The Point CDC in Hunts Point never disappoints and is not afraid of speaking up…
Tag: Gentrification
The Daily News just released an exclusive report on how some affordable tenants are paying high rents—something we’ve been saying all along how “affordable housing” isn’t truly affordable.
Just this year Courtlandt Corners, an “affordable housing” development in Melrose (built by Phipps) began calling one of their buildings The Upton in a media campaign that would pop up in online ads calling it “affordable luxury”.
“Nearly half of the affordable apartment tenants in a new survey say they’re now spending more than 30% of their income on rent — a level considered “rent-burdened.”
A stunning 14% say they’re spending more than 50% of their income on rent, which makes them “severely rent-burdened.”
The findings emerge in a report to be released Wednesday by the housing advocates Real Affordability for All.
Joseph Chetrit of The Chetrit Group and one of the developers behind the attempt at…
We are a diverse and resilient people, here in The Bronx.
Bronxites are an extremely proud group of people considering that many would dare ask what do we have to be proud about?
We not only survived abandonment, the arson which burned neighborhoods to the ground, rampant drug problems, violence and other ills but we rebuilt our borough without the aid of greedy outside interests.
Developers Somerset Partners and the Chetrit Group who are planning as many as six 25 story residential market rate towers (of which 3 have already been filed with the Department of Buildings for construction) has put up a new billboard proclaiming the area of Port Morris as the ‘Piano District’.
The billboard is prominently aimed at Manhattan and drivers who are heading home to the posh suburbs of Westchester County and Connecticut as they head on home, easily viewing the sign.
The billboard promises, luxury waterfront living, world-class dining, fashion, art, and architecture in a neighborhood where the majority are living well below the poverty line and are fighting for their very lives as they suffer health disparities disproportionately more than others across the city.
The gentrification wars in the South Bronx have taken an interesting and pretty repulsive turn for the worse.
An exclusive Halloween party is being planned for the Harlem River waterfront right across from Mott Haven Bar and Grill by Somerset Partners and the Chetrit Group at one of their recent purchase where 3 of reportedly six 25 story residential market rate towers have been filed for with Department of Buildings for construction.
Whitestone Cinemas, where countless Bronx residents both former and current have tons of fond memories at the old drive-in and movie multiplex, has sold again, this time to mega developer Extell—for $41 million.
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
Here comes the wave of generic, not-so-unique chains.
According to construction workers at The Melrose Building at 260 East 161st Street where a Starbucks just recently opened, the popular fast food chain Chipotle is coming.
Although we were unable to confirm this with the food chain or management at 260 East 161st Street, plenty of construction workers at the space confirmed that indeed Chipotle was coming to Melrose.
In a pro-gentrification piece written by The New York Times, it was announced by one of the developers of the three 25 story residential towers (of 6) planned for the South Bronx Harlem River waterfront, that 1 bedrooms would rent for a mind-blowing $3,750.
From a 3rd generation Jewish shopkeeper, to a Salvadoran auto worker, to an African hairdresser and a Latina nail salon worker, these are the people that the Bronx Documentary Center’s Bronx Photo League have been documenting for many months now for their upcoming exhibition, ‘Jerome Avenue Workers Project’.
Last year, New York City Department of City Planning announced that they were studying the “Cromwell-Jerome” area of The Bronx—an area that doesn’t exist which spurred fears of rebranding and gentrification—for possible rezoning due to rise in population and projected increases in population over the next several decades.
Barely a year since we reported properties on either side of the Third Avenue Bridge approach were purchased for obscene and speculative amounts, three of the lots have had recent plans filed for three 25 story residential towers which, if approved, will bring what appears to be 1,661 market rate units to the area.
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