Business
Affordable Bronx Business Space
The first city-sponsored business incubator in the Bronx officially opened its doors earlier today.

17 Bronx Post Offices Set For Closure
Major cuts are coming to the U.S. Postal Service, and the plan calls for the closure of post offices across the country. That includes 17 post offices in Bronx now targeted, and that has the community worried....South Bronx Residents Advised To Go To Credit Unions Due To Lack Of Banks
For four decades, government and non-profit agencies have urged residents in poor neighborhoods to use banks instead of check-cashing outlets and mattresses for their banking. And for decades, such residents have resisted, saying banks are pricey, scarce and inconvenient....Fresh Direct Eyes Bronx Warehouse
Online grocery specialist FreshDirect here is eyeing the construction of a new warehouse and distribution facility in the Bronx, according to documents filed with the city....Trump To Develop & Manage A $10 Million Public Golf Course In Bronx
New York City has picked Donald Trump to build and run an 18-hole "tournament quality" golf course in the Bronx, according to the Daily News....160K-Square-Foot Macy's Coming To Bronx
Officials in Bronx are preparing to break ground on a huge retail development project. For the first time since 1995, Macy's is building a new store....Bronx Leads In Multifamily Investment Sales
Bronx led the other boroughs in multifamily investment sales in October, with 25 buildings changing hands for an aggregate of $96.6 million. The total number of apartment buildings sold in the Bronx was fully half of the city’s total for the month, and 37 percent of the city’s multifamily dollar volume....Perrigo Hires Omar Lora As Production Supervisor
Perrigo, a leading pharmaceutical supplier, announced today that Omar Lora has been hired as the third shift production supervisor for the packaging department in Bronx, New York....Outrage: MTA Gives Sweetheard Deal
Assemblymember Linda B. Rosenthal (D/WF-Manhattan) expressed her outrage by reports that the New York City Metropolitan Transportation Authority (MTA) has arranged a sweetheart deal for a new Apple store to open in Grand Central Terminal in one week. Upon its planned opening next week, the Apple store will be the only store-- among 100 other such retail stores in Grand Central Terminal--that will not be required to make any revenue-sharing payments to the MTA....Bronx Projects Sold For $51.5M
Robert Nelson’s Global One Real Estate Fund, in conjunction with the New York Affordable Housing Preservation Fund, a Joint Venture between L + M Development Partners and Citibank, has purchased the interests of Lafayette Boynton, a four-building, 972-unit rent stabilized apartment complex in the Soundview section of Bronx, from AREA Property Partners for $51.5 million....Bronx Graffiti Crew Sues Over Fiat Ad
A television commercial for Fiat starring Jennifer Lopez has triggered a copyright dispute involving a Bronx-based graffiti crew whose work, according to them, is featured "prominently" in the ad. You can observe below on your own and decide....$5.7M Mortgage For Paradise Theater
Craig Bjornsund, Senior Vice President and Managing Director of NorthMarq Capital's New York Metro Regional office has arranged first mortgage refinancing in the amount of $5.7 million for the Paradise Theater at 2403-2419 Grand Concourse, Bronx, NY....Electric Truck Manufacturer To Develop Bronx Assembly Plant
Smith Electric Vehicles Corp. (Smith), a leader in all-electric commercial vehicles, today announced that the company will expand its U.S. operations by adding a manufacturing facility in New York State, creating up to 100 new direct local jobs....Tirado Rum Tasting & Tour Event
Tirado Distillery, Inc. announces a tasting and a tour event on December 9, 2011....Dots Hosts Grand Opening Fashion Party In Bronx
Dots, the best kept secret among trend savvy, price-conscious women, famous for its up-to-the-minute trends at exceptionally low prices announces the Grand Opening of its new store and very first location in the Bronx at the Bay City Plaza - 2146 Bartow Avenue....Back In Baked Goods
On a crisp mid-October morning in the northwest section of Bronx, a weary middle-aged woman lifted one tray after another filled with colorful cupcakes, creamy cheesecakes and pieces of baklava, a honey-soaked Mediterranean delicacy, inside their glass display racks.Flags flanked the “Grand Opening” sign outside the shop on 204th Street and Bainbridge Avenue in Norwood....Imported From The Bronx: New Fiat Ad
Looks like the folks at Fiat USA have taken a few advertising cues from their cousins at Chrysler....From The Bronx To The Boardroom
RightsFlow’s Patrick Sullivan, President and CEO, and Lisa Tiver, Senior Vice President of Business Development, will both be featured participants this week at the Digital Music Forum West conference on October 6 and 7 in Los Angeles. ...Project Enterprise Offers Loans To Bronx Entrepreneurs
Project Enterprise, which supports and develops small businesses in under-resourced communities in New York City, proudly announces that special financial support is available for Bronx entrepreneurs. Funding for this exciting initiative has been provided through the generosity of the Bronx Overall Economic Development Corporation (BOEDC). ...Economic Development Town Hall
The New York State Assembly/Senate Puerto Rican/Hispanic Task Force held a statewide interactive Town Hall meeting on Economic Development this week, bringing together representatives of the Hispanic community from Buffalo, Rochester, Amsterdam, Bronx, Brooklyn, Manhattan and Long Island....What's New
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