About $2.7 billion worth of real estate investment poured into the Bronx last year—the second highest amount since 2009 but an 18 percent drop from the year prior. Residential projects dominated the investment mix last year, comprising about $2.3 billion of the total, according to Bronx Borough President Ruben Diaz Jr.’s annual development report. Commercial projects made up about $171 million, and institutional projects made up about $238 million. The investment total was the second […]
source https://therealdeal.com/2018/05/15/investment-in-the-bronx-cools-down-borough-president/
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