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Bronx Developmental Projects 2007 Exceed Last Years Investment Numbers

1/11/2008

Bronx Developmental Projects Exceed Last Years Investment Numbers 

Bronx Developmental Projects Exceed Last Years Investment Numbers

Bronx borough president and one-time mayoral hopeful Adolfo Carrion Jr. said in his annual development report, released today, that $1.5 billion was invested in residential, commercial and institutional development projects in the Bronx from November 2006 through November 2007.

During that period, 914 new addresses were added and over $1.3 billion invested in the borough, according to the report. A total of $453 million was invested in June, more than double the amount of any other month in 2007.

“Through smart investments we have changed the story of Bronx,” Mr. Carrion said in a statement.

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