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Corporation Acquires Bronx Multifamily

TMJ Construction Corporation acquired the 30-unit multifamily building at 1466 Beach Avenue in Bronx from Ronald B. Hunte for $2.3 million, or about $77,000 per unit.

The Morgan Group Pays $3M For Bronx Multifamily

The Morgan Group acquired 600 Trinity Avenue in the Bronx from Urban American Management for $3 million, or $62,500 price per unit....
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A Friendlier Bronx Business Climate

In his State of the Borough speech earlier today, Bronx Borough President Ruben Diaz Jr. touted business development projects like the Kingsbridge redevelopment and a deal that lured the Queens-based FreshDirect company to the South Bronx as proof that he is creating jobs and stimulating the borough's economy....
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Guide To Donating Your Car To Charity*

As tax time is upon us, we would like to help donors make informed giving decisions when they part with their hard-earned dollars by writing a check to charity. In the past few years, however, more and more donors are attempting to help themselves, and help others, by donating their used automobiles to charity....
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Escort Quality, Hooker Pricing

Bronx community leaders are demanding the removal of a vodka billboard with an offensive message, which has been put up near an area once synonymous with prostitution....
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Finally: FreshDirect Moving To Bronx

The New York City Internet grocer FreshDirect is moving to new headquarters in Bronx....
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Affordable Bronx Business Space

The first city-sponsored business incubator in the Bronx officially opened its doors earlier today....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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$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....
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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....
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Tirado Rum Tasting & Tour Event

Tirado Distillery, Inc. announces a tasting and a tour event on December 9, 2011....
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Made In China 2025 - Not To Worry!

The Chinese way of running their economic system is quite brilliant. I tip my hat to them.
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Bronx Company Takes Over Troy Nursing Facility

Centers Health Care has acquired all of the facilites of the former Capital Living Group, including The Springs Nursing and Rehabilitation Centre, an 80-bed, skilled nursing facility on Marvin Avenue in South Troy.
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Häagen-Dazs Ice Cream Is From Bronx—So What’s With The Name?

Häagen-Dazs ice cream is one of the most fascinating and strangest linguistic marketing attempts that has ever actually succeeded.
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Bronx Food Hub Project Wins $2.5m In Federal Funding

A plan to create a new farmers market complex in Bronx has been awarded nearly $2.5 million in federal funding.
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Orchard Beach Parking Should Be $60 For The Summer Season, BP Diaz Says

As beach season comes to a close, Bronx Borough President Ruben Diaz Jr. is looking ahead to next year by asking that the city begin offering discounted season passes for parking at Orchard Beach, also known as the "Bronx Riviera," when it reopens.
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Fulton Fish Market Delivers Fresh Seafood To Your Door

For more than 180 years, the Fulton Fish Market has been supplying the freshest seafood to culinary lovers world-wide. Now, you can enjoy fresh seafood straight to your door.
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Saks OFF 5th Replaces Last Bronx Barnes & Noble

Not all Bronx residents are happy after a Saks OFF 5th department store is slated to open at the former Barnes & Noble in Bay Plaza.
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In A Nod To Its Roots, Zaro’s Is Opening Two Bakeries In Bronx

There were 20 Zaro’s bakeries in Bronx in the 1970s, but they closed over the decades as sales declined, according to the Zaro family. In Co-op City, a sprawling development, residents still remember the Supreme Court Justice Sonia Sotomayor as a teenager working in the local Zaro’s.
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Bronx Native Collected Cans To Fund His Leather Goods Brand

Noel Veloz, CEO and Co Founder Hemincuff, is the 26 year old designer’s very own leather goods brand. He was born and raised in the Castle hill projects in the Bronx which is a dangerous neighborhood with constant crime.
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Clinton Hall Is Coming To Bronx

Clinton Hall (the famous one in Manhattan in FiDi) is coming to Bronx.

Featured Author
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Mohammed Ademo

is a digital media student at Columbia University’s Graduate School of Journalism. He is covering Morrisania for the BronxInk.org. Ademo previously worked as a community organizer and activist. He is also the founder of OPride.com, a website that aggregates news about his home country of Ethiopia.