During the second quarter of 2018, more than 9 million square feet of construction was completed in New York City resulting in the highest level this decade and even besting pre-recession levels according to an analysis conducted by The Real Deal.
And The Bronx just shattered its own record.
The Real Deal reports that The Bronx completed over 1 million square feet of new construction during Q2 as developments received their first temporary Certificates of Occupancy for the first time.
Just take a look around the borough and you’ll notice a slew of residents moving into new developments particularly in the South Bronx like Mott Haven’s first luxury new construction condo, The Joinery and its neighbor across the street 255 E 138th Street, an affordable housing development known as The Graham.
With all these new construction developments coming on line quarter after quarter year after year, how will our crumbling infrastructure handle it all?
Our subways are packed and failing so how are these new residents going to get to work?
