Tuesday, September 30, 2008

More On Bronx Development Projects

Click here to read the Daily News' Bill Egbert's take on the various development projects taking place in the Pelham Bay section of the Bronx and beyond.

The article seems to suggest that observers are hopeful that the Wall Street crisis will actually have a positive impact on the Bronx in the form of budget-conscious companies capitalizing on the real estate bargains to be had in the BoogieDown.

Assuming any incoming businesses work with local community boards and observe zoning restrictions, an influx of new companies in the Bronx would bring with it the promise of new jobs for the borough.

Maybe if Yofiore, a yogurt shop based in uber-expensive Brooklyn Heights, had set up shop in the Bronx, they wouldn't be forced to sell fro-yo for $11 a pop in order to pay their monthly rent of somewhere around $14,000 for a measly 600 square foot shop. Just sayin'...


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