a U.K. consumer rating and business experience site, is planning to further expand its New York City office from approximately 100 to nearly double that in the next 12 months. Trustpilot offers companies tiered service plans that start with free trial use of its basic customer-review software. It also works at keeping the reviews honest by devoting software and a 30-person team to detecting fake reviews that could be aimed at boosting a business's customer rating.

Zaro’s Bakery plans to open two locations at the transit hub this summer. Zaro’s will operate both a 400-square-foot shop and a 200-square-foot kiosk at the Fulton Center. The bakery has 11 other locations in the New York metro area. The closest outposts to lower Manhattan are at Penn Station.

Queens County 

The first Apple Store for Queens will be located in the Queens Center Mall on the second floor. Signage for the new store at the Queens Center mall has appeared, according to tips from readers. This Queens store will be the largest New York Apple Store within a mall and that the opening is planned for later in 2015. Apple is expecting this store to pull in nearly as much revenue as some of its larger flagship locations in the State.

Richmond County   

After years of starts and stops, developers are planning a fall groundbreaking on Lighthouse Point -- a mixed-use retail and residential development that will include a hotel in St. George. Lighthouse Point -- comprised of 400,000 square feet built on a 3-acre parcel of the historic but abandoned pier that once housed a lighthouse facility and then a Coast Guard base -- will be part of "Destination St. George," the new branding of the waterfront revitalization that also includes the New York Wheel and Empire Outlets. "We are finalizing our funding and marketing," said Elysa Goldman, director of development for Triangle Equities, Lighthouse Point developer, noting that building permits will be applied for with the city Department of Buildings this week. "We anticipate having our building permit, closing on our funding and all the pieces coming together at the end of the summer," she added. The more than $200 million project includes 65,000-square-feet of retail and office space, along with 116 luxury rentals -- 20 percent of which will be earmarked for affordable housing. The project also includes an outdoor rooftop lounge area, 300 underground parking spaces and a 180-room hotel. Work on the first phase of the project -- estimated to last 2 1/2 years from start to finish -- will include retail developments near the Bay Street side of the project, residential units and parking. The first 18 months of construction will be focused on the retail component, while the remainder of the time will be spent on building the residential units.

May 2015 

Bronx County 

On Feb. 27, Borough President Ruben Diaz Jr. issued his annual development report ranking the largest projects of the year in the Bronx by dollar value. His latest list includes the usual suspects—a raft of large residential and commercial initiatives—but also one notable outlier: Riverdale Country School. There, work will begin in June on three big construction projects, including a $25 million natatorium with a six-lane, 25-yard-long pool. Make no mistake—with 22 buildings and a total of 300,000 square feet of enclosed space sprawled over 27.5 acres on two campuses one mile apart, the school pays dividends for its immediate area and its borough. And because RCS is one of three schools of similar size in the area—the other two being Fieldston and Horace Mann—the aggregate impact is that much greater. Throw in two small local colleges, Manhattan and Mount St. Vincent, and the neighborhood has a humming private-education dynamo that officials point out is Riverdale's biggest employer. It generates jobs not just for teachers and administrators, but also bus drivers, cooks, landscapers, painters, plumbers and others.

Kings County

Macy's Inc. announced that it will open its first four bargain stores this fall, in Brooklyn and Queens, and on Long Island. Called Macy’s Backstage, the stores will test the off-price concept here before rolling it out to more locations. The stores, which will each be about 30,000 square feet and staffed by 30 employees, will include unsold clearance items from full-priced stores, as well as exclusives for the outlets from fashion brands.

Wegmans Food Markets Inc. is opening its first location in New York City with a store in Brooklyn. The new store will anchor a $140 million redevelopment of Brooklyn Yard's Admiral's Row that's being led by Steiner NYC. Several buildings will be knocked down and replaced with Wegmans, other stores, industrial space and parking. Steiner NYC, creator of the Navy Yard’s 25-acre film studio, will develop the complex, set to open in 2017. The 74,000-square-foot store at the Navy Yard will be the company’s smallest by about 25 percent. The Navy Yard selected Steiner and Wegmans above three other proposals because of the affordability of the store’s offerings and its commitment to hiring locally for full-time jobs. Because of its emphasis on prepared foods, the company offered to create at least twice as many full-time jobs (200), and more total jobs (600) than any of the rivals. In its first two weeks of hiring, the store will interview exclusively from the three housing projects that border the Navy Yard. Across a large parking lot will be the supermarket, part of a larger building with 126,000 square feet of industrial space.

