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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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Trump’s New Bronx Golf Course To Neighbor Homeless Shelter

The city is planning to open a homeless shelter at the now-shuttered Capri Whitestone Hotel in Bronx....
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Bronx Office Hires 54 New Prosecutors

The Bronx District Attorney's Office has hired 54 assistant district attorneys, all graduates from the law school class of 2014....
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Young Woo Picks Up Landmarked Bronx Post Office

It’s official: The Bronx General Post Office is off the market. Developer Young Woo & Associates is buying the property....
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Forever 21 Signs 15K SF Lease With North Bronx Mall

Forever 21 has clinched a spot at the upcoming Mall at Bay Plaza in the North Bronx, which is slated to open August 14, 2014....
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Trion Real Estate Management Celebrates 35th Anniversary With Expanded Portfolio & Staff

Trion Real Estate Management, a tri-state area leader in full service property management headquartered in Yonkers, NY, formerly called Milio Realty Corp, is celebrating its 35th Anniversary with an overall company expansion and rebranding effort....
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Sonali Exchange Opens Bronx Branch

Sonali Exchange has opened a new branch in Bronx in the New York City....
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Bronx Smoothie Bar Has Nude Dancers

The Platinum Pleasures strip club in Bronx had been purchased and turned into a juice bar with nude dancers....
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Bronx Soccer Stadium Could Give Lift To Elevator Company

A planned Major League Soccer stadium in Bronx, near Yankee Stadium, may dislodge North America’s largest elevator-door equipment manufacturer....
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Unidentified Investor Buys Bronx Portfolio For $42M

An unidentified Brooklyn-based investor has snapped up an 11-building affordable housing portfolio in the Bronx for $42.2 million....
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What's New

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.
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Comptroller Highlights Recent Deposits Of $20M In Banking Development Districts In Brooklyn & Bronx

New York State Comptroller Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in South Bronx, to highlight the importance of Banking Development Districts (BDDs). The Comptroller's Office has deposited $10 million in state funds in each of the two bank branches.

The Rise Оf Chinese Technology Аnd Тhe US Response

In 1914 the Europeans (including the British) ruled the world. Their empires spanned the globe, their culture reigned supreme, financially they were the center of the world, their science was a marvel and they had convinced themselves and a good part of the world that they possessed a moral superiority. But by 1945, they had massacred tens of millions of their citizens, bombed their beautiful cities into ruble and bankrupted themselves financially and morally. German, the emerging language of technology in 1914, disappeared from the pages of global science.
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A Greek-American Is Building The Largest Movie Studio In NYC

After creating four giants in New York City’s construction sector, serial-entrepreneur John Kalafatis, has started the development of a hundred-million-dollar movie studio in the Big Apple, tapping into the city’s booming movie-industry.
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Apple Only Interested In White Americans

No stores in black areas.
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BP Diaz Hosts Re-Opening Of Zaro’s In Parkchester

Bronx Borough President Ruben Diaz Jr. today joined the Zaro family and other community leaders to host the grand re-opening of the new Zaro’s Family Bakery retail location in Parkchester.
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Blink Fitness Opens Its Newest Bronx Location In The Hub

Blink Fitness, the premium-quality, value-based fitness club, is excited to announce the opening of its newest Bronx location in The Hub.
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JPMorgan Chase Pumps $500G Into NY Workforce Development

A big bank is dropping big bucks — more than $500,000 — on workforce development in New York City.
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Bronx Entrepreneur Finds Success With New Fashion Line

A recent college graduate from Bronx is making waves with his new clothing line.
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Clean Energy Fuels Begins First Bronx CNG Fueling Station

Clean Energy Fuels Corp., the leading provider of natural gas fuel for transportation in North America- the City of New York, and community leaders broke ground on a new, state-of-the-art compressed natural gas (CNG) station in the Hunts Point section of the Bronx that will fuel multiple fleets operating across the city.

Featured Author
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Thomas Lockhart

was born June 8, 1953. Mr. Lockhart is a former Bronx resident from the Marble Hill section, and attended The Bronx High School of Science and Manhattan College. A former All-American basketball player at both institutions, he left for Europe in 1976 to pursue a professional career after a brief encounter with the Milwaukee Bucks of the NBA. Continuing his education he actively plunged into corporate marketing communications with international companies like Philips, Alstom, Qiagen Instruments, KPMG, European Space Administration, ABN-Amro Bank and the Port of Rotterdam, while continuing to play ball and coach. Teaching English and advertising in Holland led to the setup of Ideas Unlimited, his own International Business Communications firm. Mr. Lockhart has lived and worked in various countries for the past 33 years, speaks German, French, Dutch and is currently learning Italian. Now residing near Zurich Switzerland, he has three children, Jarrett, 31 Chief of Staff with the Bronx City Council, 14th District, Maraya, 21 and Malik, 11. Tom is currently serving as Communications Manager and Asst. Operations Coordinator of the Marble Hill Reunion and Development Project.