Green Mountain Coffee Roasters has signed a lease for 6,200 square feet at 120 Fifth Avenue, Commercial Observer has learned, marking the public company’s first New York City location. The specialty coffee and coffee makers’ new sales office and showroom will span the entire third floor of the Bromley Companies’ 70,000-square-foot building at the corner of 17th Street.
“The space was on the market less than 30 days when we struck a deal with Green Mountain for one of the best spaces in the building with 13-foot ceilings, original exposed steel columns and oversize 9-foot windows,” the landlord’s broker, Bromley’s Peter Tong, said in a prepared statement.
Eat My Shorts
That’s the sense we get from Greenlight Capital founder’s second-quarter letter to investors, in which Mr. Einhorn also “throws France under the bond vigilante bus” (Zero Hedge), celebrates his successful short of Green Mountain Coffee Roasters (down more than 50 percent) and wonders when his wife, Cheryl, an adjunct professor at Columbia Business School, will quit poaching Greenlight research analysts.
The whole letter is up at Dealbreaker; a piece of Mr. Einhorn’s summary of the European situation is here:
It’s a fun day to be David Einhorn: As Green Mountain Coffee Roasters stock plummeted in the wake of disappointing second quarter results, the Greenlight Capital hedge fund manager—famously short Green Mountain, maker of K-cup coffee pods—published a 4,000-word homily in Huffington Post that ranges from jelly donuts to the Simpson family’s financial future to Read More