The gentrification of the South Bronx is in full swing despite denials by our borough president, Ruben Diaz Jr, that it isn’t happening.
Yesterday we reported on the expansion of the landmarked Clocktower Loft Apartments and today we share the exclusive story of the first market-rate condominiums coming to the Lower Concourse Rezoning Area.
The old 2 story factories at 221 E 138th Street at Canal Place has been torn down and in its place will rise a 7 story, 50 unit condominium development with ground floor commercial space according to Anthony Gurino of Tahoe Development which purchased the buildings for $2,800,000 in September 2015.
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