Sweet Deal Lures Greenwich Village Chocolatier to Brooklyn

An insanely sweet deal has Koppers Chocolate leaving its Greenwich Village base in favor of Brooklyn's Liberty View Industrial Plaza in Sunset Park. The chocolatier has been at its 30k SF location at 39 Clarkson St since 1937, but pounced on the chance to expand when offered an incentive package that would bring its rent under $10/SF in Brooklyn and leave it free to sell the Greenwich Village property. Its new location will be 50k SF on Liberty View's third floor, Crain's reports. The almost-mouthwatering incentive package includes a $556k jobs program tax credit from the Empire State Development Corp (to create 27 full-time posts) and a $3K tax credit/employee from the city's REAP program. Kalmon Dolgin Affiliates and Newmark Grubb Knight Frank handle Liberty View's leasing on behalf of Salmar Properties. Other recent deals at Liberty View involved Saks, which is opening a 30k SF outlet, and Bed Bath & Beyond, which signed on for more than 100k SF. [Crain's]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Banks Are Manhattan's Latest Hot Retail Tenant

RXR Marketing Executive Lauren Maturo Dies At 32

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

$60B Fintech Ramp Inks Huge Expansion In Flatiron: The N.Y. Deal Sheet

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts