FreshDirect Nabs $50M Bridge Loan for New Bronx Headquarters

A FRESHDIRECT DISTRIBUTION CENTER. Sterling National Bank has provided a $50 million mortgage to FreshDirect for its corporate headquarters and distribution center at 2 St. Ann’s Avenue in the Bronx. The bridge loan acts as a short-term construction loan and will support completion of the new facility—expected to open later this year, sources familiar with the deal … Read moreFreshDirect Nabs $50M Bridge Loan for New Bronx Headquarters

Mississippi auditor says GreenTech shrank to 10 employees, McAuliffe responds: ‘I left a long time ago’

A Mississippi official investigating the activities of an electric car company created by Virginia Gov. Terry McAuliffe has found that the company did not come close to creating the 350 jobs it promised and had shrunk to about 10 employees as of early 2017. In a report released Wednesday, the office of Mississippi State Auditor … Read moreMississippi auditor says GreenTech shrank to 10 employees, McAuliffe responds: ‘I left a long time ago’