the bronx Archives - Rava Realty

Manhattan’s retail loss is outer boroughs’ gain

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Manhattan retailers are still waiting for the return of tourists to 5th Avenue and employees to Midtown offices, but some retail corridors outside of the central business district have seen metrics return almost to where they were before the pandemic.

Vacancies and rents in the Bronx’s main retail area, Fordham Road, are near normal, the New York Times reported. The vacancy rate is 3 percent, according to the Fordham Road Business Improvement District.

Meanwhile, in Brooklyn, new residential development has aided projects ...

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Massive South Bronx waterfront development is getting underway

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One of the largest and most expensive development sites in the South Bronx is starting to come into focus. Developer Brookfield Properties has unveiled new renderings for its massive seven-building project along the Harlem River in Mott Haven, which also has a new name: Bankside.

The development will span 4.3 acres on either side of the Third Avenue Bridge, with more than 1,350 ...

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