Grand Concourse nexus of Bronx development

The once lowly Grand Concourse in the Bronx is at the center of a wave of activity corresponding with the borough’s economic resurgence. This activity includes an $18 million project to rebuild the Concourse near Yankee Stadium; an $8.2 million expansion of the Bronx Museum of the Arts; and a city program offering low-interest loans for the rehabilitation of some prewar rental buildings. more [NYT]