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‘Wizard Of Oz’ Cowardly Lion Costume Fetches $3M At Auction

The Cowardly Lion costume from the classic film “The Wizard of Oz” and the piano from the movie “Casablanca” each sold for over $3 million at a New York City auction.
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$30M Bronx Waterfront Site Could Give Way To Residential Towers

A tract of waterfront property in North Bronx’s University Heights, known to some as Fordham’s Landing, is being pitched as the perfect site for a massive residential tower development....
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Applegrad Buys More Of Bronx With $14M From Signature

Bronx landlord Sam Applegrad bought a $19 million multifamily building in the borough with $14.25 million from Signature Bank....
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Donald Trump's Brand New Championship Golf Course In Bronx

New York City is about to get a brand new championship-caliber golf course designed by Jack Nicklaus. And, anyone is going to be able to play it....
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The Startup That Is Really Thinking Outside The Box

StartUp Box is the revolutionary social enterprise that is transforming the tech industry by creating opportunities in the South Bronx, N.Y. Majora Carter and James Chase are the unstoppable husband-wife team behind the operation, which is based in the Carter’s childhood home of Hunts Point....
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Thrift Shop Operator Buys Bronx Properties For $7.2M

The operator of Le Point Value Thrift, a chain of thrift shop clothing stores in Brooklyn and the Bronx, has closed on the $7.2 million purchase of a block-front commercial property and an adjacent two-family house in the Wakefield section of Bronx....
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Best Of Bronx: Sneak Hats

A Parkchester father and son started their own hat company out of their own living room....
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Bronx Set To Become $2B Investment Hot Spot

Robust job growth, new retail and residential projects, and pro-business local officials are among the reasons investors are finding the Bronx an attractive place for their investment dollars....
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4th Annual "Savor The Bronx" Restaurant Week

Bronx Borough President Ruben Diaz, Jr. officially kicked off the 4th Annual “Savor the Bronx” Restaurant Week today at The Bronx Beer Hall in the Arthur Avenue Retail Market....
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Group May Seek Higher Living Wage

The developer looking to build the world’s largest ice-skating complex at the Kingsbridge Armory in Bronx will not have to match a recent increase in the city’s living wage, according to an agreement it signed last year. Nonetheless, community activists may ask for a pay hike for the facility's staffers anyway....
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Valley National Bank Appoints New Bronx Commercial Lending Team

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the appointment of a new Bronx, New York, commercial lending team....
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The Bronx Hot Sauce Has Arrived

GrowNYC and Small Axe Peppers announce the release of a brand new locally sourced and produced hot sauce called The Bronx Greenmarket Hot Sauce....
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KZA Realty Group Brokers 3 New Commercial Real Estate Deals In Bronx

Kathy Zamechansky, president and owner of KZA Realty Group, Inc. (KZA) in Bronx, New York, has announced that her firm recently brokered three commercial real estate deals in the Bronx for approximately 27,600 square feet and $4 million....
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$24M Sale Of 206-Unit, 5-Building Portfolio

GFI Realty Services, Inc., one of the leading New York-based commercial real estate services firms, arranged the sale of a portfolio of five adjacent multifamily properties on Bronx Park South for $24 million....
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Related Companies Acquires Bronx Apartment Building

Bronx is garnering more attention from a major Manhattan developer: The Related Companies....
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Bronx Unemployment Rate Drops

Last week, the New York Department of Labor announced that the Bronx County unemployment rate dropped to single digits, reaching 9.8 percent. While the number can be rounded up to double digits—and the number is still pretty high—it is news that Bronx Borough President Ruben Diaz, Jr. wanted to share immediately....
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KeyBank Refinances Bronx Office Tower

KeyBank provided an $80.5 million loan to Simone Development Companies to replace construction financing on office condominium space in 1250 Waters Place, Bronx, NY 10461 at the firm’s Hutchinson Metro Center development in Bronx....
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4 Misconceptions About Personal Bankruptcy: The Not-So-Ugly Truths About Going Chapter 13

While most financial analysts agree the US economy is headed towards recovery, it is still a sobering reality that 1 in 55 households will file for personal bankruptcy this year....
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Bronx’s Iconic BankNote Building Acquired

Perella Weinberg Partners Asset Based Value Strategy, a leading alternative asset management strategy and a unit of Perella Weinberg Partners, and Madison Marquette, a leading commercial real estate investment and operating company, today announced the acquisition of The BankNote Building, a 410,000 square-foot office complex in Bronx, New York....
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A Lot More Hotel Rooms Coming To Bronx

Hundreds of hotel rooms will soon be coming online in Bronx....
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Centers Health Care Hires Heidi Hendrix, RN, As New Chief Nursing Officer

Centers Health Care, the largest and most complete post-acute health care continuum in the northeast, announced that Heidi Hendrix, RN, an accomplished post-acute clinical director, has joined the company as its new Chief Nursing Officer.
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Starting The "Uber Of Prison Visits"

At 5:30 a.m. on a Friday in April, Calvin Buari pulls up to a New York City apartment building in Bronx. The back door of his Toyota Sienna slides open. Two women jump in, and Buari drives north to catch the Taconic State Parkway. In less than two hours, the minivan will park in front of the giant concrete walls of Green Haven Correctional Facility, where the women will visit their husbands and sons who are serving time.
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Walmart E-Commerce Site Jet.com Leases Warehouse In Bronx

Walmart’s e-commerce site jet.com is boosting its presence in the city with a new warehouse in Bronx.

PW Launches A New Gathering Place For Booksellers To Connect

Last week, Publishers Weekly launched "BXsellers," a private Facebook group where booksellers from all over can engage in meaningful conversations about the issues affecting the world of bookselling, network with one another, share tips, ideas and have access to PW's editors for book recommendations and more.
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Oppose Internet Sales Tax In New York

The New York State Legislature is once again threatening to impose a new sales tax burden on your favorite Internet marketplaces.
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Green Revolution - Cannabis & Entrepreneurship

Cannabis is becoming legal in more and more states. How can we get ahead of this new industry from a business perspective? Join us for an open discussion for some ideas of how to break into the business.
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BP Diaz Releases South Bronx Tech Survey

Bronx Borough President Ruben Diaz Jr., in collaboration with the New York University Robert F. Wagner Graduate School of Public Service, has developed a community survey questionnaire as a follow-up to the two previous meetings of the Bronx Tech Summit hosted at the Metropolitan College of New York Campus in The Hub.

Developer Takes $45M Ground Lease For Vacant Bronx Development Site

SKF Development has acquired a 99-year ground lease on a 12,126-square-foot Bronx vacant lot owned by the Negron family in a deal worth nearly $45 million, Commercial Observer has learned.

Bronx Sees Increase Of Chain Stores

Bronx is booming and more chain stores are opening for business in the borough, according to one non-profit economic development corporation.

Featured Author
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Kris Corbett

received a Masters degree in May 2010 from New York University in International Relations. Kris attained her Bachelor's degree from Pennsylvania State University in the 2004. In 2006, she moved from Scranton, PA to Manhattan where she currently works for a private equity firm.