Retail activity is abuzz in the north Bronx with construction kicking off at a 133,000-square-foot mall and the impending arrival of a Burlington Coat Factory location, DNAinfo reported. [more]

The loudest complaints about the new bike share program have come from rich neighborhoods where Citi Bike stations abound. Less heard are the complaints coming from poor neighborhoods that were left out of the program, the Wall Street Journal reported.

With 6,000 bikes and 330 stations on the streets, the program has proved popular in many neighborhoods that were already well-connected to public transit, earning the envy of residents in poorer outlying areas with less transit options. [more]

Talks between Hunts Point Terminal Produce Market merchants and the city regarding the complex’s lease and its redevelopment have hit a dead end, Crain’s reported.

The negotiations have already gone on for two years, and the current impasse could reignite talks between the merchants and New Jersey, which had previously tried to win over the vendors with tax breaks, Crain’s said. [more]

In the last two decades, the Bronx has ranked as the fastest-growing part of New York City for new businesses, thanks in part to low residential property prices and low commercial rents, Crain’s reported. And that is especially true of Mott Haven, a neighborhood bounded from north to south by 138th Street to Bruckner Boulevard, and from the east to west by St. Ann’s Avenue and Third Avenue. [more]

[caption id="attachment_223812" align="alignright" width="300"] Gifford Miller, a partner at Signature Urban Properties, and a rendering of the Bronx development[/caption]

Signature Urban Properties and Monadnock Construction are set to break ground on the first phase of a 10-building, 1,300-unit apartment complex in the Bronx, to date the borough’s largest private residential project, the Wall Street Journal reported. The Compass Residences complex, to be erected in the Crotona Park East and West Farms section of the South Bronx in an area bordered by the Sheridan Expressway, will be built in an area currently composed of defunct warehouses. The area was rezoned from fully industrial to mixed-use in 2011, to allow for the Signature development. The buildings will rise as high as 15 stories, towering over the low- and mid-rise structures on surrounding blocks…. [more]

Starlight Park — a portion of the Bronx River Greenway — will open this spring following a more than 10-year clean-up and renovation, the New York Times reported. But despite the addition of the park to the trail that connects the South Bronx to Westchester, even when open, it will be difficult to reach. [more]

Supermarket executives, including Gristedes owner John Catsimatidis, plan a rally today at City Hall to protest a $130 million public subsidy that Fresh Direct is likely to receive from the city, the New York Daily News reported. The city tax breaks and grants will be used for the online grocer to build its new headquarters in the Bronx.

According to DNAinfo, Catsimatidis has joined forces with the New York Association of Grocery Stores, the National Supermarket Association and the Bodega Association, and has argued that Fresh Direct should not be made eligible for the subsidies. [more]

The bulk of the Delafield Estates, a 10.5-acre plot in Riverdale once envisioned as a gated community, is scheduled for public auction on Nov. 7, according to a statement from Brown Harris Stevens, which is marketing the property. The land contains 33 individual lots, including 11 that have been developed and 22 that are up for grabs. [more]

The defaulted $36.5 million loan on the Robert Fulton Terrace and Fordham Towers in the Bronx sold for $31 million, a release from the brokerage Massey Knakal Realty Services said.

The note was secured by the 17-story Robert Fulton Terrace at 530-540 East 169th Street in Morrisania and the 15-story Fordham Towers at 480 East 188th Street in Belmont. A release from Massey Knakal said the note “was sold in a transaction valued at $31 million.” The note buyer was not identified. [more]

A $19 million investment by the city’s Employees’ Retirement System and the Police Pension Fund will allow a Bronx housing complex to offer affordable rents to residents for decades, the New York Daily News reported. [more]