Economy

By Moises Mendez

Port Morris nightspot serves area history along with meals

Business September 5, 2018 at 8:12 pm 0 comments

The hip hop restaurant centers around paying homage to many of the greats to have lent their lyricism to the genre generated in the Bronx.

Photo: Trevor Boyer

Elected officials tell City to finish the plaza 

Business, Parks August 31, 2018 at 12:45 pm 0 comments

Construction on Roberto Clemente Plaza in the Hub stalled when the project’s contractor filed for bankruptcy in 2015. Elected officials were joined by resident leaders on Aug. 28 to pressure the City to finish the job already.

A vacant storefront on Third Avenue near The Hub.

Can pilot project help small businesses in The Hub survive?

Business August 3, 2018 at 3:30 pm 0 comments

Business boosters hope a new initiative will help put a dent in the number of vacant storefronts in The Hub, while serving as a useful experiment for other city neighborhoods.

Popular Community Bank awaits judge’s decision

Popular Community Bank awaits judge’s decision

Economy August 2, 2018 at 10:35 pm 0 comments

A judge in New York State Supreme Court in Manhattan will decide on Aug. 6 whether a settlement should go forward in a class action suit that would require Puerto Rico’s biggest bank to pay nearly $8 million to some of its customers and their attorneys.

Governor announces $10 million infusion for South Bronx

Governor announces $10 million infusion for South Bronx

Economy, Politics July 4, 2018 at 2:25 pm 0 comments

The governor was at Boricua College on July 3 to announce $10 million in state investment for parts of the South Bronx.

Photo: Juan Garcia

Community groups call for creation of a ‘public bank’

Economy, Government June 14, 2018 at 7:09 pm 0 comments

Activists from citywide community organizations gathered in front of the New York Stock Exchange on June 6 to press the city to divest from Wall Street banks and instead create an alternative banking system that would allow communities to control their investments.

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.