A $39 million, 60,000-square-foot cold-storage facility on a 135,000-square-foot lot in the Hunts Point neighborhood in the Bronx. The facility will include a green roof, solar panels, a green wall façade, electric charging stations, and rainwater harvesting capacity.
Finance and Development Partners
Enterprise Community Loan Fund
Low Income Investment Fund
NYC Economic Development Corporation
New York State Regional Food Hub
JP Morgan Chase
Farm Credit East
FNL provided full title services for this complex New Markets Tax Credit project, which will bring millions of pounds of healthy, local produce to thousands of New Yorkers in “food desert” neighborhoods, where access to affordable, healthy, and fresh produce is limited.