$1.5 BILLION INVESTED IN THE BRONX
Development Boom Continues

Bronx Borough President Adolfo Carrion Jr., released his latest development report today. The report shows that the Bronx continues to experience unprecedented economic growth. Just last month alone over 150 million dollars was invested in residential, institutional and commercial development throughout the borough and 75 new addresses were issued in the Bronx.

“Through smart investments we have changed the story of Bronx, “stated Borough President Adolfo Carrion. “These developments represent jobs and home ownership opportunities for the Bronx.  I have always said that the best social program is a job and that homeownership builds stronger communities.”

So far this year there have been 914 addressed issued and 1.3 billion dollars invested in the Bronx. 

“Everyday more people are seeing the Bronx as a smart investment and recognizing that this is the borough where families thrive and businesses grow,” stated Carrion.

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Development report (pdf)

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