City Board Approves FreshDirect Financing

NEW YORK — The board of directors of the New York City Economic Development Corporation voted Tuesday to approve a $128 million financing package allowing Internet grocer FreshDirect to build a new facility in the Bronx.

The approval came amid objections from attendees at the board meeting and from opponents of the subsidies who raised concerns over environmental impacts and workers' wages on the matter last week. A published report Tuesday said a repr

Register to view the full article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.