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Finally, finally it seems that Trader Joe's execs saw the light (and profit potential) and decided to open a store in Brooklyn. We had heard rumblings that the company was looking to open at One Brooklyn Bridge Park, but instead, according to the Brooklyn Eagle, they'll be planting an outpost at 130 Court Street and Atlantic Avenue in the former Independence Savings Bank building, now a property of David Walentas' Two Trees Management. Score, David. From the Eagle, "Although none of the principals are ready yet to make an official announcement, several sources report that Trader Joe’s, an upscale supermarket chain focusing on specialty items, will take all the space within the former Independence Savings Bank building..." For those who gripe that a grocery store of this size (the rentable space is around
28,000 4,600 square feet) might adversely affect the neighborhood, don't forget that Walentas' previous plan for the space was to convert it into luxury apartments. We'll take inexpensive organic food over another ridiculously pricey rental building any day.
· Trader Joe’s Coming to Old Independence Bank Building [Brooklyn Daily Eagle via]
· Brooklyn Trader Joe's Looking More and More Likely [Racked]