Landmark Banknote Building of Hunts Point Sells for $114 Million; 2nd Major Landmark Property In The Bronx To Sell This Month
Less than two weeks ago it was announced that the landmark Bronx General Post Office was sold to YoungWoo & Associates (the price tag has yet to be published on ACRIS or disclosed) and now today it was announced that the landmark Banknote Building of Hunts Point has sold to firms Madison Marquette and Perella Weinberg for a whopping $114 million as Taconic Investment Partners unloaded the property — 4 years later than they had anticipated in flipping the property.
The Bronx is piping hot in the real estate sector with so many projects whether affordable housing or commercial projects. Only time will tell if these will benefit the people of our borough who desperately need to be uplifted along with the renaissance that is happening in The Bronx as we continue to rise from the ashes. If we leave our own people behind, then we have failed and will become yet another cookie cutter Manhattan or Brooklyn enclave.
Great American Hero: Battalion Chief Orio Palmer One of 156 From The Bronx Who Lost Their Lives on 9/11
Battalion Chief Orio Palmer; husband, son, brother, father.
13 years, and 2,977 lives later, those of us old enough to remember that day, will never forget what we were doing when we first heard or saw what was happening.
When I was ten, Aunt Esther took me to Carnegie Hall to hear the then popular pianist, Jan August. That was the day I decided to become a concert pianist.
There wasn’t any room for a piano in the family budget, so for a while I kept my mouth shut.
Then I read a biography of George Gershwin. I thought I was reading about myself. He’d grown up in a New York apartment overlooking a noisy street. Me, too. He was the younger of two brothers. Me, too. He was from a Jewish family. Me, too. He had a funny-shaped nose. Me, too. Okay, so he was from Brooklyn and I was from the Bronx, but hadn’t my parents lived in Brooklyn before I was born? Gershwin died less than fourteen months before I was born. There was no question about it. I was the reincarnation of George Gershwin.
While the well-established and world-renowned Marriott Hotel chain seems to be having problems and delay after delay in opening its first Bronx hotel in the East Bronx, developers are taking advantage of the transportation rich neighborhoods of Melrose and Mott Haven.
Welcome2TheBronx has just learned from our friends over at YIMBY that plans have been filed for a 75 room luxury hotel at 335 Grand Concourse and East 140th Street.
Breaking News: YoungWoo & Associates To Restore Bronx General Post Office To Former Glory & Restore Historic Ben Shahn Murals
YoungWoo & Associates has partnered up with the San Francisco based Bristol Group, a real estate investment and development firm, to restore the Bronx General Post Office to its former glory.
Not only will the exterior once again shine gloriously but the firms will also preserve and restore the landmarked lobby, including the 13 Ben Shahn murals. “We are firmly committed to honoring the building’s historic legacy and working with the USPS to ensure that the interior landmarked lobby, including “Resources of America”—the 13 murals created by the great American artists, Ben Shahn and Bernarnda Bryson—are honored, restored to their original glory and preserved for all to enjoy” said Mr. Zucker.
Join Welcome2TheBronx and a roster of distinguished folks this Friday, September 12th to talk about the burning years of The Bronx. Event description is as follows:
A panel discussion about the tragic events and misguided policies that almost led to the complete destruction of a major U.S. city and the residents who decided to stay and fight to re-claim their neighborhoods and brought them back from the ashes of neglect, economic opportunism and political indifference. Panelists include:
Welcome2TheBronx has obtained EXCLUSIVE pictures of Monday’s filming of Orange Is The New Black.
Laura Prepon who’s name was made famous on ‘That 70’s Show’ and resurged to fame in the Emmy winning Netflix Original Series, ‘Orange Is The New Black’ was in The Bronx today filming for Season 3 on City Island. Here’s an account from our dear friend and photographer, Elena ‘Mamarazzi’ Marrero of her day scouting the set:
Take a Bronx Street Art Tour and visit the latest TAG Public Arts Project outdoor murals. This special Tour grants visitors an insider’s view of the sites and details of the artist, The process used and country of origin. We share the history and community/business that serves as a backdrop for this unique art form.
Tour the finest TAG Public Arts Project murals, A street gallery of artists from around the world.
New York State Empire State Development Corporation and FreshDirect tried to pull a fast one last week and have a meeting which gave FreshDirect weeks notice to gather supporters (only 8) and only gave the majority of residents who oppose the deal less than 24 hour notice to gather residents. This resulted in MANDATORY PUBLIC HEARING for which we must be given, at minimum, 10 days notice to prepare. Please read below on how to prepare your testimony and all necessary details regarding this process. This is a major opportunity to once and for all kill this deal which the vast majority of residents have been against since day 1.
Friends, One of the moments for which we have been preparing for over a year is here – the public hearing on State subsidies for FreshDirect – and we need you to show up and provide testimony!
Located on 152nd Street and Wales Avenue just beyond Melrose and Mott Haven you will find Piraña’s delightful truck. For years my friends and I have frequented this place and it definitely one of our favorites so we’re surprised that Gothamist actually even included a Bronx food truck!
Here’s what they had to say:
NBC’s Gabe Pressman Profiles Port Morris In The Bronx; ‘A Neighborhood Rich In History & Saturated With Art’
Gabe Pressman, A senior correspondent for NBC came to The Bronx, the borough of his birth and where he was raised, to do a segment on Port Morris. The 90 year old award winning journalist took a tour of the area an local businesses such as Port Morris Distillery, Charlie’s Kitchen, and Jamie Jones’ The Shoppe Bx.
Check out the video below and tell us what you think? This journalistic segment further solidifies why FreshDirect does NOT belong in a residential neighborhood like Port Morris with over 3,000 truck trips daily plus extra vehicular traffic.
Welcome2TheBronx first broke the exclusive story, back on January 2013, that the landmark Bronx General Post Office was for sale. Subsequently the story was immediately picked up by the New York Times in an article by Donald Dunlap. Now after almost 2 years speculation of what the fate of the beloved Post Office would be, Welcome2TheBronx has learned via Denis Slattery of the Daily News that the General Post Office has been sold to developer Young Woo & Associates.