Ed Garcia Conde/Welcome2theBronx.com
The area around 425 Westchester Avenue, site of a soon-to-be charter school and office building in the South Bronx. Developer AB Capstone funded the project primarily through opportunity zone capital from Starwood Opportunity Zone Fund.
Brokers predicted that the kind of investments the tax incentive could attract would create an entirely new borough. But a year later, the fervor around opportunity zones in the Bronx has shrunk from a clap to a whisper.
Four from the large field of Democratic challengers have released very detailed proposals. Others have talked more broadly about the need for a national housing strategy.
The neighborhood has been in the middle of a tug-of-war between some local leaders and citywide policy over how far to go to accomodate bikers.
An upcoming rezoning has some worried that more residents will clog up the roads in cars and bikes, contributing to more crashes and pedestrian deaths.
El mercado de la vivienda está perdiendo unidades de tres habitaciones, y el plan de vivienda asequible del alcalde está produciendo pocas de ellas, dejando a las familias más grandes en lugares reducidos.
The housing market is shedding three-bedroom units, and the mayor’s affordable-housing plan is producing few of them, leaving larger families in cramped quarters.