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Old 05-29-2015, 09:11 AM
 
6 posts, read 5,844 times
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This is an article detailing the list of projects coming to The Bronx. Tremendous news.

Chetrit Group Bronx | Youngwoo Bronx Post Office

Last edited by SeventhFloor; 05-29-2015 at 09:31 AM..
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Old 05-29-2015, 09:31 AM
 
Location: Confines of the 101 Precinct
19,170 posts, read 32,707,062 times
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Chetrit Group Bronx | Youngwoo Bronx Post Office
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Old 05-29-2015, 09:37 AM
 
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Good, the more gentrification the better. Although in this case, I have the feeling the gentrification will be from poor to middle class.
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Old 05-29-2015, 09:40 AM
 
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If I had serious money, I would be putting it in Bronx real estate. That borough has the most upside of the Five Boroughs, and the southern half is going to explode with gentrification. Already, I know hipsters and young professionals buying in those classic art deco buildings along the Grand Concourse.

I predict in a few decades, when I'm an old man, prewar buildings along the Grand Concourse will be super expensive, as the quality and craftsmanship is as good as it gets.
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Old 05-29-2015, 09:45 AM
 
Location: Sneads Ferry NC/Randolph NJ/Cape Coral FL
12,935 posts, read 24,066,619 times
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Originally Posted by NOLA101 View Post
If I had serious money, I would be putting it in Bronx real estate. That borough has the most upside of the Five Boroughs, and the southern half is going to explode with gentrification. Already, I know hipsters and young professionals buying in those classic art deco buildings along the Grand Concourse.

I predict in a few decades, when I'm an old man, prewar buildings along the Grand Concourse will be super expensive, as the quality and craftsmanship is as good as it gets.
I think you are correct, pretty much no where else to go but the Bronx.

Brooklyn is getting $$$$...my son and dil had bought a brownstone in Bed Sty for 678K about 6 years ago and I thought they were nuts. They just sold it for 1.425 million, who would of thought as the area still has some dicey streets.
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Old 05-29-2015, 10:03 AM
 
2,682 posts, read 3,576,211 times
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Originally Posted by BBMW View Post
Good, the more gentrification the better. Although in this case, I have the feeling the gentrification will be from poor to middle class.
Which is good. I'm all for more middle class/working class in NYC. Just not more projects and poverty.
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Old 05-29-2015, 10:13 AM
 
159 posts, read 140,473 times
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Bubbleicious
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Old 05-29-2015, 10:30 AM
 
Location: Sneads Ferry NC/Randolph NJ/Cape Coral FL
12,935 posts, read 24,066,619 times
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Originally Posted by Shizzles View Post
Which is good. I'm all for more middle class/working class in NYC. Just not more projects and poverty.
Agree!!
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Old 05-29-2015, 10:39 AM
 
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Originally Posted by DUMBONyc View Post
Bubbleicious
Perhaps at the very high end, where people don't actually live here but basically use the apartment as a hard asset (like a painting), but for the rich to upper class I think as long as crime remains low, and Cuomo continues to cut business taxes, NY will be fine.
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Old 05-30-2015, 04:23 PM
 
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The South Bronx is very poor and has so many projects. I worked in the Mott Haven area for a period of time. It has a lot of projects and very little development. I think it's crazy that people are speculating that this area will be the next Williamsburg. Crazy.

Anyone looking to invest in the Bronx should go to the North Bronx.
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