Fulton Fish Market

In November 2005, the Fish Market relocated to a new facility in Hunts Point in the Bronx, from its historic location near the Brooklyn Bridge along the East River waterfront at and above Fulton Street in the Financial District, Lower Manhattan.

The first was formerly situated in Maiden Lane on the East River side, and was called Fly Market.The Fulton Fish Market initially served primarily housekeepers from the surrounding areas and Brooklyn.

In 1988, the U.S. Attorney's Office filed a suit under federal racketeering laws to appoint a trustee to run the market.

[6] Since 2001, the market has been regulated by the City of New York's Business Integrity Commission in an effort to eliminate organized crime influence.

[9] The move from the historic Manhattan site was due to a number of factors:[10][11][12][13][14] The move brought 650 workers from the market's former location into the Bronx,[15] with an additional 5,500 diesel truck trips through Hunts Point per week (according to the NY Metropolitan Transportation Council)[16] – bringing the weekly total to 60,000.

[17] The facility generates over $1 billion in yearly revenue, and allows seafood distributors to store their goods in temperature controlled warehouses with easier transportation access due to its proximity to the Bruckner Expressway.

The 400,000-square-foot (37,000 m2) facility has better access to major highways in Hunts Point, but does not utilize the nearby LaGuardia Airport in Queens.

Asian buyers were more likely to resell fish whole to retail and fry shops in poorer neighbourhoods, or sell to establishments in Chinatown where the restaurant sector was highly competitive.