Financial Focus: The Real Value of Money

Neighborhood Notes: Free Immigration Service

By PROF. ANTHONY RIVIECCIO, MBA, PFA

Yes, it’s a loaded and subjective subject. The value of money means a lot of different things to a lot of different people. For example, If I said consumer spending is growing at four percent, as was announced by the federal government last week, does that mean we have more value in money? Or more money in our pocket? If I said to you gross domestic product is growing at 3.5 percent annually, as was reported last week, does that mean that you “feel rich”? Does this put more money in your pocket? President Donald Trump says, “Yes, our economy is

By By NATALIE MIGLIORE of WFUV

The Norwood News, WFUV radio, and BronxNet Television present a special report profiling several candidates ahead of the November general election. Walking around Astoria Park on a chilly Saturday afternoon, Anthony Pappas talks about the path that brought him to run on the Republican ticket for Congress against Democratic rival Alexandria Ocasio-Cortez, particularly in a district that is largely Democratic. “To get an idea of my childhood, you can go back to one of the world famous movies that was filmed on the street where I grew up,” he says as he talked about West Side Story. “I don’t claim

By DAVID CRUZ

Blake Announces PA Run Assemblyman Michael Blake, who, along with representing the 79th Assembly District while pushing a national Democratic agenda as vice chairman of the Democratic National Committee, is throwing his hat into the race for New York City Public Advocate. The Public Advocate’s seat will officially be up for grabs come November since the current advocate, Letitia James, won the Democratic nomination for state attorney general. With an overwhelmingly Democratic state, James’s shot at winning the AG seat is all but secured. Should Blake win the advocate seat, it will open the door for his Assembly seat. The

Latest Edition of the Norwood News is Out!

By DAVID CRUZ

Dear Fellow Readers! The Norwood News is out with its latest edition covering Bronx communities. With 24 pages packed into this paper there’s plenty of news to share. So let’s get to page one. The front page focuses on The Bedford Manor, which opened in 2016 and is already showing signs of decay. A tour by the Norwood News given by one resident shows a breakdown of services. Reporter Joseph Konig got word from the landlord. Read what he has to say. Other stories include the city Environmental Protection playing defense over poor water pouring out of northwest Bronx homes. We

Tenants: Repairs Now at New Stagg Buildings

By JOSEPH KONIG and DAVID CRUZ

Zxavier Simpson moved from Harlem in 2016 into 2985 Webster Ave., one of two buildings in a complex dubbed “Bedford Park Manor.” Less than two years later, he’s fed up with the flooding, broken elevators, loose wires, and squatters that plague his building. Simpson wants more effort from his landlords, but he says they have been nonresponsive and unhelpful. “No one ever answers the calls,” Simpson said. “The maintenance [workers] come in and take the garbage out. They don’t mop. They don’t clean… It’s like we’re just here and they’re just collecting money.” Shoddy living conditions and uncommunicative landlords is hardly abnormal

Flanked By Bronx Electeds, Schumer Rails Against CSX Land Deal Talks

By JOSEPH KONIG

U.S. Senate Minority Leader Chuck Schumer and a slew of Bronx lawmakers slammed rail transportation giant CSX for walking away from a deal to sell unused land in Kingsbridge to the city so it can be converted into a greenway and bike path. “We cannot allow this project to be delayed just because CSX wants to squeeze a few more pennies out of the community,” Schumer said at a news conference Oct. 17 held at the West 238th Street overpass near Broadway. “We are telling them, asking them to come back to the table or else.” What “or else” meant was unclear

DEP Backtracks Following Outrage Over Tap Water Taste (Picture)

By JOSEPH KONIG

UPDATE: Michael Deloach, the DEP Deputy Commissioner for Public Affairs & Communications, spoke at a regularly scheduled meeting of the Croton Facility Monitoring Committee on Tuesday night and addressed resident complaints of water taste and smell. Deloach conceded that the DEP could have done more in communicating with the public but insisted that there were no health risks in consuming city tap water. “No question it wasn’t quality and up-to-snuff as what we usually deliver,” Deloach said of the “metallic”-tasting water Bronx residents reported drinking over the last few weeks. “Moving forward when we do have a big shift from

By PROF. ANTHONY RIVIECCIO, MBA PFA

Many economists and sadly many politicians try to tell you many falsehoods (unintentionally) as to where our US economy: Was? How it’s going? Where is it going to go? In my opinion, one only has to look at the COLA adjustments that take place in our economy. COLA, an acronym for Cost Of Living Adjustments, looks to ensure your dollars adjusts up or down, based on the health of the economy. People receiving Social Security, for example, receive COLA adjustments annually, reflecting a bigger or smaller paycheck, “the following year” based on the health of our economy. “The following year”

Dear Fellow Readers, The latest edition of the Norwood News is out with plenty of community news you can use. We have 20 pages of news and lots to cover. Our front page cover story focuses on comments made by the head of NYC Health + Hospitals offering assurances that North Central Bronx Hospital is here to stay. The Norwood News heard directly from the top person at NCBH and some ideas batted around for expansion. The Norwood News is also excited to announce our 30th anniversary celebration is three weeks away! Save the date for Thursday, November 1. We will be honoring Sally Dunford,