The Bronx is Growing

Submitted by Carmel Addae on Mon, 07/16/2012 - 8:11am.
Carmel Addae's picture

Last week, I blogged about how location is crucial for any new business or even old businesses looking to rebrand. I also looked at a list of cities across the country that are very business friendly, especially for new ones. The startup scene in New York City may be expanding to one of the city’s most marginalized communities: the Bronx. According to this New York Times article, the Bronx is trying to become a hub for aspiring companies and entrepreneurs. In the article, the author compares the social and economic conditions of the Bronx and Brooklyn during the 1970s and 1980s and how Brooklyn has outgrown and outpaced the Bronx in all areas. Much of the business growth in the Bronx can be attributed to Borough President Ruben Diaz Jr., who has been ambitious in his plans to drag the Bronx out of the shadows.

As a Bronx resident, news such as this is always very positive to read as most news that tend to come out of the Bronx focus on violence, and drug use, among others. The author notes that focusing on enticing startups and aspiring businesses may not ultimately determine whether the Bronx does indeed grow to level Brooklyn and Manhattan. He compares the Bronx to Pittsburgh and how they revamped from being a steel city to a major research city. Home to several universities and the research center of The Botanical Gardens, the author recommends the Bronx can remodel itself as a major research center while still focusing on improving its image.

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Duncan Asiedu's picture
Duncan Asiedu Says:
Tue, 07/17/2012 - 9:21pm

Its good to see that the Bronx is rebounding from its dark days in the late 20th century. I recently watched a documentary this past Saturday on Cnbc which gave historical insights on New York City during the late 60s to present day and after watching it, i got a sense of the magnitude of how the Bronx has transformed.


Francisco Mendoza's picture
Francisco Mendoza Says:
Tue, 07/17/2012 - 11:31pm

I agree, it's good seeing the Bronx starting to rise back up after such hard times. Do you think it will continue to rise or is this as good as it can get? I would love to see it continue rising but this could just be a temporary thing, lets hope not though.


Scott Streiner's picture
Scott Streiner Says:
Mon, 07/16/2012 - 9:14am

I like the Pittsburgh plug in this article (being a former resident of that great city). Pittsburgh is really a great example of a city that has completely transformed itself since the 1970's where steel was the main industry. After going to college in Western PA, I've learned that the city has the most (or close to the most) green and sustainable buildings in the entire country. The rise of Pitt (my Alma mater!) and Carnegie Mellon University have made it an attractive place for companies to base their businesses.

If the Bronx can become anything close to the revamping of Pittsburgh, I would say that is something definitely worth looking forward to.


Kate Meersschaert's picture
Kate Meersschaert Says:
Mon, 07/16/2012 - 10:06am

Scott, Go Pittsburgh! I wonder what influence the local universities (CMU, Pitt, Duqesne etc.) had on the revitalization of the city? How could CUNY, Columbia etc. play a role in the Bronx turn-around? Do they already?


Rebekah Wallin's picture
Rebekah Wallin Says:
Mon, 07/16/2012 - 9:23am

As another former resident of Pittsburgh, I agree with Scott! If the Steel City can do it, then there's definitely hope for the Bronx to grow in good ways. I'm excited to see what happens.


Haymar Lim's picture
Haymar Lim Says:
Mon, 07/16/2012 - 8:58am

The article mentions that the Bronx was less gentrifiable than Queens and Brooklyn because of the lack of wealthy areas in it. However, in the recent case of Williamsburg, a relatively poor area populated by many artists has faced gentrification. Do you believe something like that will happen in the Bronx?