Economy

Photo: Eisley Constantine

Small businesses have mixed feelings about incoming chain stores

Business, Economy January 5, 2018 at 6:05 pm 0 comments

The imminent arrival of a Burlington Coat Factory and a Marshall’s at 2948 Third Avenue—the site of the iconic Alexander’s Department Store—has some small businesses owners worried about their future, but others see the new chains as a good thing for everyone.

Amanda Septimo, (left) Phil Shearer, (middle) and Miguel Sanchez (right) plan for a pitch meeting in the MetaBronx office in Hunts Point. Photo: Carmen Reinicke

Tech accelerator attains nonprofit status to fund future programs

Business, Economy January 5, 2018 at 11:35 am 0 comments

After finding it tough to secure investments for many of the tech startups it works to help, MetaBronx has shifted its strategy away from venture capital firms.

Pop-up market open in the Hub until Jan. 6

Pop-up market open in the Hub until Jan. 6

Business, Economy December 21, 2017 at 10:59 am 0 comments

The new Third Avenue Holiday Market, located on the bustling corner of 149th Street at The Hub, will be open through the new year, offering items from local street vendors and artists, including clothing, jewelry and items from the farmers market.

New Port Morris center trains for jobs in tech sector

New Port Morris center trains for jobs in tech sector

Economy, Jobs December 10, 2017 at 12:50 pm 0 comments

Cognizant’s Bronx Training center opened on Sept. 18. It offers a training program called Platform, which is Cognizant’s solution to the skills gap—technical roles with specific skillsets that companies have a hard time filling.

Capital funding revs up for Hip Hop Museum

Capital funding revs up for Hip Hop Museum

Culture, Economy November 16, 2017 at 9:56 pm 0 comments

The new complex is scheduled to be completed in 2020. How much will it cost?

Elvis Garcia, Nohely Perez, and Mouminatou Barry discuss a class plan for intro to tech. Photo: Carmen Reinicke

Non-profit trains residents for tech jobs

Jobs November 14, 2017 at 8:16 pm 0 comments

What makes The Knowledge House unique is that its classes encourage students to solve community problems with tech.

Underserved small businesses look for banking help

Underserved small businesses look for banking help

Economy October 23, 2017 at 6:41 pm 0 comments

Loans are in short supply, say South Bronx businesses If Ruperto Morocho, 59, had extra dollars in his pocket he would use it to fix the faded green awning that hangs over the entrance of his Ecuadorian cafeteria on the corner of 148th and Bergen. But Morocho doesn’t have extraRead More

SoBRO names new CEO

SoBRO names new CEO

Housing, Jobs October 11, 2017 at 9:27 pm 0 comments

The South Bronx Overall Economic Development Corp. (SoBRO) announced that it has hired a replacement for its longtime director Philip Morrow, who retired last March. Steven Brown, who has spent his whole career running nonprofits geared towards affordable housing and job training, was named president and CEO of the organization this month.