A local coffee shop that opened in 2023 is closing its doors in the Mile Square… for now. The Company Kafe, located at 527 Jefferson Street in Hoboken, recently announced it would be closing up shop on Friday, August 2nd as the coffee shop searches for a new location with more foot traffic. The Company Kafe serves up a variety of coffee drinks and baked goods, among other things. Read on for what we know about The Company Kafe’s closure in Hoboken, New Jersey, and what we will miss about the local java spot.
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The Company Kafe’s Closure + About the Spot
The Company Kafe first opened in the Mile Square on Friday, April 14th, 2023, and had its grand opening on Friday, April 21st. On Thursday, August 1st, 2024, the coffee shop announced that it would be closing on Friday, August 2nd — citing the lack of foot traffic in the area for the closure.
Read More: Hidden Grounds Coffee in Hoboken Closes Hudson Street Store; Opening New Location in JC
“Important Announcement
Dear Company Kafe Family,
After much consideration, we’ve decided to close our location at 526 Jefferson St. as we search for a new space with more foot traffic. We hope to serve you again soon!
We want to express our deepest gratitude for your loyalty and support. As a small family business with deep roots in Hoboken since our families arrived from Ellis Island, this will always be our home.
In the meantime, stop by for your favorite drink one last time and enjoy 10% off pastries. Thank you for being part of our journey. We look forward to welcoming you to our new location soon! ☕❤️
With heartfelt thanks,
the Company Kafe Team
#CompanyKafe #Hoboken #ThankYou #SeeYouSoon #FamilyBusiness”
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The Company Kafe team shared the following statement with The Hoboken Girl regarding the closure:
“We’re sad to share that this location didn’t quite pick up as we hoped. However, we are looking for new opportunities in a part of town that has some more daily foot traffic. Our family has been in Hoboken for many generations and this will always be our home! Our love for Hoboken and the people here will keep us going!
In the meantime, we’ll be bringing delicious Uncle Louie G’s gourmet homemade Italian ices and ice cream with coffee add-on options to Hoboken, NY, and NJ for private events, pop-up locations, markets, and feasts. Follow along @unclelouieg_eventtruck for updates.
We also hope to see you all down the shore at our sister restaurant, Breakin Bread on the Boulevard in Seaside Heights. You can find us on Instagram @breakinbreadblvd.”
Pastries will be 10% off at The Company Kafe up until the closure. The spot also mentioned in the post that “It’s not goodbye, it’s see you soon”, saying that the team will be looking for another Hoboken locale to open up in. We’ll keep you updated as more details come out about that.
The Company Kafe serves up traditional coffee shop fare, including baked goods, as well as items like homemade marinara sauce, chicken soup, pasta salad, focaccia bread, and traditional Italian items as well as Italian ice from Uncle Louie G. In addition, the shop serves fresh bread from Antique Bakery and bagels from Bagels on the Hudson.
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Locals still have the chance to visit The Company Kafe one last time before its closure on Friday, August 2nd. Another local coffee favorite, Hidden Grounds, also recently announced the closure of one of its Hoboken locations, with a new Jersey City location coming soon. For more of our java coverage, click here.
See More: A Guide to Montclair’s Best Coffee Shops
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Proposed Plan Looks To Redevelop Hoboken Parking Garage Into Mixed-Use Apartment Building
A 40-year-old parking garage in downtown Hoboken could be transformed into a new apartment building. The City of Hoboken proposed plans to transform Municipal Parking Garage B at 28 2nd Street in Hoboken into a mixed-use building. The plan was unveiled during a virtual community meeting on January 7th, 2025, but has yet to be adopted by City Council. Here’s what we know so far about the proposed plan to revitalize one of Hoboken’s largest parking garages.
The Plan
The goal is to redevelop Garage B into a transit-oriented, mixed-use site. The City wants it to have a new, updated parking garage, ground-floor retail space, a school, and residential housing. According to the plan, “Garage B is the only garage that exists as a standalone building, without other buildings attached to or flanking the garage structure. Garage B is also located furthest south and is closest to the Hoboken Terminal. For these reasons, Garage B has fewer barriers to construction than the other Garages locations.”
Read More: Groundbreaking Held for Residential Portion of Hoboken Connect Project
The housing portion of the new site would include a minimum of 20% affordable housing for low to moderate-income households. The remaining balance would be affordable for households that don’t make more than 120% of the regional median household income in the region. No market-rate housing is part of this redevelopment plan.
“The intent of workforce housing is to provide opportunities for working- and middle-class residents to live within the City of Hoboken,” said Marilyn Baer from the City of Hoboken. “These residents can include police and fire officers, teachers, municipal workers, nurses, and other essential workers.”
According to a recent study done by the City of Hoboken, the parking garage is in substantial need of repair. The garage would be getting a much-needed update and Hoboken says the new space will have the same or possibly more parking spaces for residents and visitors to use, along with modern technology to help make the parking process a breeze.
The Goals
This plan is part of Hoboken’s Redevelopment Plans, aiming to improve the City to make it safer for both residents and visitors. Some of the other goals for this site include maximizing the future building’s proximity to the Hoboken Terminal, increasing access to to NJ Transit, the PATH, the Light Rail, and ferry services. Project leaders aim for new construction to be compatible with the surrounding area. They also want to make sure ground floor space is spaced and utilized well to improve the pedestrian experience on Hudson Place and River Street.
This redevelopment plan also calls for pedestrian safety improvements in line with the City’s Vision Zero goals. It will also use stormwater mitigation strategies to help reduce local flooding.
See More: What’s Filming in Montclair + Essex County? An Ongoing List of Movies and TV Shows
Again, this is still just a proposed plan. If it’s adopted by the City Council, the City of Hoboken plans to send out a Request for Proposals from developers for concept plans. From there, the City will provide for an additional public process ahead of a potential Redevelopment Agreement between Hoboken and a developer, according to Marilyn Baer.
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