Bronx, NY– One of those businesses that is thriving and contributing to the economic boom in the Hunt’s Point area of the Bronx is doing so after fleeing Manhattan’s skyrocketing rents. Down East Seafood, Inc. has not only created jobs and tax revenues for the Bronx, but it is also helping to spruce up its environs.
Down East’s owner, Edward Taylor, first started out in the seafood business in 1989 selling clams door-to-door to restaurants throughout the New York City. After turning his first profit he established Down East Seafood with company headquarters located in his personal apartment. As his distribution grew so did his number of employees, and in 1996 he moved the business to the Meatpacking District in Manhattan. Once famous for its vacant lots and affordable warehouses, the recent gentrification pushed out Down East along with so many other small businesses.
In 2006, the Business Initiative Corporation of New York provided Down East with a $2.5 million HSBC... Read More