Coffeed

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Coffeed
FoundedSeptember 2012 (2012-09)
FounderFrank Raffaele [1]
DefunctDecember 2019 (2019-12)
Headquarters
Long Island City, Queens, New York City
,
United States
ProductsCoffee

Coffeed was a "philanthropic artisanal coffee company" with its headquarters in Queens, New York City, USA. [1] The company opened its flagship location in Long Island City in September 2012. [2] As of June 2019, the flagship location on Northern Boulevard closed and the LIC Landing became the new flagship location. [3] [4] By February 2016, Coffeed had a dozen locations in the New York area and one in Seoul, South Korea. [1] Included among them are LIC Landing, an outdoor café in Hunter's Point South Park, and New Leaf, a restaurant in Manhattan's Fort Tryon Park. [2]

Coffeed closed all locations and ceased operating in December 2019.

Business model, charitable partners

Each Coffeed location donated a portion of its revenue (usually 3-10%) to a charitable partner based in the same neighborhood as the store. [2] Former partners included The New York Foundling, New York Restoration Project (NYRP), City Growers, and Community Mainstreaming Associates. [2] As of 2016, Coffeed had donated nearly $250,000 to charity. [2]

References

  1. 1 2 3 Fung, Amanda (January 6, 2016). "A Local Coffee Company Grounds Itself In Philanthropy". Crain's New York Business.
  2. 1 2 3 4 5 Murray, Christian (January 26, 2016). "Coffeed To Open New LIC Facility, As New York Expansion Continues". LIC Post. Archived from the original on February 28, 2016.
  3. "COFFEED - LIC Flagship - CLOSED - Sunnyside - Long Island City, NY". Yelp. Retrieved June 29, 2019.
  4. "LIC Landing – Flagship – COFFEED NYC". www.coffeednyc.com. Archived from the original on June 29, 2019. Retrieved June 29, 2019.