Fresh Direct, Inc. f/k/a Gourmet Holdings, LLC (1999)

Awarding Agency: IDA
Address: 23-30 Borden Avenue
Borough: Queens
Block: 68
Lot38
Subsidy Program: Industrial Incentive
Start Date: 12/08/1999
End Date: 06/30/2025
Jobs projected: 160
Current jobs: 1694
Total value of subsidy: $5,337,000
Amount used to date: $2,260,000
Percent of employees living in NYC: 95
Recapture amount: $0
Data source fiscal year: 
2010

Notes

In early 2012, Fresh Direct, which has received over $2 million in New York City subsidies, threatened to move its operations from Queens to New Jersey unless it received an incentive pacakge from City, State and Bronx officials worth over $100 million. On February 14, 2012 the New York City Industrial Development Agency Board of Directors approved an $81 million subsidy package for Fresh Direct to build a new facility at Harlem River Yards in The Bronx (IDA materials are herehere and here). The firm is expected to recieve approximatley $40 million more in capital grants, tax credits and loans from New York State and the Bronx Borough President and Bronx Overall Economic Development Corporation. Fresh Direct is often criticized for its low wages and anti-union policies.

See more information on the Fresh Direct subsidy deal, including a related news articles and testimony by GJNY and others.

Fresh Direct's Lease Agreement with the New York City Industrial Development Agency for their current location in Queens.