Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)
[Stay on top of transportation news: .]
Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc., has signed a lease in Brooklyn for its first New York City retail store.
California-based Rivian is opening a New York flagship in Williamsburg, according to a statement. The lease at 360 Wythe Ave. spans more than 12,000 square feet and will be a showroom for electric vehicles.
Williamsburg’s retail corridors have stayed busy during the pandemic, and the area’s “relatively young, relatively wealthy” residents also were part of the allure for Rivian, said Ken Copeland, partner and chief investment officer at Flank, the developer of 360 Wythe.
Want more news? Listen to today's daily briefing belowor go here for more info: