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Median Sales Prices Along The Bronx’s Grand Concourse Increased 68% in the Last 5 Years

A new study sent to Welcome2TheBronx from PropertyShark has revealed that the median sales price is skyrocketing along the Grand Concourse and its surrounding neighborhoods in The Bronx.

PropertyShark took a look at the closing sales price for co-ops, condos, single family and two family homes in the area for the past 5 years and calculating each year for each area which shows that they have increased by a whopping 68% from 2014 to 2018.

Unsurprisingly, Mott Haven saw the highest jump with a 124% increase where prices more than doubled in this gentrifying neighborhood to a median of $448,916 placing it considerably higher than the median sales price for The Bronx which is $292,250.

The Joinery Condominiums on 138th Street where condos are selling for over $450,000

Going up north along the Grand Concourse on the West side of the famed boulevard, prices increased by 62.3% from 149th to about 167th Street and East of Jerome Avenue.

On the other side of the Concourse within the same boundaries, the median sales price increased by 76.1%.

In the Fordham area and its surroundings the increase was 77.6% and Bedford Park had the lower but still considerable increase of 56.2%.

Both Mount Eden and Mount Hope were not included in the study due to the lack of sales.

For a forgotten borough that no one wanted, this is indeed quite the turn of events and while this is good for homeowners who never left The Bronx and stood their ground when everyone else abandoned us, it’s just an indicator of what’s to come if things continue to go the way they are going.

It’s no secret to those of us who have lived here our entire lives that this is a wonderful place to live but that will change as the continued wave of gentrification turns this borough of flavor into a bland one without taste.

PropertyShark writes:

Once dubbed the “Park Avenue of the Middle Class”, the Bronx’s Grand Concourse has become something of a phenomenon ever since the thoroughfare opened in 1909. Fast-forward 110 years, and the desire to live here has become greater than ever. The elevated housing demand in the neighborhoods around the boulevard pushed the median home sale price to increase 68% in just 5 years—from 2014 to 2018.

Resembling Paris’ own Champs Élysées due to its grand scale, Art Deco buildings and contemporary architecture “The Grand Concourse is like Paris, but with a subway line straight to Midtown,” according to PropertyShark Founder Matthew Haines. But the boulevard is so much more than just a gateway from the Bronx to Manhattan and a comparison to the Parisian street. The Concourse is brimming with years of NYC history, culture, art and life, and is finally getting the attention it always deserved.

You can read the full study over at PropertyShark.

Despite Atrocious Subway & Bus Service, MTA Votes to Raise Fares Starting in April

Bronx residents are about to be shafted again by being asked to pay more for inferior service.

The MTA board has approved fare and toll increases which will begin on March 31st with bridges and tunnels and on April 21st with buses and subways.

Although the base fare would remain $2.75 for subways and buses, the MTA is viciously eliminating the MetroCard Bonus that many riders rely upon.

149th Street and Grand Concourse Station

That means that if you add $5.50 or more to your card, you will no longer get the 5% bonus that gives many commuters a free ride here and there. These bonuses add up but by taking them away they are indeed raising the fares.

Weekly unlimited MetroCards are going up $1 dollar to $33, and monthly by $6 bucks to $127.

Express bus commuters will also have to shell out more.

Typical scene at 149th Street and Grand Concourse on the northbound 4 platform.

Fares on express buses are going up a quarter to $6.75 per ride and the 7 day plus express bus pass will go up to $62 from $59.50.

Metro-North commuters will see an increase of about 4% from all Bronx stations into Grand Central will now cost you $9.75 for a one way peak ticket versus the current $9.25. Monthly commuter tickets will go up $8 bucks to $216 a month. (You can see the full fare increase schedule here for Metro-North).

Crossing over the Triboro (ugh, we really hate calling it the RFK), Whitestone and Throggs Neck Bridge (we also refuse to call it “Throgs Neck”) will cost E-Z pass riders $6.12 up from $5.76 and an even bigger jump if you’re a pay-by-mail rider which will cost you a dollar extra at $9.50 starting March 31st.

Over at the Henry Hudson in Riverdale, you’ll be charged $2.80 (up from $2.64) for E-Z pass and pay-by-mail commuters will pay an extra $1 as it rises to $7.00.

So what are we getting out of all these hikes? Wages are stagnant but we’re asked to pay more for crumbling infrastructure that doesn’t really get us going where we need to.

I personally gave up the subway last year and now almost exclusively just ride a bike everywhere in The Bronx and NYC and actually get to places much faster not to mention a lot cheaper.

The Bx19 Bus was named the slowest in The Bronx last year…the Bx21 was the most unreliable.

Before the MTA asks us to pay more they need to actually OFFER more. We need reliable and frequent service.

It’s an embarrassment that America’s largest city and the city that never sleeps has such deplorable transit service.