Gateway National Recreation Area, part of the Park Service, has signed a five-year lease with Brooklyn Night Bazaar, which has attracted thousands to its weekly food and entertainment events in Greenpoint. Starting Memorial Day weekend, the company, under the name Riis Park Beach Bazaar, will stage free outdoor concerts at Jacob Riis on Saturday and Sunday afternoons. In addition, it will offer food concessions in two of the large bays that run the length of the brick bathhouse, as well as smaller food carts on the boardwalk. Among the food vendors expected to participate are Ample Hills Creamery, the Brooklyn Star, Court Street Grocers, Wild Feast Foods, Fletcher’s Brooklyn Barbecue and La Newyorkina.

New York County

Yodle's, a company that specializes in providing online marketing solutions to small business, is about to move into its news space near Penn Station. And as it more than doubles its office size, the online marketing company is also planning to nearly double its head count. The 10-year-old firm will add 250 hires to its current 300-person staff over the next three years, the startup announced at a ribbon-cutting ceremony for its 114,000-square-foot headquarters on West 34th Street. The new hires will be in all areas, but with a concentration in software and product development.

Zaro’s Bakery plans to open two locations at the transit hub this summer, the local chain announced Wednesday. Zaro’s will operate both a 400-square-foot shop and a 200-square-foot kiosk at the Fulton Center. The bakery has 11 other locations in the New York metro area. The closest outposts to lower Manhattan are at Penn Station.

The partners behind the Tao Group restaurant and nightclub empire — Marc Packer, Richard Wolf, Noah Tepperberg and Jason Strauss — are extending their hospitality to hotels. A new 23-story hotel on 414 W. 15th St. in the Meatpacking District will be the first-ever Tao-branded hotel. Rockpoint Group and Highgate Holdings have been developing the vacant lot  and expect to complete it in the summer of 2016. CetraRuddy is the architectural company for the hotel that will rise to 278 feet and include a huge rooftop lounge for up to 240 people, a 23rd floor lounge for the same number, as well as another lounge and terrace on the second floor, city permits show.

Queens County

NYU Langone Medical Center plans to open a two-story, 45,000-square-foot multispecialty ambulatory care facility in Long Island City. The new location is accessible via four subway lines within two blocks and will be complete in 12 to 18 months.

Richmond County

None

April 2015 

Bronx County 

None

Kings County

Detroit-based watchmaker Shinola is opening a store in Brooklyn on the Dumbo waterfront. The company is taking 5,000 square feet of space at Empire Stores, a former coffee warehouse that is in the process of being converted into an office building with ground-floor retail space. The new location will be Shinola’s second in the city and its first in Brooklyn. The company has a store on Franklin Street in TriBeCa. Like that location, the new one will feature a cafe operated by The Smile.

New York County

Anheuser-Busch InBev seeks to fill around 50 positions in its new marketing and sales office. This is part of an aggressive recruitment effort aimed at attracting top talent to the office, which will soon open in Chelsea on West 24th Street between Sixth and Seventh avenues. The location will eventually house some 250 sales and marketing professionals, including many who will transfer from the brewer's U.S. headquarters in St. Louis. Plans include a beer garden on the ground floor that will be open to the public. The move marks a significant cultural change for the company, whose U.S. operations have long been run from St. Louis (where it was founded in 1852), even after Anheuser-Busch's acquisition in 2008 by InBev, which is based in São Paolo. While AB InBev will keep its U.S. headquarters in St. Louis, the U.S. "commercial strategy" office in New York is meant to provide it exposure to urban trends, according to an internal memo sent late last year when the decision was made. The move also gets marketing executives closer to key partners based here, including ad agencies, sports leagues and music and entertainment execs. And it provides for greater proximity to the brewer's global office, which opened in New York at 250 Park Ave. in 2009. The city's attractive talent pool is a key part of the relocation equation.

