An Economic Resource Guide Bronx Guid Ad-Quality Health Care in Your N'hood Cover 4-10-08.Pdf 4/10/08 5:30:23 PM
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BRONXTHE An Economic Resource Guide Bronx Guid Ad-quality health care in your N'hood cover 4-10-08.pdf 4/10/08 5:30:23 PM GENERATIONS+ NORTHERN MANHATTAN HEALTH NETWORK Lincoln Medical and Mental Health Center Quality 234 Eugenio Maria de Hostos Blvd. Bronx, NY 10451 • 718 579-5000 Health Care Morrisania Neighborhood Family Health Center 1225 Gerard Avenue Bronx, NY 10452 • 718 960-2777 in your Segundo Ruiz Belvis Neighborhood Family Health Center Neighborhood 545 East 142nd Street Bronx, NY 10454 • 718 579-1700 NEW ENGLAND THWY BRONXTHE New York City Contents 4 Facts 6 Overview 16 The Bronx Life Dear Reader: Dear Business Owner: 28 Education & Job Training For a business of any size, a Bronx The Bronx is home to world-famous address is a major asset. attractions like the New York Yankees, Health Care 31 the Bronx Zoo and the New York Our central location, ready workforce, The Bronx At Work Botanical Garden. Just as importantly, 33 top-notch colleges and universities, it is also home to tens of thousands 33 • New Development business incentives and specially- of businesses of every size and type. designated business zones make the 36 • Commercial Development Projects Many have been here for decades. Bronx one of New York City’s most Other businesses have recently joined 38 • Incentives, Benefits & Financing inviting locations. It’s no wonder them and are happy with their new 42 Transportation that thousands of new businesses sites and their new employees. open in the Bronx each year. In fact, We are delighted to have them all. this year the Bronx was the borough with the largest increase in business The Bronx Overall Economic Develop- loans. And in 2011 the Bronx will ment Corporation is the economic Bronx, New York be home to the first city-sponsored development arm of the Bronx Borough An Economic Resource Guide business incubator to help start-ups President. As such, we support our Sponsored by: increase their odds of success. local businesses in their endeavor to The Bronx Borough President’s Office remain and expand here, as well as & The Bronx Overall Economic Development Top medical facilities and cultural provide information and incentives Corporation 718-590-6252 institutions, forward-thinking green to those considering relocating to the Project Director: Doris Quinones initiatives, a growing tourism industry Bronx. We also advocate for them and our great ethnic diversity all when necessary. contribute to making the Bronx a great place to live, work and play. Every year, we welcome new companies to our borough with business-friendly My office provides businesses with incentives, low-interest loans and Produced and Published by free assistance in financing, real personalized assistance from our American Images Publishing estate searches, employee recruitment, staff to meet employment needs. 1-800-807-6555 and cutting red tape through the www.americanimages.org Bronx Overall Economic Development I urge you to call and determine for Publisher David J. Wayman Corporation (BOEDC). Give them a yourself how The Bronx can play a Research & Writing Ann-Margaret Lambo call today and let’s find the right role in your company’s growth and Design & Production Janet Coyne Bronx address for you. success. We look forward to adding Cover Photography: you to our family of businesses! The New York Botanical Garden-Clarisel Gonzalez Skyline/River-Duane Bailey-Castro Sincerely, Yankee Stadium-New York Yankees The Bronx Zoo- Julie Larson Maher Sincerely, ©Wildlife Conservation Society Ruben Diaz Jr. Flowers - NYBG Staff Bronx Borough President Marlene Cintron © 2011, American Images Publishing. All rights reserved. President, BOEDC Every precaution has been taken to assure the accuracy of the information included in this guide. However, due to the scope of the project and the number of different sources consulted, neither the writer, editor, publisher, sponsoring agency, or advertisers can be held liable for damages arising out of errors or omissions. THE BRONX, NEW YORK CITY 3 New York City’s largest park, BRONXTHE FACTS Pelham Bay, is in the Bronx The Name Fun “Firsts” One of the few places in the world whose • First New York City borough to Mario Burger name is always preceded by the article have a green roof on a government Geographic Data “the.” One theory is that it remains building Area ............................42 square miles from when people would say, “Let’s go • Home to the country’s first public to the Broncks’,’’ referring to the home People per square mile............. 33,141 golf course, Van Cortlandt Golf of the earliest settler, Jonas Bronck. Course, still in operation Waterfront ...............................75 miles • America’s first high school to Park land ..................24% of total area Population produce 7 Nobel Prize winners—the Bronx High School of Science Greenways: 1,332,650 – 2000 • First New York City borough to offer Bronx River 1,391,903 – 2008 bus rapid transit, launched in June Hutchinson River 4.5% growth over time period, 2008 Mosholu/Pelham 13th out of New York’s 62 counties! • Place where hip hop first began Van Cortlandt Park Median age: 32.6 Soundview • Youngest Borough in New York City, “First Wednesdays” and “First 3rd youngest county in New York! Fridays” of the month—free trolley rides to South Bronx and City Island World-famous sites: cultural spots, respectively Yankee Stadium Housing • First New York City borough The Bronx Zoo to have its own visitor website, New York Botanical Garden Total housing units (2008) ...... 512,218 ilovethebronx.com Edgar Allen Poe Cottage Median value of owner-occupied homes (2006) ....................... $366,500 Trains Serving the Bronx Bronxites You Know 2002 - 2009: Total number of new residential units Subways 1, 2, 4, 5, 6, B & D & three Supreme Court Justice Sonia Sotomayor .............................................. 45,190 Metro North commuter lines, with a U.S. Secretary of State Colin Powell new station at Yankee Stadium station Performing artist Jennifer Lopez Total investment in residential that opened May 2009. development ...................$5.4 billion Oscar winner Al Pacino Total investments in commercial Fashion designers development ...................$1.1 billion Employment/Labor Force Ralph Lauren & Calvin Klein TV host Regis Philbin Total investments in institutional Civilian employed population development ...................$3.7 billion 16 years & over .................. 570,743 Occupations Public Administration (23,355) 4.1% Construction (29,524) 5.2% Bronx Business Incentive Zones Other Services Manufacturing (22,560) 4% (36,598) 6.4% Wholesale Trade (12,162) 2.1% Number of Number of Arts, Entertainment, Zone Acres Employees Businesses Recreation & Hospitality (51,326) 9% Retail Trade Bathgate 81.5 1,869 154 (62,581) 11% Eastchester 190 1,885 176 Transportation, Warehousing Education, & Utilities (42,511) 7.4% Hunts Point 851 11,497 759 Health & Information Social Services (13,248) 2.3% (187,734) 32.9% Port Morris 549 9,678 750 Financing, Insurance & Real Estate Zerega 296 4,531 172 The health care industry is the (43, 714) 7.7% Empowerment Zone (EZ) 1,869 25,221 1,894 top private sector Professional, Scientic employer in the Bronx. & Management (44,765) 7.8% Official Web Sites bronxboropres.nyc.gov www.ilovethebronx.com 4 THE BRONX, NEW YORK CITY Class A Space. First-Class Location. C M Y CM MY CY CMY K COME JOIN THE MOST SUCCESSFUL NEW OFFICE COMPLEX IN THE REGION featuring Class A oce and medical space on a beautifully landscaped 42-acre campus. Located directly o the Hutchinson River Parkway, the Hutchinson Metro Center oers the best of both worlds – a suburban-style setting that’s just minutes to Manhattan. • 1,500 – 220,000 SF Available for Immediate Occupancy NOW LEASING • First-Class Amenities and Services • Convenient to Major Highways, Mass Transit & Airports Jim MacDonald, • Complimentary Shuttle to Nearby Subway Director of Leasing • Abundant FREE Parking 718.518.8600 www.hutchmetrocenter.com For Medical Practices • Less than a Mile from 4 Major Hospitals • Custom-built Medical Suites Starting at 1,500 SF • Convenient Access for Ambulette Services • On-site Pharmacy • Access to Large and Growing Patient Base • Diagnostic and Physical Therapy Services on Site 1250 Waters Place | Bronx, NY 10461 BRONXTHE OVERVIEW Duane Bailey-Castro Millions of dollars are being invested in commercial and residential real estate development; green roofs are sprouting up; and big-name retailers such as Target, Marshalls and Best Buy have opened their doors in this vibrant New York City borough, conveniently located at the very center of the lucrative Work in The Bronx tri-state area of New York, amed after Jonas Bronck, N Why do companies come to an early Swedish settler in the area, New Jersey and Connecticut. the Bronx was first settled in 1639. The Bronx? In addition to the Bronx’s strong Companies are The earliest settlement in the borough was built along the labor market, its prime location makes renting Class A Harlem River, in this borough a perfect center for distri- what is now the bution to a large part of the population office space Mott Haven Historic in the United States and, because of District. Rapid proximity to three major airports, and waterfront change was the rule the world. at the turn of the development is Special financing programs and 19th century in the tax benefits are available, making taking shape. Bronx. The sleepy investment an enticing option. The suburban streets and This is the Bronx Bronx also has a welcoming borough farms began to yield to the rapidly government headed by Bronx Borough expanding growth of factories and of today — a diverse, President Ruben Diaz Jr., which helps urban neighborhoods. In 1902 the bor- companies choose, and thrive in, progressive place to live, ough’s main thoroughfare — the Grand the Bronx. Concourse — was completed; by work and play.