Hunts Point Market signs temporary lease

The Hunts Point Market is staying in the borough until at least the end of the year.The lease with the city for the market expired

THE BRONX - The Hunts Point Market is staying in the borough until at least the end of the year.

The lease with the city for the market expired yesterday. Market executives and the city were at the negotiating table working out a new lease. Vendors had earlier said rising costs and an aging facility could prompt them to relocate to New Jersey.

However, executives were able to sign a nine-month temporary lease today. The agreement includes plans to work on creating a larger, modernized market. The market is a borough staple bringing in about $2 billion per year and employing thousands of people.

Hunts Point Market fighting to stay in borough

advertisement | advertise on News 12

Trending Video

News 12 The Bronx hit the streets to 1 Word on the Street: People who take selfies
Tips to stay commited to your fitness resolution 2 Tips to stay committed to your fitness resolution
3 Volunteers repaint Bronx River Community Center
Police say a 23-year-old man was shot inside 4 Police: Man shot inside Bronx barbershop
5 Bronx Sportscast, Jan. 16

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE