RFP: Jamaica Workspace Opportunity

The NYCEDC is seeking proposals for a co-working space, business incubator or combination of the two in downtown Jamaica, Queens, preferably on or near Jamaica Avenue and/or Jamaica Station. The submission deadline is December 19, 2013 at 4pm.

NYCEDC will consider:

  • Co-working space for freelancers, entrepreneurs, small businesses and startups
  • Incubator programs for startups and small businesses in the fashion, technology, new media services, arts/cultural, culinary and other business sectors
  • A combination of the two

If interested, you may submit questions no later than 5pm on November 15, 2013 to JamaicaWorkspaceRFP@nycedc.com or call the Contracts Hotline at (212) 312-3969.

You can download the RFP after registering for free here or pick it up in-person between 9:30am and 4:30pm Monday through Friday from NYCEDC at:

110 William St, 4th floor Mailroom Bid Desk (btwn Fulton and John sts.)

Starbucks’ Record-High EPS

Starbucks’ Q4 report showed a 37% percent increase in earnings per share, and revenue rose 13% to $3.8 billion, according to a company press release.

“The fourth quarter of fiscal 2013 capped off by far the best year in Starbucks’ 42-year history,” claimed Howard Schultz, chairman, president and CEO of Starbucks Coffee Company. “Our results were driven by disciplined, ongoing efforts to elevate the value and relevance of the Starbucks brand, continued innovation and the success of our efforts to deepen our connection to customers and communities around the world.”

The already omnipresent coffee conglomerate plans to open an additional 1,500 stores and get EPS in the $2.55 to $2.65 range in 2014. Things are only looking up for the lucrative company; Teavana, recently acquired by Starbucks, will open one-thousand tea bars over the next decade. Starbucks’ subsidiary Evolution Fresh entered a partnership with Whole Foods Market which will allow the supermarket chain to sell Evolution Fresh juice and Evolution Harvest snack bars.

Starbucks’ expansion to the tea, juice and snack markets will almost guarantee a long future of continued revenue growth.