Several affordable housing buildings being constructed in The Bronx are still accepting applications online or via mail but don’t wait as deadlines are quickly approaching for the Norwood and Longwood developments.
Real Estate
Real Estate Weekly reported that The Bronx saw a record breaking increase in sales of multifamily properties reaching $2.4 billion in transactions in 2014 as per data published by Ariel Property Advisors’ Bronx 2014 Year-End Report. Meanwhile, developer Cherit Group is reportedly planning to construct six 25 story towers along the Port Morris waterfront of market rate apartments and condominiums.
During the State of The City, Mayor Bill de Blasio announced a $200 million investment in the South Bronx waterfront for development as a focus of his administration’s agenda. The Mayor also announced that new ferry services being touted for the East Bronx and Far Rockaway in Queens will cost the same as a subway fare — something which Welcome2TheBronx insisted had to occur in order for it to be an equitable service that truly serves the people of The Bronx.
The Bloomberg administration spent $65 million in new intake facility in The Bronx on 151st Street back in 2011 making it the only place the city’s homeless population could come to seeking a place to stay.
Now, the de Blasio administration is doing away with such failed policies by creating a second facility in Brooklyn which is scheduled to open sometime this Spring.
In 2014, 37% of the city’s homeless population had their last residence in The Bronx and combined with Brooklyn, both boroughs accounted for a whopping 65% of the homeless population.
This past Tuesday, January 20th, YoungWoo and Associates finally unveiled a more detailed look at the full plans for the restoration and development of the landmark Bronx General Post Office at a hearing with New York City’s Landmark Preservation Commission.
2015 will give rise to new developments in Melrose, finally filling in the last remaining vacant lots as construction projects move forward. 3160 Park Avenue, which is bounded by 161st Street, Courtlandt Avenue and 160th Street, will go from a community eyesore in the heart of the Bronx’s Civic Center to an 11 story mixed-use 185,000 square foot residential building (including 21,400 square feet of ground floor commercial/retail space).
Major controversy surrounds the Cromwell-Jerome Neighborhood Study area and Crains New York just issued an article on it. The proposed 73 block study area was the topic of the recent 2nd Annual Bronx Gentrification Conference at the Bronx Documentary Center this past Saturday.
Neighborhood residents are fearful that city planning is coming in to upzone the area and push out long time residents as well as businesses.
Major controversy surrounds the Cromwell-Jerome Neighborhood Study area and Crains New York just issued an article on it. The proposed 73 block study area was the topic of the recent 2nd Annual Bronx Gentrification Conference at the Bronx Documentary Center this past Saturday.
Neighborhood residents are fearful that city planning is coming in to upzone the area and push out long time residents as well as businesses.
Today we received word from Henry Weinstein, the owner of the landmark Old Bronx Courthouse, who confirmed that not only are major renovations underway at the treasured building in Melrose but it will be the host of a major exhibition by the organization No Longer Empty.
A little over a year ago in December of 2013, the Bronx Documentary Center held its first ever Gentrification Conference (which received heavy media attention from NY1, Jeremiah’s Vanishing New York, TimeOut New York, Gothamist, DNAinfo, and The Daily News.
During that first initial conference, we talked about the many issues and pending developments in The Bronx. Now this year’s conference will be solution-oriented focused on the issues surrounding the controversial topic.
Please note: SPACE IS LIMITED and you must purchase tickets in advance. If you are a Bronx resident and cannot purchase a ticket in advance, there will be a total of 15 tickets at the door exclusively for Bronx residents ONLY and will be available at a discount of $7. A valid ID showing your Bronx address must be presented so that we can ensure that these tickets go to Bronx residents ONLY.
About 3 years ago I posted a rant on the use of the name SoBro by realtors in their never-ending re-branding quest of forgotten neighborhoods.
It was written as a response to a New York Times piece on Congressman Hakeem Jeffries’— and then assemblyman —wish to pass a bill that would have required approval by community boards, City Council, and the mayor before new neighborhood names could be used.
The 149th Street bridge over Metro North, between Lincoln Hospital, The Bronx Post Office, and Hostos Community College is currently a wasted potential.
Both north and south of the bridge, there is a great potential to do the same that is being done at the Hudson Rail Yards and possibly build much needed affordable housing on it with office towers on either side of the bridge.
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