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Offices Fleeing to the Bronx; ‘Vibe’ Cited for Relocation

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The Bronx is becoming the location of choice for regional businesses, who are relocating there at an impressive rate.

As artist Greg Kessler recently explained to the New York Post, “Artists come there to work and create. The vibe is an industrial, working environment — chill. I think there are tons of artists [here], I have only scratched the surface. I have a space in which to create, which is half the battle. It’s about an hour commute, but it’s worth it.”

Ross Sapir, president of Bronx-based Roadway Moving & Storage, Inc., told the Post that “Square footage is more affordable than other boroughs. The Bronx gives you minutes-away access to the city and there are no tolls to go through like [in] the other boroughs.” Roadway customer-service rep James Reid added, “I’d rather have to travel further for my job and enjoy it than have a short commute and be unhappy.”

The Post also quoted Josh Weissman, president of JCAL Development Group, a South Bronx-based real estate development and construction company, who said that “The Bronx is booming with talent, pride, fashion, spirit and resiliency. You see construction everywhere. The Mott Haven area is experiencing more market-rate development than perhaps other areas.”

In his February 22 “State of the Borough” address to a crowded auditorium at the Bronx High School of Science, Bronx Borough President Ruben Diaz Jr. noted that the borough had seen dramatic decreases in unemployment and crime concurrent with a historic influx of private development and new housing units. “Look at how different things are in this borough today than just a decade ago. We have set the bar for the entire nation on transformative urban renewal and redevelopment. We are the new standard for revitalization.”

Since the borough president took office in May 2009, unemployment has been cut by more than half, down to 5.5 percent, and nearly 110,000 more Bronx resident have jobs. Additionally, the borough has seen more than 21,000 new units of affordable housing constructed during that timeframe.

“We’re keeping people in their homes, building new housing units for a diverse population, and setting the standard for tenant protection for the city,” said Diaz.

Diaz called for greater synergy between the City University of New York and employers. In particular, he asked for the creation of incentive programs such as tax breaks and preferences on city contracts for those companies that hire recent CUNY graduates.

“We will continue to support our CUNY system, as well, as we marry our students’ job skills with the needs of this city. We can create incentive programs that directly link CUNY graduates with jobs,” said Diaz. “We must build the bridges to success through synergy.”

By: Andrew Blodgett Mayfair

 

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