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South Bronx

South Bronx
Bronx, NY 10456

The South Bronx is a neighborhood in the New York City borough of the Bronx that includes the micro-neighborhoods of Mott Haven, Melrose, Port Morris, Hunts Point, Morrisania, and Highbridge. It is bounded to the north by the Cross-Bronx Expressway and its waterfront offers views of Manhattan. The South Bronx is known as the birthplace of hip-hop culture and was once a byword for urban decay and crime. The nadir experienced by the neighborhood in the 1970s cannot be overstated and makes its renaissance that much more dramatic than gentrification in other areas of New York City. A few decades ago, it made economic sense for landlords to set their own buildings on fire to collect insurance rather than maintain them and rent them out. Abandoned buildings attracted drug addicted and mentally ill squatters. Since the 2000s, rising real estate prices across the rest of New York City have prompted a trickle of artists and professionals to move to the South Bronx. Developers have followed and the neighborhoodÍs Grand Concourse thoroughfare from 153rd to 167th Streets has received designation as a historic district. The Morrisania micro-neighborhood in particular has played host to multiple condominium development projects since 2010. In 2015, Joseph Chetrit and Keith Rubenstein bought two South Bronx sites, 2401 Third Avenue and 101 Lincoln Avenue, for $58 million and plan to build six residential towers on the site. The Lower Grand Concourse Waterfront Project is a strip along the Harlem River that borough leaders said they hope will be developed into housing. The neighborhood is serviced by the New York City subway systemÍs 6 train, which takes riders down the east side of Manhattan, as well as the 2, 4, 5, B, and the D lines. -TA

  • Address South Bronx
  • neighborhood South Bronx
  • borough Bronx

11/05/18
...Google Maps) JCS Realty has purchased three neighboring South Bronx sites along Grand Concourse, where they are planning to build a residential project with...

11/02/18
...to buy a 1.3-million-square-foot waterfront site in the South Bronx. The deal was the priciest transaction for a private development site in the borough...

...to buy a 1.3-million-square-foot waterfront site in the South Bronx. The deal was the priciest transaction for a private development site in the borough...

10/31/18
...West Architects) Brookfield Property Partners’ venture into the South Bronx topped the largest third quarter deals by a long shot. The company closed on...

10/25/18
...the New York City Football Club in the South Bronx; developer Kevin Parker and former Rangers player Mark Messier’s proposal for transforming the...

10/17/18
...million for Brookfield Property Partners’ acquisition of two South Bronx properties. The loans were worth about $619 million overall. The only other one worth more...

10/16/18
...about 60 percent over the last seven years. The South Bronx has also seen sharp decreases in crime, and Jungreis argued that it’s further...

10/15/18
...opportunity zone fund for new projects in the South Bronx. Scott Rechler’s RXR Realty plans to raise $500 million, mostly by tapping high-net-worth individuals...

10/11/18
...by Nov. 1, EXR co-founder Mario Faggiano said. The South Bronx has exploded in popularity among real estate investors in recent years, but it still...

10/11/18
...with market-rate and affordable projects ranging from the South Bronx to Downtown Brooklyn. It has about 1,200 units in the pipeline, and Weiss said what...

...the New York City Football Club in the South Bronx; developer Kevin Parker and former Rangers player Mark Messier’s proposal for transforming the...

...opportunity zone fund for new projects in the South Bronx. Scott Rechler’s RXR Realty plans to raise $500 million, mostly by tapping high-net-worth individuals...

09/24/18
...It's really a one-of-a-kind project for the entire South Bronx," Small said. "Nothing really approaches it in terms of size and sale and I...

09/19/18
...of the Brooklyn Heights Library, and in the South Bronx, where they are spearheading the massive La Central project with almost 1,000 new housing units...

09/13/18
...the company into areas like Greenpoint and the South Bronx. “We have that critical mass where we really have the opportunity to do some...

09/12/18
...strangers to redrawing neighborhood boundaries, such as the South Bronx (“SoBro”) and the lower parts of Harlem (“SoHa”). But Wagner argued that the renaming...

09/11/18
...Brookfield Property Partners $96.2 million for the company’s South Bronx megaproject. The loan for Brookfield’s purchase of 101 Lincoln Avenue and 2401 Third Avenue replaces...

09/11/18
...be interested in investing. Washington Heights and the South Bronx in particular are two New York neighborhoods Youngwoo is already working in, he said...

09/06/18
...Partners plans to make 30 percent of its massive South Bronx development affordable housing. The company officially closed on its $165 million purchase of 2401 Third Avenue...

...strangers to redrawing neighborhood boundaries, such as the South Bronx (“SoBro”) and the lower parts of Harlem (“SoHa”). But Wagner argued that the renaming...

...the company into areas like Greenpoint and the South Bronx. “We have that critical mass where we really have the opportunity to do some...

08/28/18
...of an infamous former youth jail in the South Bronx following the death of Lightbox’s owner. The Economic Development Corporation filed plans with...

08/16/18
...McInerney Brookfield Property Partners’ $165 million purchase of two South Bronx sites from Somerset Partners and the Chetrit Group is still the talk of the...

08/15/18
...is looking at a few sites in the South Bronx, but his main focus is and will likely continue to remain in Brooklyn. He...

08/14/18
...three in Midtown, and one each in the South Bronx, Long Island City and Jamaica, resulting in a net increase of 900 units and 300,000 square...

...of the city. From pre-war walk-ups in the South Bronx to modern skyscrapers that will soon open at Hudson Yards, the reach these landlords...

01/08/16
...developments like the Chetrit Group and Somerset Partners' South Bronx rise...

12/24/15
...filed plans for two apartment towers in the South Bronx, an area that the developers have suggested renaming the Piano District as a homage...

11/04/15
...been filed in Mott Haven and across the South Bronx this year will be affordable and supportive housing, adding to the count of de...

09/02/15
...the banks of the Harlem River in the South Bronx. The largest residential filing of the month goes to Sheldon Solow, who finally has...

...Broadway, Long a symbol of urban decay, the South Bronx is booming with new construction these days as developers — big and small — clamor for...

08/04/15
...residential units with over 600,000 square feet to the South Bronx. Many of the remaining 680 units submitted for the Bronx in July could also be...

07/07/15
...housing project in the Melrose neighborhood of the South Bronx will account for 160 of the Bronx units. The facility, designed for people living with...