Last year Krispy Kreme signed a long-term lease for a 26,000+ square foot industrial space…
After almost three years since it was announced, the mega project La Central has moved one step closer to reality as New York City Council approved this development yesterday.
With 992 units planned, a 50,000 square foot YMCA, 10,000 square foot television studio for BronxNet, and also an astronomy lab and observation deck among many other features, La Central is one of the biggest mixed residential and commercial developments coming to The Bronx.
All across the city, we are seeing neighborhoods being destroyed by real estate speculation pushing out longtime residents and established small businesses. Predatory landlords target working class communities inhabited predominantly by ethnic minorities, repackaging it as a “luxury community” which intentionally drives out longtime residents and small businesses. The question is no longer if gentrification is coming to the Bronx, the question is how fast will it happen and what are the consequences to Bronxites?
Last year, Bronx Borough Developer, I mean President Ruben Diaz Jr called to study three Bronx rail yards for possible decking to spur further development throughout our borough.
Today he has issued the findings of the report which singles out the Concourse Yards in Bedford Park and nixing out the 149th Street yards in Melrose and Broadway Yards in Riverdale as currently logistically unfeasible.
Zaro’s Bakery was founded in The Bronx back in 1927 by Polish immigrant Joseph Zaro and in 1959, the iconic location at Parkchester was opened. For 56 years the store has been a favorite for generations of Bronxites and now the store is closing its doors for good.
In the first wave of construction in Melrose, over 3,000 units of “affordable” housing were constructed bringing thousands of new residents into the area and making the neighborhood the fastest growing neighborhood in The Bronx and 3rd fastest in New York City as per the 2010 census.
Now Melrose is experiencing its second wave of major construction as the last remaining parcels of what was once empty lots filled with the rubble of burnt out and abandoned buildings are being filled in with new affordable developments and even market-rate developments with over 2.1 million square feet of developments are in various phases of construction
ReThinkNYC has submitted a massive regional proposal to improve access to La Guardia Airport (LGA) as part of a competition to modernize NYC’s 4 area airports in which the winner would fetch a $500,000 prize.
In short, the proposal seeks to essentially wipe out about half of the existing Port Morris neighborhood east of the RFK Bridge and adding a convention center, parking, terminals and rail links straight into an expanded La Guardia Airport that would take over Riker’s Island as well.