BRONX, N.Y. — Princeton Laundry closed Wednesday on the purchase of an old textile mill in Paterson, N.J., that will become the company’s new base of operations later this year.
The third-generation company that cleans linen and uniforms for upscale New York City hotels and clubs paid roughly $4.2 million for the 93,000-square-foot building after deciding it had outgrown its 30,000-square-foot New York location, according to Michael Garlasco, Princeton Laundry’s vice president.
