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Bronx awash in new development

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In the first four months of 2007, developers started work on 331 Bronx projects representing $500 million worth of new residential buildings. According to Borough President Adolfo Carrion, the new developments are part of the Bronx’s changing character. “Every day, more people are seeing the Bronx as a smart investment, and recognizing that this is the borough where your family can grow and thrive,” Carrion said. more [NYDN]

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