The Bronx is slowly shedding its negative image as it boasts a job growth that is outpacing the entire New York City, and the fastest wage increases than any other borough in the city, reports Daniel Massey for Crain's New York Business.
The Bronx used to be a place that people fled, but Massey how it has made a turnaround:
"Housing has played a vital role in the borough's turnaround, attracting people to a borough they once fled and setting the stage for a gradual economic revitalization."
"Fueled by its relative affordability, its proximity to Manhattan and its transportation links, the Bronx is 'the last bastion of opportunity in the city,' said Marlene Cintron, president of the Bronx Overall Economic Development Corp. 'The Bronx is the place that is ripe for development.'"
FULL STORY: Three cheers for the blossoming Bronx
Rents Rise in New York City Even as Eviction Crisis Mounts
Although many tenants are still waiting for rental assistance funds to avoid eviction, rents are rising steadily in the city's wealthiest boroughs.
How Housing Fared in 2019
Next City's Jared Brey reviews a year of developments in housing politics and policy, teasing out several big trends.
Too Much Obsessing over Gentrification?
The recent glut of luxury development, gentrification, and high rents has been frequently condemned. But what factors affecting affordability might that discussion miss?
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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