The Bronx is slowly shedding its negative image as it boasts a job growth that is outpacing the entire New York City, and the fastest wage increases than any other borough in the city, reports Daniel Massey for Crain's New York Business.
The Bronx used to be a place that people fled, but Massey how it has made a turnaround:
"Housing has played a vital role in the borough's turnaround, attracting people to a borough they once fled and setting the stage for a gradual economic revitalization."
"Fueled by its relative affordability, its proximity to Manhattan and its transportation links, the Bronx is 'the last bastion of opportunity in the city,' said Marlene Cintron, president of the Bronx Overall Economic Development Corp. 'The Bronx is the place that is ripe for development.'"
FULL STORY: Three cheers for the blossoming Bronx
Rents Rise in New York City Even as Eviction Crisis Mounts
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How Housing Fared in 2019
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Too Much Obsessing over Gentrification?
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San Francisco Slow Streets Bucks Citywide Trend, Reducing Injuries by 61 Percent
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How Single-Family Conversions Benefit Both Homeowners and Cities
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Report: Transportation Equity Requires More Than Electrification
Lower-income households often lack the resources to buy electric cars, signaling a need for a more holistic approach to improving mobility and lowering transportation costs.
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research