Stagg Purchases Corner Parcel on Grand Concourse
By DAVID CRUZ A vacant parcel of property at a prominent part of Bedford Park is slated to become the next signature development by a real estate giant. The Stagg Group, which has been buying properties in Bedford Park/Norwood, purchased a defunct mechanic shop at 150 Van Cortlandt Avenue East on the corner of Grand Concourse and Van Cortlandt Avenue East. Through loans, The Stagg Group, purchased the site for $7.1 million to convert it to what it dubbed “signature development,” another sign of the developer’s here to stay in the northwest Bronx. The property was marketed and sold through Massey
