Deep Joanna had more to share about the new Trader Joe’s at 130 Court Street.

According to our source, changes to the double brass door on Atlantic Avenue side of the old bank needed to be modified for receiving Trader Joe’s deliveries proved troublesome.

Naturally it required approval from the landmark commision, as the building has landmark status. landmark
status and that always takes time. The original door was just a huge
single door. The slight revision was for an expanded double door. They finally did get the approval required to make the changs.

 The building, a former bank, is officially the property of Two Trees Management As reported in the New York Observer, Trader Joe’s signed a lease 14,500 square feet
in the building. Retail space like that can go for more than $100 per square foot for the year.

Deep Joanna did the math: "Therefore
potentially within five years Two Trees Management will have 130 Court Street paid off in full. Afterrwards, it’s just pure profit for them. i’m sure
TJ’s has at least a 10 or 15 year lease although I don’t know for sure…"

Thanks Deep Joanna for info from the new Trader Joe’s.