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Bronx Museum Grosses $650K

Goldman Sachs Group Inc. senior director J. Michael Evans and managing director John Mahoney were among 500 guests who sat at tables covered in white satin, with miniature vases of white nerine lilies surrounding a wire sphere filled with LED lights.

 

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Ruben Diaz, Jr. & Donald Trump - Allies In Borough Renewal

Bronx borough president Ruben Diaz, Jr. and Donald Trump are getting along well in the wake of their successful redevelopment venture, the heavily debated 200-acre Ferry Point golf course, in the borough’s Throgs Neck area....
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Developers Adding 1.4 Million Sq. Ft. Of Malls To Bronx

There are at least five large mall projects in the works in Bronx, which will add 1.4 million square feet of retail space....
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Family Sells $53M Bronx Portfolio

Amit Doshi and Lynda Blumberg of Besen & Associates brokered the $53 million sale of a four-building portfolio of multi-family buildings in Bronx....
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H&M Is Opening Its First Store In Bronx This Year

H&M's very first store in the Bronx is on its way. Now that it has a massive Times Square outpost and a new store in Downtown Brooklyn, the Swedish megachain is looking to set up shop in the one borough it has yet to occupy (Queens and Staten Island both have stores of their own)....
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Youngwoo Plans To Turn Bronx Post Office Into Market

Youngwoo & Associates is among developers in talks to redevelop the landmarked Bronx General Post Office, which the U.S. Postal Service intends to sell despite an outcry from residents....
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Loehmann’s To Shut Down All Stores

Loehmann’s Holdings, Inc., a New York-based fashion retailer, will close all 39 stores, including one in White Plains, by the end of March....
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Target Confirms Third Bronx Location

Target has confirmed plans to anchor Simone Development Companies‘ Throggs Neck Shopping Center with a 165,000-square-foot location at the intersection of Lafayette Avenue and Hutchinson River Parkway. The location will be the retailer’s third in Bronx....
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Acadia Realty Trust Sells Bronx Mixed-Use Building For $133.9M

Acadia Strategic Opportunity Fund II, a subsidiary of Acadia Realty Trust, has agreed to sell Fordham Place, a 262,000-square-foot mixed-use property in the Bronx, to Retail Properties of America for $133.9 million....
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ALDI Opens New Bronx Store

On Monday, October 28, 2013, select assortment discount grocer ALDI will offer shoppers a smarter alternative as it opens its second Bronx store, located at 3006 3rd Avenue (at 155th St.). With more than 1,200 stores in 32 states, ALDI is known for high-quality grocery items at unbeatable prices....
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Perrigo Hires Ann Schumar & Natalie Colley

Perrigo, a leading pharmaceutical supplier, announced today that Ann Schumar and Natalie Colley have been hired at the Perrigo New York facility in Bronx....
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There Is An App For Us – The Bronx 360

There are four billion phones in use today. Of those four billion phones, over one billion are smartphones, and that number is growing rapidly....
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Safeguard Self Storage Expands In Bronx

Safeguard Self Storage expanded its presence in the New York metropolitan self-storage market again with the opening of its newest location, a 57,000 net rentable square foot addition to its existing facility on Bronx Boulevard in Bronx, New York about four miles northeast of Manhattan....
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Bronx Is Gentrifying

After four years of construction, Bronx's "first luxury hotel" is now open for business and taking reservations....
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Perrigo – A Look At The Company That Makes Healthcare Products In Our Own Backyard

If you have ever had a skin condition requiring a prescription cream, ointment or lotion treatment, there is a very good chance that product was manufactured in the non-descriptbrick building just a few blocks from the Olympic pool and the Bathgate Playground....
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Bronx’ First Major Hotel To Open Next Spring

The borough’s first hotel is on track to be built by next Spring....
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'Bronx Is Burning' Days Could Return To NYC

Aaron Sirulnick has been elected chairman of the Rent Stabilization Association Board of Directors....
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Bronx Retail Property Bought For $11.425M

Cohen Commercial Properties has acquired a 12,212-square-foot, two-tenant, retail property at 1800 Williamsbridge Road in Bronx for $11.425 million....
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Bronx Retail Market Blossoms

The Bronx retail market is asserting itself with several new centers that are expected to attract national retailers to the borough, the Wall Street Journal reported. Real estate investment trust Equity One, which has a national retail footprint of 144 centers, has begun to build Broadway Plaza, a 135,000-square-foot shopping center at 171 West 230th Street in the Kingsbridge neighborhood....
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Target Store Workers' May Day Victory

As workers around the world unite today in May Day Celebrations demanding better working conditions, economic justice and the right to join and form a union, the United States National Labor Relations Board reminded one of the World's largest retailers they are not above the law....
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Largest NYC Woman-Owned Catering & Food Service Company To Relocate From Manhattan To South Bronx

Governor Andrew M. Cuomo today announced that Great Performances – the largest woman-owned catering and food service company in New York City – will relocate from Manhattan to South Bronx.
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City Hosts Immigrant Worker Convening In Bronx

Department of Consumer Affairs (DCA, a.k.a. the Department of Consumer and Worker Protection), in partnership with New York City Commission on Human Rights (CCHR), the Mayor's Office of Immigrant Affairs (MOIA), and partner organizations hosted Building Bridges: A Convening for NYC Immigrant Workers last night at Lincoln Hospital in Bronx.
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Tax Season’s Dynamic Duo: E-File & Direct Deposit

New York State Taxpayer Advocate Margaret Neri today encouraged all New York State taxpayers to e-file their tax returns and have any refund directly deposited into their bank account.
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Some Economic Common Sense

As most observers have expected, the US and Chinese stock markets have been rising in anticipation of a US/China deal. Hopefully there will be good news on this front. If there is no agreement or hope for future agreement, the stock markets will head down again.
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NYCHA Offers Free Tax Preparation For Residents And Low-Income New Yorkers

The New York City Housing Authority (NYCHA) – in partnership with the New York City Department of Consumer Affairs (DCA) and the Food Bank For New York City – announced today the kick-off of free tax preparation services across the five boroughs, ensuring thousands of NYCHA residents and other low-income families receive the tax refunds they deserve.
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Bronx Food Tech Event

Bronx Borough President Ruben Diaz Jr.'s office, along with the Bronx Overall Economic Development Corporation, The Bronx Chamber of Commerce, and Metropolitan College of New York, will host a Bronx Food Tech event.
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DCA 101: What Start-Up Businesses Need To Know About Consumer Protection Law

Department of Consumer Affairs (DCA) Commissioner Lorelei Salas today announced DCA 101, a new series of informational workshops provided by DCA lawyers to help New York City businesses understand and comply with the law.
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Opening A Small Business In New York

Many people consider opening a small business in New York because of the outstanding opportunities for growth available in the state.
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Ways To Manage Debt During The Holidays

The holiday season is upon us, which means most people get to spend more time with loved ones and enjoy some time off from work.
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The Amazon

I am finding out that discussing the Amazon HQ2 project in Long Island City is as treacherous as traveling down the Amazon River on a raft ─ full of wild rapids and deep trenches and home to biting amphibians. And that is just around people I love!

Featured Author
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Raymond J. Keating

Raymond J. Keating is the editor and publisher of the Keating Reports, which operates the Long Island Sentinel. He is a writer, commentator and economist, who wrote a column for Newsday for more than a decade, and is now a columnist with Long Island Business News and Dolan Media Company. The views expressed by Keating are strictly his own.