5 Reasons We Love the Bronx - Commercial Observer
Few people sound as bullish on the Bronx as Joel Moser, the founder and chief executive officer of Aquamarine Investment Partners. “I think the Bronx has every bit of the same characteristics as Brooklyn had pre-gentrification,” Mr. Moser told Commercial Observer. , the subway—great infrastructure, parks, the zoo, great avenues and an inventory in many neighborhoods of solid, prewar building stock. For New Yorkers old enough to remember Howard Cossell’s hand-wringing lament during the 1977 World Series as he watched the flames flicker from PS 3 near Yankee Stadium—“There it is, ladies and gentlemen—the Bronx is burning. “The Bronx is burning” resonated because it was emblematic of what was happening in the borough. But careful historians of the Bronx will note something important: All of New York City seemed that way by 1977. (It was two years earlier that the New York Daily News ran its infamous, “Ford to City: Drop Dead. “Anyone who thinks it sounds silly—that the Bronx doesn’t have the cachet—hasn’t lived in New York City long enough,” Mr. Moser insisted. “That was Brooklyn 20 years ago. No matter what, the Bronx will remain close to Manhattan. The Metropolitan Transportation Authority isn’t going to dismantle the Bronx’s existing subway lines. Land prices are still way below what they are in Brooklyn or Queens. Source: commercialobserver.com