A new dumpling chain is opening a location on Hudson Street. Dumpling Go opened on West Third Street in Greenwich Village earlier this year and at 188 Second Avenue in the East Village earlier this month. Dumpling Go's website lists a fourth incoming location as well, coming to 350 Third Ave at 26th Street.

Queens County

The Japanese retailer Uniqlo is opening its first Queens outpost this spring at The Shops at Skyview Center. The brand — which has stores in Manhattan, Brooklyn and Staten Island including a flagship shop on Fifth Avenue — signed a deal on a 8,000-square-foot space and should open in the next few weeks, according to a spokeswoman for the Flushing mall. Uniqlo is known for its well-made basics and graphic T-shirts.  The 700,000-square-foot mall is also home to a Nordstrom Rack, Forever 21, Restoration Hardware and Nike Clearance Store, as also has restaurants and a supermarket.

The city’s first Nike Factory Store will open at The Shops at SkyView Center on April 2, according to representatives and an image with the grand opening date that was recently posted at the store’s location. Nike, which is known around the world for sports footwear, apparel, equipment and accessories, will offer select products at special prices in the new store. The shoemaker signed a lease with Onex Real Estate, which owns the Flushing mall, for a 15,000-square-foot space on Level B in November

Richmond County

Applebee's, Gap and White House Black Market inked leases to spaces in Empire Outlets, a new mall that broke ground. The mall — slated to open in 2016 — announced 100,000 square-feet of new leases. The latest tenants will join H&M and Nordstrom Rack which previously took space. Other stores headed to the mall include Banana Republic Factory Store, Columbia Sportswear Company, Guess Factory Store, Wilsons Leather, G.H. Bass & Co., Lids, Obey Your Body, Innovation Luggage, Walgreens, Haagen Daz, Krispy Kreme and Nathan’s Famous.

 

March 2015 

Bronx County

The city will invest $150 million over 12 years to revitalize and fortify the Bronx's Hunts Point Market, the world's largest food distribution center, through which 60% of the city's food supply flows. City-funded infrastructure improvements had been anticipated after the market cooperative signed a new lease last year as it was being wooed by New Jersey.  The money will go toward modernizing the market's buildings and infrastructure as well as opening up space for new businesses. The city is already working with the nearby Fulton Fish Market, which is the second-largest fresh-seafood market in the world, to put underutilized space to better use by making room for complementary food processing and manufacturing. The money will also be put toward parking lot repairs at the fish market, fixing long-delayed maintenance items, urgent short-term repairs at the Meat Market, and rail infrastructure along Food Center Drive. The city will also clean up a brownfield site to create a development parcel for new industrial uses, such as a food processing or manufacturing facility. The $150 million investment will be in addition to another pot of money for the market from the city and federal governments.

Kings County

Furniture and home-decor retailer Design Within Reach has signed a lease to open a 40,000-square-foot outlet store and repair facility at the Industry City complex in Sunset Park, Brooklyn. It will also include a design studio and showroom. It is expected to be fully operational in late spring and will bring 25 jobs to the waterfront site. In addition to traditional shopping, Design Within Reach will offer design workshops and programming for home-furnishing designers and manufacturers.

New York County

A Bloomingdale's for price-conscious consumers is coming to the Upper West Side. The northwest corner of Broadway and W. 72nd St. will be home to a new Bloomingdale’s Outlet store this fall that will offer a range of “off-price” merchandise targeted to shoppers watching their budgets. The new outlet, slated to open at 2085 Broadway in time for the holiday season, will be Bloomingdale’s 14th and the first in an urban area.

Queens County

The original Airport City concept (an airport integrated economic region) facilitated by Greater Jamaica Development Corp. (GJDC) surrounding JFK's AirTrain Station in Downtown Jamaica is poised for takeoff. The drivers for the revitalization of Jamaica's Airport City or Village are two private investments; a 26-story, 240 room Hilton Garden Inn and a 100,000 s/f mixed-use retail and residential development. Both projects, due to break ground in 2015, are located directly across the street from the AirTrain/LIRR/Subway transit hub with a combined investment value of $279 million. Supporting the redevelopment is a variety of public improvements. GJDC, in coordination with NYC Economic Development Corp. and city, state and federal agencies, has been working on over $90 million of infrastructure projects.

Richmond County

Chicago-based General Growth Properties has announced a multimillion-dollar redevelopment of its 1.2-million-square-foot Staten Island Mall in New Springville that will add 1,300 new jobs to Staten Islands employment pool. Construction on the project, which will include interior and exterior upgrades, new fashion retailers, restaurants, a cinema, public piazza and a Fairway Market, is expected to commence following necessary city approvals. Construction is expected to be complete by 2017.

February 2015

Simone Development Companies will build a 1.9-million square foot mixed-use office, academic and medical complex on a 33-acre site at 1500 Waters Place, a parcel in the east Bronx. The state-owned site, next to Simone’s Hutchinson Metro Center development, currently houses the Bronx Psychiatric Center of the state’s Office of Mental Health. OMH plans to downsize to a newly built 43-acre campus south of the Waters Place parcel. The $16 million deal, which is subject to a diligence period and public approval process, is expected to create 1,900 construction jobs and several thousand permanent jobs. Much of the development will comprise of office space for healthcare tenants, as well as other businesses and government agencies, similar to the Hutch Metro Center. Plans for the site also include a retail plaza, a 150-room hotel, and space for higher education—although agreements with tenants have not been finalized.

Jewelry maker Alexis Bittar is expanding into what increasingly is becoming one of the city’s most popular destinations for fashion and manufacturing companies. The Dumbo-based firm is taking about 17,000 square feet at the sprawling former warehouse complex, Industry City, along the waterfront in Brooklyn's Sunset Park. The space will become the main manufacturing facility for the company's jewelry line. Alexis Bittar had previously fabricated its collection in Dumbo. The company will keep its 16,000-square-foot corporate office, with its sales, marketing and executive staff, at that 45 Main St. location. Its manufacturing space will greatly expand at Industry City.  The company is at least the second jewelry maker to go to the complex. In September, BaubleBar signed a deal to take a nearly 53,000-square-foot space at Industry City to use as a distribution center for shipping its jewelry to customers. Industry City has drawn businesses that have fed off of Brooklyn’s thriving culture of artisanal and locally made goods, and that hope to transition to a grander scale while still staying plugged into the borough’s trendiness and ecosystem of creative businesses

Layoffs and Closings

Goldman Sachs will layoff 109 workers starting 5/09/2016 with the layoffs to be completed by the end of the year.

Manhattan’s Four Seasons Restaurant plans to close on July 16th, following a week of festivities at its Seagram Building home, where it has operated for more than half a century. The restaurant’s owner plans to take a break for about a year and then open another eatery within walking distance to its old location. For its final week in the Seagram Building, the restaurant will host charity dinners. 

MakerBot, the company that became the trailblazer in the 3D printing space in NYC, is slashing its production space by more than 25% in the borough. The company shed 65,000 square feet at Industry City, the up-and-coming commercial complex in Sunset Park. It also vacated another 25,000 square feet that it continues to lease at the property. Some workers were laid off and some were relocated to MakerBot's headquarters at One MetroTech Center in downtown Brooklyn. MarkerBot now occupies about 135,000 square feet at the complex—40% less than it had at its peak. The space reduction follows two rounds of layoffs that took place last year at the 3-D-printer maker. The startup was acquired last year by 3-D-printing company Stratasys Ltd. that subsequently grew to 225,000 square feet at Industry City. 

American International Group Inc., the insurer that’s been under pressure from activist investors, said it plans to cut 242 jobs at five locations in New York City. The reductions will take place through Sept. 30, and include its Water Street headquarters, as well as Pine Street, Old Slip, 1 New York Plaza and Liberty Street offices.

Golden Krust, a food manufacturer of Caribbean baked goods, is temporarily closing its factory to perform equipment upgrades. The company is putting 102 of its 252 employees on temporary layoff on April 22nd. All employees are expected to return to work on May 31st.

Credit Suisse is laying off 163 of its workers from the 1 and 11 Madison Avenue locations. The layoffs will become effective throughout May 2016. Affected employees will receive severance packages.

