FreshDirect may be making yet another move — this time to Brooklyn.
The 13-year-old online grocery-delivery company is currently in the process of moving out of its Long Island City location and up to a new facility in the South Bronx, but apparently it needs even more space. (more…)
As the breeding ground for all things small-batch and locally produced, Brooklyn makes sense the home base for Farmigo, a startup that’s something like Seamless meets CSA. The company looks to be thriving, and it seems that both the Brooklyn consumer and venture investors see something in it too.
Farmigo announced Wednesday that they raised $16 million in Series B funding to expand their vision for connecting farmers with eaters. But the expansion is also physical — they’re planning to move this month from their Gowanus HQ into a new 8,800-square-foot space in Bushwick. (more…)
Perhaps nothing is as emblematic of both the old and new Brooklyn as the newly restored Kings Theatre in Flatbush. After a $93 million restoration, it opened in February for the first time in 40 years and has gone on to win a preservation award and kindle renewed interest in the area.
And now it will be acquired by Ambassador, a vertically integrated theater chain, which produces shows, sells tickets and runs theaters. The iconic theater was not an acquisition target on its own but is part of another theater group, ACE Theatrical Group, that Ambassador is acquiring, The Wall Street Journal reported Tuesday. Terms of the deal were not disclosed. (more…)
You’ve heard of the 421-a tax incentive program, despised by the de Blasio administration and abhorred by many locals, who view it as an antiquated tax break no longer applicable to since-gentrified areas. 421-a, however, is not the end all of tax breaks.
REAP stands for the Relocation and Employment Assistance Program, a relocation tax credit for relocating commercial and industrial businesses, excluding retail and hotels. REAP provides business income tax credits to businesses previously located outside New York, or below 96th Street in Manhattan, that are relocating jobs to the outer boroughs or specified areas above 96th Street.
A tea shop is opening at 7104 3rd Avenue in Bay Ridge, Brownstoner saw on a recent walk through the neighborhood.
Mi-Tea will open in the space formerly occupied by This & That Thrift Shop. A poster in the window advertises dishes such as “secret ramen with XO abalone sauce” and “burning sauce tofu,” along with various milk teas and juices. (more…)
BioLite is not your average Brooklyn maker company. The 45-person team is building a next-generation personal power grid by creating wood-burning stoves that generate electricity on demand. Located near the Manhattan Bridge in Dumbo, BioLite just received another $5 million in funding and financing.
When Brownstoner visited BioLite on a recent summer afternoon, the office was pleasantly humming with conversation about the “Off Grid Office” they’d built upstate near Hudson, N.Y. In the Dumbo lab, engineers measured the thermal output of a cookstove beneath an industrial air hood.
Jonathan Cedar, the company’s banjo-playing co-founder and CEO, says that “the craft of inventing and making physical things is the strongest skill set” of his team. It’s an aptitude that comes in handy when designing camping equipment that crosses over to infrastructure.
From Carroll Gardens to Bushwick, coworking is booming in Brooklyn. The number of these shared spaces has grown rapidly in the last few years, offering amenity-rich workspaces for creative freelancers, novelists, and coders alike.
The recipe for a coworking space is simple. Get a nifty name, lease a large commercial space, carve it up into areas of varying sizes with monthly — or even daily — rental fees, and offer lots of extras.
WeWork — one of the world’s largest coworking companies and currently valued at $10 billion — is doubling down on the future growth of Brooklyn coworking. But they are by no means the only name in the game. A clutch of smaller companies — Dumbo Startup Lab, Makeshift Society, Cowork|rs, and dozens more — are also in the mix.
Brooklyn is no stranger to the garment industry. New York City’s historic Garment District was staffed largely by immigrants from Brooklyn and the Lower East Side, and many consider present day Sunset Park to be the center of garment making in NYC.
Small-batch Brooklyn menswear is taking it back to the borough’s DIY roots and contributing to the wider maker movement at large. Some brands have been keeping it old school since the beginning, while others are revitalizing old world methods of manufacturing.
Here are five Brooklyn-based men’s haberdasheries keeping their craft local. (more…)
In spite of its vaguely theme-park feel, Paris Baguette is a decent addition to the block. Peter Schubert, Partner and Managing Director of Retail at TerraCRG, recently told Brownstoner that the northern Court Street area has become “one of the go-to corridors for national retailers entering the Brooklyn market.”
Schubert mentioned that commercial rents along the street average between $100 to $150 per square foot, with some getting close to $200 per square foot. That’s not an insignificant sum. But it may be a good investment for Paris Baguette, as it strives for international expansion. (more…)
Picture of JackRabbit Sports from its Facebook page
Have you ever been one of the first people to discover a band? All you want is for them to become successful, because damn it, they deserve it. Then they get a big record deal, and they don’t play small gigs any more. Now they’re playing stadiums. Everyone knows who they are, and no one cares that you knew them back before they were cool.
You really did want your favorite band to succeed. But now you can’t help but feel left behind.
A lot of people have similar feelings about Brooklyn’s popular running store JackRabbit Sports being sold to Finish Line’s Running Specialty Group, according to a recent piece in The New York Times.
From the annals of the improbable: Caterer to New York City socials Serena Bass has bought a townhouse in Bed Stuy, according to a story last week in The New York Post. (Bass used to own Serena’s in the basement of the Chelsea hotel; her ex husband David Shaffer is also ex husband to Vogue chief Anna Wintour.) The only listing we could find for the property is for a three-bedroom rental, which was asking $3,200 but recently dropped to $3,000. Bass’ son reportedly paid $860,000 for the property at 229 Macon Street, above. Bass plans to hold catering and cooking classes in the townhouse, according to the Post. Ah-mazing. Photo by Christopher Bride for PropertyShark
Are any readers out there looking to start a design business? Lauren Stern, whose Carroll Gardens apartment was featured on Brownstoner’s The Insider last year, will be teaching a class on the business aspects of striking out on your own. Known for her “cozy, comfortable and warm” style, Stern worked as an interior designer at the firm Wilson Associates and as an event producer for Black Book Magazine before opening Lauren Stern Design in 2007. In addition to working on client projects, she is currently renovating her own house in Boerum Hill. “The Nuts and Bolts of Starting an Interior Design Business” will cover how to charge, the five phases of any interior project, and growing your business, as well as regulatory and legal requirements. The class, which costs $11, will take place at the Brooklyn Brainery at 515 Court Street in Carroll Gardens from 8:30 pm to 10 pm on Dec. 10.