Get your act together, MTA.

Head over to the MTA website for full information on all fare increases so you can see how it will impact you.

After Decades of Ignoring The Bronx, Metro North to Begin New Haven Service Into Manhattan From Fordham

Each week almost 100 inbound Metro North trains from Connecticut on the New Haven line stop at Fordham but only to discharge commuters.

Passengers are forbidden to board trains at Fordham that originate in Connecticut heading into Manhattan.

But after over a century of ridiculousness and literal segregation, all will change on Sunday, April 14th of this year as Metro North ends this exclusionary practice.

Now Bronx residents will be able to board an extra 94 trains to Manhattan at Fordham during the week with an extra 67 on Saturdays and 65 on Sundays.

But this is a small victory because before we can celebrate we need to continue to push for lowering fares for Bronx residents heading downtown so that they match that of the subway system.

Without lowering the fare for trips within the city, the rail system will continue to be exclusionary.

Metro reports:

“For more than a century, New Haven line trains have utterly neglected Bronx and Harlem residents — allowing riders from Connecticut and Westchester suburbs to disembark in the city, but refusing service to local New Yorkers,” Stringer said in a statement following the Metro-North news.
Stringer commended the MTA, Metro-North and Connecticut DOT for the change, saying that it marks “an important first step towards addressing and reversing these discriminatory practices,” but he’s still demanding more in terms of transit equity for Bronx residents.
“The Harlem-125th, Melrose, Tremont, Botanical Garden, Williams Bridge, and Woodlawn stations continue to be bypassed by New Haven line trains—leaving Bronx and Manhattan residents with inadequate service,” he said. “For real transit equity, we need to lower in-city Metro-North and LIRR fares to the $2.75 price of a MetroCard swipe and establish free subway and bus transfers so that New Yorkers aren’t effectively locked out of the 41 commuter rail stations within the five boroughs.”

Read the full story at Metro US.

WATCH: Bronx Teacher in Hunts Point is Finalist for $1 Million Global Teacher Prize—And Only American

10 finalist out of 10,000 applicants from 39 countries across the globe made the cut as they vie for the $1 million Global Teacher Prize but only ONE teacher from the United States made the top ten.

And she’s teaching right here in The Bronx.

Melissa Salguero, a music teacher at PS 48 in The Bronx who you might remember won the Grammy Educator Award last year, is in the spotlight again as the sole, American finalist in the contest.

She’s also the only music teacher to make the top ten finalist.

Watch the video below:

Asking Prices in The Bronx Increase by 54% in Last 5 Years – Highest Rate in NYC

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In a clearer sign (as if we needed it) that homeowners and realtors are more confident in The Bronx housing market, a new report by real estate portal Point2 Homes indicates that asking prices in our borough have increased by a whopping 54% in the past 5 years.

In an email sent to Welcome2TheBronx from the company points out that:

“Dubbed by some “one of the last bastions of affordable housing”, it seems that the Bronx is slowly transforming into the next gentrification target. With a 54% jump in the last 5 years, the Bronx recorded the biggest price jump of all the boroughs.”

Via Point2 Homes

For the past few years we have seen an onslaught of real estate articles constantly reporting that The Bronx is “the last frontier” in real estate investment and developers for those looking to get a bigger bang for their buck in returns on investment as prices hovered much lower than NYC average especially when compared to Brooklyn and Manhattan.

Although The Bronx experienced the highest percent increase in NYC and the 13th in the nation, the net increase was actually only $138,500 making it the lowest in NYC.

It’s important to note that these aren’t actual closed prices and only represent asking which can go either up or down depending on the market.

In the South Bronx, especially along the Grand Concourse, it’s no longer uncommon to see co-ops selling at above asking price as bidding wars are breaking out over the spacious units the area has to offer.

It will be interesting to how long this continues as half of business economists surveyed recently see the country heading towards a recession by 2021 and the outer boroughs are usually the hardest hit during these times.

From The Bronx to the World: Breakdancing Might be Included in 2024 Paris Olympics

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The Bronx keeps creating it…

Earlier today at a press conference in Paris it was announced that
breakdancing, born in the streets of The Bronx in the 1970s and is one of the pillars of the genre, might be included in the 2024 Paris Olympics.

According to Forbes, a final decision by the International Olympic Committee (IOC) won’t be made until after the 2020 Olympics in Tokyo but hey, it’s a start that there’s already talk about this going on.

B-Boy dancing at South Bronx Ignites in Port Morris

Considering some of the skeptical things we’ve seen at the Olympics, we feel that breakdancing certainly deserves to be there.

If you’ve ever seen a B-girl or a B-boy breaking, you know the complex skills and athleticism that is needed to pull of those moves.

Forbes writes:

“Just looking down the list of unusual Olympic sports,” tweeted Richard Conway, the BBC’s sports news correspondent. “Horse long jump (1900) Plunge for distance (1904) Tug of war (1900-1920) Solo synchronised swimming (1984) 100-metre freestyle for Greek sailors (1896) Swimming obstacle race (1900). Breakdancing seems quite tame in comparison.”

The possible inclusion of the four youth sports is a direct result of sweeping changes IOC president Thomas Bach has implemented as part of his so-called Olympic Agenda 2020, which is aimed at overhauling the Games and broadening its appeal with younger viewers. Among its list of 40 recommendations: give host cities the possibility to include new sports that are popular in their region.

Breakdancing, or ‘breaking’ is hugely popular in France, where about one million people practice the sport, according to the website of the World DanceSport Federation (WDSF).

It’s pretty dope to see Bronx culture continuously exported out to the world. Let’s hope our own folks can take advantage of these competitions!

WATCH: How One Bronx Man is Revolutionizing How Bodegas Get Their Inventory

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A Bronx born and raised man, Julian Rodríguez, is bringing bodegas and restaurants into the digital age and helping change the game in how they do business.

One of the biggest challenges for bodega and restaurant owners is having to navigate and through food warehouses and distribution centers (most of which are located in Hunts Point) and trying to find the best deals.

And it’s a challenge Rodríguez is using tech to help small business owners overcome according to an inteview in Remezcla.

Utilizing an e-commerce platform called Bazaar, which he created, business owners can now check for inventory and prices with competing warehouses without having to make the trek only to find out the products they want are out of stock.

In the article, Rodríguez began his endeavor after seeing first hand the difficulties his uncle faced as a bodega owner.

Watch below:

Starting Tonight There Will Be no B and D Weeknight Service for Three Weeks

Bronx residents along the B and D line beware: Starting tonight there will be no service between Norwood/205th Street and 161st Street/Yankee Stadium from 9:30PM to 5AM as part of the MTA’s FASTTRACK program.

As an alternative, the MTA is running free shuttle bus service along the route as well as service between Mosholu on the 4 line and the Norwood/205th Street station on the D line.

This will continue each weeknight this week through Friday, the 22nd and then again for the two weeks until Friday March 8th so for our late night commuters, we feel your pain but hopefully this will bring better service for the line.

But we’re not gonna hold our breath.

Thanks to 6sqft for the reminder!

Manhattan College Student Studying History of Slavery in The Bronx

The following has been syndicated by permission from Manhattan College’s Director of Communications, Peter McHugh.

Students are learning about little-known areas in their backyard.

Adam Arenson points to headstone in Hunts Point's Drake Park

Thirteen Manhattan College students are traveling across the Bronx during the spring semester, learning about the history of slavery in the borough and its legacy that relates to present day.

Slavery in the Bronx (HIST 100) is a community-engaged learning course led by Adam Arenson, Ph.D., associate professor of history and director of the urban studies program. The class is working with community partners, including the Hunts Point Slave Burial Ground Project and the Kingsbridge Historical Society, to explore how the history of slavery continues to reverberate in the Bronx, and to understand what it means for the local communities in Kingsbridge-Van Cortlandt and Hunts Point.

As of now, the burial grounds for enslaved and formerly enslaved peoples in Drake Park, in Hunts Point, and in Van Cortlandt Park are unmarked, despite archaeological and documentary evidence proving their location. In recent years, ground-penetrating radar has proven that some burial sites remain in these areas, despite the fact that other sections have been lost over the decades to railroad and street construction.

“Our big dream is that we are able to find living descendants of the people who were held in slavery and were buried in these burial grounds in the Bronx,” Arenson said. “Even if we aren’t able to do that, what this course does is it helps students think about both the limits and the possibilities of historical sources.

“We can figure out what we can learn from the census, what we can see from old maps, what we can see from going places or looking at archaeological reports. We’re getting a sense of how much there is to learn about the history of African Americans in the Bronx, and what we can present that serves the community’s needs.”

Not only is the course a part of Manhattan College’s community-based learning program, it also earns students credit for the urban studies program and the new digital arts and humanities program, designed to provide liberal arts majors with critical thinking and writing skills that employers are seeking from college graduates.

Bronx Students Learn about Their Hometown

John Perez and other students stand in Drake Park

In addition to the Liberal Arts majors in the class is John Perez ’19, a computer science major. Perez is from the Bronx, having grown up 10 minutes from Manhattan College. He added the Slavery in the Bronx course to his schedule in his last semester because of his curiosity about his hometown and eagerness to know more about the history prior to emancipation.

“This is right in our backyard but we don’t know much about it,” Perez said. “I’ve learned things in this class that I never knew before.”

In February, the class is meeting with Bronx Community Board 2 in Hunts Point, and continuing to meet with the Hunts Point Slave Burial Ground and Kingsbridge Historical Society experts.

In March, the class will meet with middle school students in Hunts Point to discuss their neighborhood’s history and share some of what the college students have learned over the previous two months.

And at the end of the semester In May, the class is planning to prepare a presentation at the Hunts Point branch of the New York Public Library. At that presentation, the class will share their findings with community members and anyone else from the public who would like to attend.

View photo gallery from the January visit to Drake Park in Hunts Point.

Some Bodegas Want the Right to Sell Marijuana If It’s Legalized in New York

Many pot smokers go to their corner bodegas or delis to satisfy their munchies and now some bodega owners want to cash in on marijuana sales if its legalization passes in New York State.

The United Bodegas of America, a group that represents a network of bodegas throughout New York City is meeting in The Bronx today to ask that local leaders give them the right to distribute legalized marijuana at bodegas across the city.

In a statement issued by the UBA said, “There is no question that responsible, safe haven bodegas should get first cracks at providing people that choose to smoke marijuana with a local place to buy it. We are licensed and qualify to sell beer. Why not include us in the marijuana package?”

Personally we think this isn’t a bad idea…folks already satisfy their munchies at bodegas might as well make them one stop shop.

What do you think?

Developer Signs $30 Million Lease for South Bronx Waterfront Property

The Lightstone Group has signed a deal to lease 475 Exterior Street located at the foot of the 145th Street Bridge at 149th Street for 49 years in the amount of $30.5 million.

This is extremely surprising as its not an actual sale of the property and such land leases are not too common in the city.

The lot is part of the Special Harlem River Waterfront District (horribly known as SHRWD) that was created after the Lower Concourse was rezoned in 2009.

The site sits across the street from the future Bronx Point which is scheduled to break ground by the end of the year and will house the Universal Hip Hop Museum.

No plans have been filed as of yet or discussed by the developer but a 745,000 square foot residential development can be built there as per zoning.

Make no mistake, however, that the South Bronx waterfront along the Harlem River and the blocks immediately around it are undergoing a rapid transformation.

Already there are not one but TWO 25-story market rate towers rising jut steps from the river.

Brookfield’s 1,500+ units of market rate and “affordable” housing will soon rise at the foot of the Third Avenue Bridge spread across seven towers rising as high as 25 stories as well.

As previously mentioned, Bronx point will bring over1,000 units of “affordable” housing on what was supposed to be the Mill Pond Park extension but was stolen from the community by the city.

One thing is for sure: This ain’t the South Bronx we grew up in anymore.

City Council Takes Away Committee Post From Ruben Diaz Sr After Homophobic Remarks

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Today the City Council voted to disband a committee homophobic, bigoted, and misogynistic councilman Ruben Diaz Sr was chair of after he refused to apologize for his homophobic remarks where he said that the NYC Council, “…was controlled by the homosexual community.”

The Committee on For-Hire Vehicles will now have issues handled by the Taxi & Limousine Commission which really should have been the one handling it all in the first place.

Diaz Sr is now also claiming to be the victim here has he doubles down in his refusal to apologize. He didn’t even have the decency to face the music and was missing from today’s council vote.

Council Member Ruben Diaz Sr. (John McCarten / City Council)
Council Member Ruben Diaz Sr. (John McCarten / City Council)

As we said before and today Gothamist fleshed out even further, this hateful rhetoric has been enabled by his buddies that make up the Bronx Democratic Machine.

Gothamist writes:

These controversies are not new for the Democrat. If anything, his latest bout of homophobia is tame by past standards. He once equated being gay to “having sex with animals” and attacked the 1994 Gay Games in New York because he said the participants were “likely infected with AIDS” and could lead children “to conclude that if there are so many gay and lesbian athletes then there is nothing wrong, nor any risks involved.”

He sued to stop a high school for gay and transgender students from opening. In 2016, he proudly campaigned for president with Ted Cruz, the right-wing Republican senator from Texas.

Counting a prior stint in the City Council, he has held office continually since 2002—enabled by a Bronx Democratic apparatus, and powerful politicians like Johnson, who have continually looked the other way.

Diaz Sr.’s relentless homophobia didn’t deter Johnson, who is HIV positive, from offering Diaz a newly-created committee overseeing for-hire vehicles. The Bronx Democratic Party had coalesced around Johnson’s speaker candidacy and Diaz, who is close to the Bronx party boss, Assemblyman Marcos Crespo, was a loyal soldier.

Perhaps the only reason that he’s actually being called out now is because Bronx Borough President Ruben Diaz Jr has his eyes on becoming mayor?

At any rate, we’re glad that the council has removed him from this position. Now Ruben Diaz Sr just needs to resign and if not, perhaps the city council can vote on that too.

There is no room for hate in NYC or this world. We’ve already seen what his kind of talk does around the country.