The Latest Edition of the Norwood News is Out!

The 23rd edition of the Norwood News, covering the Norwood section of the Bronx, is out. We begin with page one and the worst landlords in Norwood. Public Advocate Letitia James released the annual list of 100 worst landlords in New York City and Narsinh Desai came in at number 70, making him the worst landlord in Norwood. This edition also features the Kingsbridge National Ice Center, for which a state loan has been approved, a crime file about a wanted serial robber who has attacked at least eight women in Norwood and surrounding neighborhoods, and a movement by Community


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Financial Focus: Ready for Bitcoin?

I am humbled enough for the last seven years of my life to apply my 26 years of experience as a financial advisor, now to students, in the public educational and university system. A very interesting discussion happened recently in one of my classes, where the average age is 34. “So, bitcoin is now better currency than the US Dollar. Do you see how much it has gone up in the last year? My local brokerage company says I can buy some from them today and I’m thinking about it! Don’t you agree Prof. Rivieccio?” Bang! That truly was a


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USPS Can’t Access Some Buildings, Compromising Delivery

This holiday season, you might miss out on that Christmas package you’ve been expecting. The United States Postal Service admits that its carriers can’t deliver packages to some 2,000 apartments in the Bronx. “Carriers cannot get into buildings,” said Diane Jones, a USPS customer relations coordinator, at the latest meeting of Community Board 7’s public safety committee. “And we’re going to have an issue once the holidays come in and the packages start coming.” The issue arises from a lack of keys. While letter carriers typically have the keys to all of the buildings along their route, package carriers do


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And the Worst Landlord in Norwood Goes To…

The worst landlord in Norwood goes to Narsinh Desai, according to this year’s worst landlord watchlist compiled and released by the New York City Public Advocate’s Office. Desai, listed as the head officer for Norwest Realty, is ranked the 70th worst landlord in the 100 Worst Landlord’s Watchlist by Public Advocate Letitia James. The shame list was first conceived by Mayor Bill de Blasio when he served as public advocate. “There are some unscrupulous property owners who have chosen to exploit the market and the dire need for housing,” James, flanked by housing advocates and legislators, said at a news


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Proposed EMS Charging Station to Cut Emissions

Expected to take a little over one full parking space, and reduce the emission of fossil fuels contributing to pollution, the FDNY looks to install an ambulance charging station on the corner of Sedgwick Avenue and East Fordham Road in Kingsbridge. It’s now received the backing from Community Board 7 representing the Kingsbridge area where the proposed station will be installed. Far from the commonly known charging station, this station allows paramedics to turn off their EMS engine while remaining to a power source. Before then, EMS buses needed to stay on so the medicine inside the ambulance stayed cool


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Norwood Deli Sells $57K Lotto Ticket

New York Lottery found one of its top prize winners in Norwood. It became someone’s lucky day after they entered A & A Grocery and Deli on 361 E. 204th St. and asked for a Take 5 Quick Pick ticket they didn’t know would be worth exactly $57,867.50. The winning numbers for the Nov. 12 drawing: 06-19-21-25-27, chosen from a field of one to 39. All winning Take 5 tickets, including the winner, can cash their prize up to one year of the drawing date regardless of its amount size.

Proposed Norwood Shelter Edges Closer to Relocation

After months of complaints that later inspired a protest, the proposed homeless shelter on Webster Avenue is closer to being moved to the former Federation Employment and Guidance Service (FEGS) building at 3600 Jerome Ave. Meantime, Eduardo Laguerre, CEO of a non-for-profit that looks to put a shelter at the property on 3041 Webster Ave., is not happy with the public outcry. Laguerre, who operates Neighborhood Association for Intercultural Affairs (NAICA), had his sights on Webster Avenue, currently Sam’s Floor Covering, to build a shelter. It’s unclear what type of shelter will be built, though building documents suggest it would be


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Financial Focus: Trump Says He Caused 25% Growth in Your 401(k)

It’s amazing! The same people who march​ in the streets against our President could be the ones benefiting the most if they have a 401(k) plan invested in stocks at their job. Since the election, the market has grown, year over year,  25 percent, the through biggest since 1936, according to a recent Goldman Sachs report. The highest, year over year, at 38 percent, came during the presidency of Ronald Reagan, followed by Bill Clinton at 30 percent and John F. Kennedy at 27 percent. What did Ronald, John and now Donald have in common? They believed in supply-side economics.


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