NYCHA targets Boerum Hill, Upper East Side for Development (Curbed)
The Bronx Hits (New) Tipping Point (The Real Deal)
New development marketing guru Nancy Packes said developers are willing to overlook the grittiness of the area when they see the low price for land, and the availability of development sites.
“It is an industrial area,” she said. “When developers see industrial, their eyes light up.”
... Brooklyn developers, for example, who are weighing how deep to push into Brooklyn, are considering the Bronx as an alternative, she said. “If we look at city transfer records, I’m going to bet you that someone is quietly amassing huge parcels under the radar,” she said.
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