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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

02/13/19
...investment interest would arrive. These areas included the South Bronx, East Harlem, the Rockaways and Crown Heights — along with tracts in less-expected neighborhoods like...

02/08/19
...by Mott Haven at 31 and Longwood at 29. The South Bronx was the top region by dollar volume, transaction volume and building volume at about...

02/01/19
...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...

...investment interest would arrive. These areas included the South Bronx, East Harlem, the Rockaways and Crown Heights — along with tracts in less-expected neighborhoods like...

01/28/19
...Performances is moving from Hudson Square to the South Bronx, where it will almost double in size. The company will move to the Bruckner...

01/21/19
...Rubenstein has been preaching the virtues of the South Bronx — and putting his money where his mouth is. The developer and his partners are...

01/14/19
...these Bronx community assets in this rapidly improving South Bronx neighborhood," Keith Gordon, managing partner of NCV, said in the release. The financing also...

01/14/19
...years, prices are still comparatively cheap in the South Bronx. Prices for retail space along Alexander Avenue tend to be between $35 to $40 per square...

01/14/19
...to NYCHA’s Betances Houses complex in the South Bronx. RDC, made up of the Long Island developer MDG Design and Construction and the...

01/14/19
...want all the shelters to be in the South Bronx.” Ruffled feathers One of the more contentious shelter proposals is at the former Park...

01/10/19
...is planning a two-building mixed-use project in the South Bronx that will span about 112,000 square feet. The buildings will stand eight stories tall with...

01/07/19
Peter Serpico’s Omnibuild released renderings for its two-tower, mixed-use complex in the Bronx. Omnibuild, one of the city’s top hotel builders, is the general contractor...

01/04/19
...rumbling of real estate sales activity in the South Bronx in recent weeks. This week, Camber Property Group, Belveron Partners and the city’s...

01/03/19
...delivery services boom, Turnbridge Equities scooped up a South Bronx industrial site that could hold up to 890,000 square feet of warehouse space. The firm...

...Rubenstein has been preaching the virtues of the South Bronx — and putting his money where his mouth is. The developer and his partners are...

...want all the shelters to be in the South Bronx.” Ruffled feathers One of the more contentious shelter proposals is at the former Park...

12/31/18
...also picked up a 1.3 million-square-foot development in the South Bronx, ramped up its play at Greenpoint Landing and more. -Discounts for days: It’s...

12/31/18
...Hudson Square and Brookfield Property Partners in the South Bronx. Here’s a look at the top five land trade deals of 2018: 1. 4 Hudson Square...

12/26/18
...Elsewhere, Brookfield is developing 1,300 rental units in the South Bronx, where in September it paid $165 million to buy a large development site from Somerset...

12/20/18
...the company into areas like Greenpoint and the South Bronx. “We have that critical mass where we really have the opportunity to do some...

12/12/18
...together to sell adjacent development sites in the South Bronx, The Real Deal has learned. Pantheon previously put 399 Exterior Street, a former bus depot...

12/11/18
Kim Tasher’s SKF Development has landed yet another deal in the Bronx. The firm has inked a 99-year ground lease at 1760 Boone Avenue in...

12/11/18
...the Bronx A slice of Pantheon Properties' large South Bronx development site now belongs to the government, records filed with the city's Department of...

12/05/18
...its headquarters from Long Island City to the South Bronx. Innovo has made multiple investments in Queens in recent months. The firm went under...

12/05/18
...Chang. S3 Capital recently financed Cheskel Schwimmer’s South Bronx project with a $75 million loan. Eastern Union is one of the city’s most...

...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...