HMS Host, a food concession company operating at the JFK international airport has lost its contract and will be laying off all employees working at the JFK facilities – 134 in total. The layoff will become effective as of the last day of April 2016.

Al Jazeera America ceased its North American operations and plans to close all of its offices by the end of April 2016. In total, 290 employees will be affected, some of whom belong to the News Guild CWA Local 31003.

Borax paper Products announce that due to the acquisition by the Imperial Bag & Paper Company, 101 workers will be laid off from the combined business. The effective layoff date is the week of May 2nd, 2016 and some of the employees belong to the Local 1964 ILA AFL-CIO & CLC11.

Manhattan Center Productions, a cable news network, is closing its doors and plans to lay off all of its 222 employees. The effective layoff date is the end of April 2016.

Maslow Media Group will layoff 97 workers by the end of April 2016.

D'Agastino Supermarkets is closing three stores and laying off 119 workers effective 5/1/2016.

Empire Merchants, a Queens-based wine and alcohol distributor will lay off 109 workers effective 4/28/2016. The workers are represented by the United Food & Commercial Workers.

Macy's will close 40 stores and lay off or reassign more than 3,500 people after posting worse-than-expected holiday sales. Macy’s expects to cut three to four sales jobs in each of its 770 Macy's and Bloomingdale stores nationwide, for a total of about 3,000 jobs. About half of those employees will be relocated. Another 165 senior executives will voluntarily retire or leave the company; 35 percent of those, or about 60 positions, will not be replaced. Finally, Macy's said it will also eliminate 600 back-office jobs. About 150 of those workers will be reassigned, but 450 will be laid off. It’s not yet clear how this move will impact NYC employees of the company. None of the NYC stores are on the list of the stores to be closed but Macy's has a large management operation in Manhattan that will probably be affected by the executive and back-office cuts..

Sweet’N Low maker Cumberland Packing Corp. is planning to close its local manufacturing operation in the Fort Greene section of Brooklyn over the next year, resulting in 300 job cuts. The company will keep its headquarters in Fort Greene, but will move manufacturing elsewhere within the United States.

Morgan Stanley plans to lay off 1,200 workers worldwide, including about 470 traders and salespeople in its fixed-income and commodities business, with other reductions coming in infrastructure and support roles. While the bank isn’t exiting any major business lines within fixed-income trading, it’s scaling back in specific areas. It is yet unclear how the layoffs will impact the firm’s New York City offices.

Health Republic, one of New York's largest health insurers on the state's exchange, will be shut down by November 30 and is laying of all of its 147 employees by the end of the year. Health Republic covered both individuals and small businesses – it represented approximately 35% of the 3,700 small business enrolled through the exchange and over 80,000 individuals of the approximately 415,000 who joined private insurance plans last year.

Organic Avenue, a 15-year-old cold-pressed juice chain, has succumbed to the competition. In a Chapter 7 bankruptcy filing, Organic Avenue listed assets of $3.4 million and liabilities of $2.5 million. It closed all 10 of its city locations.

The flash-sale business Ideel, which was purchased last year by Groupon for $43 million, has given notice to 63 employees ahead of a move to Chicago, where its parent company is located. The closure comes on the heels of a layoff notice in August when the company said it would be cutting 39 employees between November and the end of December.

Toys-R-Us announced that it is shuttering its Times Square flagship store by the end of this year. The company is facing rent hikes in the space that will double its existing rent obligation and given competition from such online retailers as Amazon and Walmart, Toys-R-Us decided against renewing the lease. The Delaware, Inc, which owns the Toys-R-Us brand, filed a WARN for the store for 373 people with the layoffs scheduled to occur by December 30, 2015.

Health Republic last week filed a layoff notice with the state Department of Labor, citing 147 workers who could lose their jobs by Dec. 31. State law requires 90 days’ notice of lay offs through its Worker Adjustment and Retraining Notification (WARN) program. The Manhattan-based insurer was ordered in late September by state and federal officials to shut-down ahead of insolvency.

MarketTrack LLC., an online click-tracking advertising firm, announced that it will lay off 107 people through the end of the current year.

