Bronx Real Estate Development Boom - $2 Billion
Led by strong housing development, the value of construction starts in the Bronx is expected to be more than $2 billion for the third consecutive year, according to a just-released New York Building Congress Bronx study of Dodge Data & Analytics data covering the first nine months of 2017.
The Building Congress forecasts that about $2.3 billion worth in projects will have commenced construction this year in the Boogie Down, roughly the same amount as in 2016, and slightly outperforming 2015’s $2.2 bill... Full Article At: https://commercialobserver.com/2017/12/construction-starts-in-the-bronx-projected-to-top-2b-again/
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