LATEST NEWS

LATEST NEWS

Bronx Home Prices Reach New Record; Rapid Gentrification Predicted

The Wall Street Journal states that Bronx home prices have, “…eclipsed the previous record set in 2006”. This increase is largely due to the rise in real estate prices in the South Bronx. And Mott Haven reminds realtors of SoHo 30 years ago and Dumbo 15 years ago as gentrification speeds up. But the rise…

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JPMorgan Chase Creates $2 Million South Bronx Entrepreneurs of Color Fund

JPMorgan Chase provides $2 million to create South Bronx Entrepreneurs of Color Fund

Following the success of Detroit’s Entrepreneurs of Color Fund, JPMorgan is creating the South Bronx Entrepreneurs of Color Fund. The $2 million fund will provide necessary capital to minority entrepreneurs including women. One of the biggest hurdles for people of color embarking on their entrepreneurial journeys is accessing capital that is readily available to other…

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Preliminary Renderings for New YMCA in Edenwald Revealed

YMCA in Edenwald

A 50,000 square foot YMCA in Edenwald is coming and new, preliminary renderings were released today. In a press release issued by the New York City Economic Development Corporation, the facility will include two pools, full basketball court, and programming for residents of all ages. Located at at 1250 E 229th Street across from Cardinal…

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