Tag: Gentrification

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In The Bronx’s Oldest Shopping District, Dozens of Vacant Store Fronts Dominate The Area as Gentrification Tightens Its Grip

The Hub—The Bronx’s oldest shopping and commercial district located in the South Bronx neighborhood of Melrose is going through the most profound changes since the 70s and 80s when the neighborhood burned around it and its main train line, the Third Avenue El was put out of service and torn down.

Since its beginnings over a century ago when the borough was experiencing a population boom adding over 1 million residents in a span of 30 years, Melrose and The Hub, attracted residents from all over The Bronx due to it being an excellent transportation nexus—and still does today.

New “affordable” housing developments have been constructed surrounding the area and adding over 3,000 apartments and tens of thousands of new residents—with thousands of more units in various stages of construction or planning to come.

As gentrification tightens its grip on the South Bronx, long-time businesses are closing their doors as landlords either are not renewing leases or simply the new rents are too high to keep up.

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LISTEN: 4 Ways The South Bronx Is Gentrifying—WNYC Wants to Hear From You

Welcome2TheBronx joined WNYC on a discussion about gentrification in The South Bronx centering in on Mott Haven and the surrounding areas for this long-term project on the housing affordability crisis.

(If you live or work in the South Bronx, WNYC wants to hear from you and journalist Sophia Paliza-Carre will be stationed at the Mott Haven Library on E 140th Street and Alexander Avenue a few hours each day. Reach out via email to: spalizacarre@wnyc.org or via social media using the hashtag #motthavenspeaks)

Clocktower Expansion in Port Morris Will Be The Bronx’s Most Luxurious Development To Date—For Now

A year ago, Bronx Borough President Ruben Diaz Jr said that there was no gentrification taking place but either he was flat out clueless or lying—we’ll let you decide for yourselves.

Now, as the South Bronx Clocktower’s extension has reached its planned height of six stories, renderings have been revealed showing what will be the most luxurious development in The Bronx, something we don’t say lightly.

The new building will add 190 units to the existing 90 already at the landmarked Clocktower, a new fitness center, a game room, lounge, sports court, and an indoor sky-lit swimming pool.

Bronx BP Diaz Jr’s ‘New Bronx’ Isn’t For All—Unless You Can Afford It 

It’s been a while since we’ve heard Bronx Borough President Ruben Diaz Jr utter the words ‘New Bronx’, something we’ve been vocally against along with legions of Bronxites.
But he doesn’t have to, the damage is done and it’s already embedded in the psyche of people from billionaire developers of the oligarchy to the working poor who make our beautiful Bronx run.

The Village Voice published an article titled, ‘Brooklynizing The Bronx: Will The Boogie Down’s Boom Leave Thousands of Workers in The Dust?’ which examines, among many things, Ruben Diaz Jr’s ties to real estate interests and his lack of advocacy for the auto workers of Jerome Avenue who are facing displacement and loss of thousands of jobs as the area faces rezoning.

Port Morris Townhouse For Sale For a Ridiculous $995,000

Gentrification full speed ahead!

A townhouse on E 134th Street has been listed for sale by Corcoran for $995,000 and other than a major renovation, there is nothing special about this home to justify such an outrageous price way above actual market value.