Market demand for affordable housing and swaths of incentivized development land has made the Bronx a target for non-profits.
September 17, 2019 at 09:00 AM
1 minute read
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NEW YORK CITY—Non-profit organizations are making a splash in the Bronx, competing for development sites to build affordable housing incentivized by the New York City Housing Preservation and Development agency. The market demand for affordable housing and swaths of incentivized development opportunities has made the Bronx a target for investment, according to Jonathan Squires, director at Cushman & Wakefield.
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