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.
The residents say the basic financial advice they are receiving is long overdue. The group’s motto, according to its CEO and co-founder Bishop Taylor, comes from a phrase coined by former President Bill Clinton: “Rich people have planners, poor people actually need them.”
Political and business leaders want the South Bronx to become the next technology hub for New York City, and are brainstorming new ways to bring tech companies – and the jobs and energy that come with them – to the area.
A project to build affordable housing in Melrose is drawing fire from union workers and Councilman Rafael Salamanca Jr., who say the nonprofit developer behind the plan has a track record of underpaying workers and providing inadequate health benefits at other local sites.
BronxCoworks, the area’s first privately funded space-sharing company, opened its doors in the Hub in March, offering private offices, a common work space and conference rooms at 2825 Third Avenue.