SAN JOSE – Councilmember David Cohen represents District 4 where the San Jose Flea Market is located. The site was approved to have 3,500 housing units built here, until the builder announced that it wants to build 940 units instead, due to cost concerns.'If it means waiting a few years until interest rates come down and cost of construction stabilizes, I think that's the right thing to do,' said Cohen.
'The agreement was set up in 2021 is that the vendors would get a one-year notice before the Flea Market would close down,' Cohen explained. 'And they would get that notice and they would have time to prepare. So, they have not been given that notice yet, the soonest they could be given that notice is January.'Martin Cruz, a vendor at the Flea Market, said its hard finding customers during the week. 'We don't know exactly when this is going to happen.