Wednesday, June 11, 2008

NYC's Biggest Produce Market May Relocate to New Jersey

America's biggest wholesale produce market is looking to leave
New York -- if the city doesn't help rebuild the aging, outdated
facility in the Bronx.

Steven Katzman, co-president of Hunts Point Terminal Produce
Cooperative Association, a vendors group, said a meeting is scheduled
in late June to consider options for moving the market to New Jersey.


``But we'd rather stay here,'' he added.


The Hunts Point market supplies 3.3 billion pounds of fruits and
vegetables a year worth over $2 billion to more than 10 million
consumers, vying with France's giant Rungis produce market just south
of Paris for sheer size and volume of sales.


The vendors' cooperative pays more than $4 million a year to use the
125-acre, city-owned facility, which includes about 400,000 square feet
of refrigerated warehouses, plus railroad tracks, loading docks and
parking for trucks.


Katzman said the 41-year-old market is not up to today's standards,
citing as an example its open loading docks without refrigeration.


Katzman said the city's Economic Development Corp. had come up with
an initial rebuilding proposal that would cost $750 million, as
estimated by a city-hired consultant.

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