Empire State Development Announces Fashionphile To Establish Headquarters In New York City, Creating Nearly 150 Jobs

June 30, 2021

The Leading Online Retailer Specializing in Pre-Owned Ultra-Luxury Women's Accessories Will Invest $4 Million to Launch East Coast Headquarters

Empire State Development today announced FASHIONPHILE, based in Carlsbad, California, will invest $4 million to establish an East Coast headquarters in New York City.  The luxury recommerce company will lease over 60,000 square feet on the fourth floor of RXR Realty’s Starrett-Lehigh Building in West Chelsea and has signed a 10-year-lease to expand its operations beginning in 2022.  

Empire State Development Acting Commissioner and President & CEO-Designate Eric Gertler said, "FASHIONPHILE's decision to establish its East Coast Headquarters in New York City is further validation of the importance of building your business in New York State and demonstrates that this is a great environment for next generation companies looking to recruit talent and grow in a post-covid world. E-commerce is one of the many engines supporting the state's economic recovery, helping us to build back better and smarter, and we look forward to witnessing FASHIONPHILE's growth and success in the Empire State."

“Over the past two decades, FASHIONPHILE has grown to become a truly bicoastal company, and we are thrilled to finally open an office in the heart of New York City,” said Ben Hemminger, CEO of FASHIONPHILE. “We are proud to be part of the city's recovery efforts and are grateful to the State of New York and Empire State Development for creating the incentives we needed to make this exciting expansion happen for our company."

FASHIONPHILE, known for its extensive inventory of pre-owned, ultra-luxury designer handbags, jewelry and accessories, is a leading luxury e-commerce company and is ranked as one of the top ten searched fashion brands.  

Empire State Development has offered FASHIONPHILE $3.5 million in performance-based Excelsior Jobs Program tax credits over the next ten years in exchange for the company’s job creation commitment of 148 new, high-paying jobs. The project is expected to be complete by the end of 2025. 

This expansion marks FASHIONPHILE’s first corporate presence in New York City and follows the opening of their Madison Avenue showroom in 2018. In addition to the company’s existing headquarters in Carlsbad, California — which includes a 30,000-square-foot showroom and authentication center — FASHIONPHILE currently operates two technology offices in Los Angeles and Provo, Utah, and is the exclusive re-commerce partner of Neiman Marcus.

About Empire State Development 

Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.  

About FASHIONPHILE

Founded in 1999, FASHIONPHILE is the leader in buying and selling ultra-luxury pre-owned handbags and accessories online. The recommerce pioneer ranked as one of the most searched fashion brands on Google in 2018 and is known for its never-ending inventory of the most coveted handbags, a direct buyout model, and best-in-class authentication.

Contact:
Kristin Devoe | [email protected] | (518) 414-1087
ESD Press Office | [email protected] | (800) 260-7313