Envoy Air, a budget airline, is moving its maintenance facilities out of New York City. All 704 personnel received layoff notices. However, all employees will be offered positions at the new Envoy Air hubs at the Chicago and Dallas/Fort Worth airports. The layoffs and re-locations will start immediately and finish by mid-January 2016.

The Great Atlantic & Pacific Tea Co. has notified the state Department of Labor that 5,191 employees in its 50 New York City stores will likely be terminated as early as November 12 as a result of store closings and store sales. The store brands being impacted are the Food Emporium in Manhattan and Pathmark, Food Basics, Waldbaums, and A&P in Brooklyn, the Bronx, Queens, and Staten Island. Majority of NYC stores have buyers lined up, but several are under threat of closing. It is unclear how many of the current workforce will be employed by the new store owners.

Quirky, the Silicon Alley invention company whose blue-chip backers include General Electric and Andreessen Horowitz, will lay off 109 employees from its West 28th Street headquarters. The layoffs will occur between July 31 and Aug. 14. Reports have circulated in recent days that jobs cuts were already taking place as the company scrambled to find new backing for itself and its Wink subsidiary, which makes products for the connected home.

United Airlines will transfer 206 jobs from JFK to Newark Liberty Airport at the end of October 2015.

Narco Freedom announced plans to lay off all 513 of its employees effective 09/21/2015. The company has been rocked by bad news in recent months including enterprise corruption charges against members of the founding family.

The One UN New York Hotel will close for renovations in November 2015 with an anticipated re-opening in May 2016. 111 workers will be laid off effective 11/15/2015.

JPMorgan Chase & Co will move more than 2,100 jobs from Manhattan to New Jersey to benefit from an incentive program offered by the state of New Jersey. The bank, which was looking at options to expand its regional technology and operations hub, will get $19 million in subsidies for the move to New Jersey. The bank has leased part of a building in Jersey City. The jobs being moved to the building are mostly involved in technology and operations. The move would help JPMorgan consolidate and cut costs. Last year, JPMorgan received a $22.5 million grant from New Jersey to add 1,000 jobs and retain 2,612 in the state.

Donna Karan International's parent company, LVMH Moet Hennessy Louis Vuitton, is making cuts. The fashion conglomerate filed a WARN notice that it will lay off 70 employees at the Donna Karan label. The staffers were stationed at the company's 550 Seventh Ave. headquarters. The office also houses the company's less expensive DKNY brand. While some Donna Karan employees will be moved to the DKNY brand, the 70 who remained with the namesake label will be let go.

Crate & Barrel is closing its 650 Madison Avenue location and laying off all of its 137 employees. The effective date of the layoff is the second week of August, although the store will shut to the public on August 2nd.

Envoy Air is moving the crew and maintenance facilities for the airline to Dallas/Fort Worth and Chicago airports, resulting in 693 potential layoffs in NYC. All affected personnel will be offered reassignment opportunities at the new locations.

The 3-D printing pioneer MakerBot is downsizing. The Brooklyn-based company recently laid off staff and closed its three retail stores, including a flagship in the Nolita neighborhood. A company spokesman declined to comment on specifics, but a report by a tech blog called Motherboard estimated that about 100 employees, or 20% of MakerBot's staff, were given pink slips.

Catholic Charities Neighborhood Services, a division of the larger Catholic Charities Brooklyn and Queens social services organization, said its programs for the developmentally disabled have lost the agency $13 million since 2010. It's now looking for other agencies to take over 24 of its residences and day programs by August. CCNS was losing $400,000 a month delivering services to 203 people with developmental disabilities. The closures will result in 719 layoffs, 198 of whom are substitutes for staff, at the 2,047-employee nonprofit. Those affected include health care workers such as registered nurses, psychologists, therapists and occupational therapists, and support staff, including maintenance workers, housekeepers and cooks. Some of these employees are represented by District Council 1707 and United Food and Commercial Workers Local 888.

The publisher of The American Lawyer and other publications, which changed hands last year after repeatedly downsizing, is about to lay off 61 employees. ALM Media will make the cuts in phases from the end of July through September. In an emailed statement, ALM CEO Bill Carter said the planned layoffs were part of the company's evolution from a "publisher of legal titles to a leading provider of information and data solutions ... serving multiple industry verticals. Having grown through several strategic acquisitions, we have looked to streamline our operations to take advantage of the synergies of our newly integrated businesses.” Based in Manhattan, ALM was acquired—actually, reacquired—last July by private-equity firm Wasserstein & Co. from Apax Partners for $417 million. ALM also publishes The National Law Journal, New York Law Journal and more than 300 other print and digital properties. In January, the company furthered its expansion into new industries with the acquisition of Summit Professional Networks, a trade publisher for the insurance industry.

The Streit's matzoh factory, the oldest such bakery in the U.S., is planning to shut down its 9-decade-old ovens by year's end and move to a 21st-century computerized plant somewhere in the New York area. The contract has yet to be signed. All employees will be offered jobs at the new location.

Junior's to move baking operation from Queens factory to New Jersey. The restaurant needs to move out if its Maspeth factory because the owners sold the 20,000-square-foot space. The four companies it operates in the factory will move from 58-42 Maurice Ave. to a new location in Burlington, New Jersey by July. Four subsidiaries, Vanilla Fudge, LLC; Sweet Dream Desserts, LLC; Great American Dessert Company LLC; and GAD Bakeries operated out the factory for last 15 years. The new factory will be five times the size of the Queens location and the staff will move their operations to New Jersey in the next few months. A filing with the state's Department of Labor said the companies employed a combined 75 people. The company hopes to transfer as many of the employees to the new facility as possible.

Metro Cable Communications will lay of 226 workers by 4/15/2015. The workers are represented by International Brotherhood of Electrical Workers Local 3.

Cache Inc, which is in bankruptcy, laid off 103 workers effective 3/18/2015. 

Morris Okun, a Hunts Point-based food distributor, announced the sale of its site to Katzman Produce. 115 workers were notified of possible layoff by 6/12/2015. The workers are members of the International Brotherhood of Teamsters or the Office & Professional Employees International.

DAL Global Services lost a contract to provide airline cabin cleaning and baggage handling services for Delta Airlines at JFK Intl airport. All 621 DAL employees were notified of possible layoff as of 6/1/2015. Air Serv Corp is the new contractor.

Air Serv Corp lost a contract to provide cabin services for Delta Airlines at LaGuardia Airport. 178 employees were notified of possible layoff by 6/1/2015. Gates Aviation is the new contractor.

Two years after opening its lower-priced casual line, Kate Spade Saturday, the high-end retailer Kate Spade & Co said it will close it down. That means that all 19 shops, including a 3,000-square-foot store at 152 Spring St., in the heart of SoHo, will be shuttered by July. The Spring Street store was open for less than 18 months, following innovative digital displays that operated as stores. The company also said it is shuttering the retail outposts of its Jack Spade men’s brand—a move that will put two more prime retail spaces on the market downtown. By the second half of the year, space at 400 Bleecker St. and 56 Greene St. will be up for grabs.

Jones Apparel filed plans to lay off 229 workers between 1/28/2015 and 7/31/2015 as part of a previously announced restructuring.

Following the surprise announcemment of unexpected financial losses, Federation Employment and Guidance Services (FEGS) will cease a variety of programs run under contract with the City of New York and lay off more than 850 workers effective 4/20/2015.

Century Direct , a Long Island City-based printing firm, will invest $4.21 million in acquiring two, 85,000 square-foot properties in Islandia (Suffolk County) to house the company’s manufacturing operations. The $1.16 million renovation will allow the company to add 135 new jobs, and move its existing 177 employees to the Town of Islip-based properties from Queens. Century Direct plans to open the new facility in March 2015. Aiding Century Direct with the relocation and expansion are tax breaks from the Islip Industrial Development Agency

Reiko Wireless, a manufacturer and distributor of cellphone accessories that’s relocating from Brooklyn, will make a 130,000-square-foot former state distribution center on 13 acres in Central Islip (Suffolk County) its national headquarters. Reiko is moving to Long Island with the help of economic incentives from the Town of Islip Industrial Development Agency and discounted power from PSEG. The company is bringing 90 employees to its new location and has pledged to add 30 more in the next three years. Reiko will spend an additional $2 million on renovations and equipment for the Central Islip complex. Reiko plans to move in by the spring of 2015.

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