They Repeat: Housing Bubble May Burst
Sometimes you need to sound the alarm more than once to get attention.
In the summer of 2003, University Neighborhood Housing Program (UNHP), an nonprofit advocacy group based on the Grand Concourse, held a forum at Fordham University’s library to warn of a potential real estate bubble inflated by exploding purchase prices for multi-family dwellings. Through its research, the group learned that landlords were paying a great deal more for the buildings than they seemed to be worth. Purchase prices had escalated since 1996, but there was no net increase in building revenue, known as net operating income.
Oliver and Risse Progress Toward Parkland Goals
Raw Meals Deal
Seven months ago the city debuted Senior Options, the Orwellian name for a program that we now know gives seniors the "option" of eating inedible food or not eating at all. In pushing Senior Options, which drastically transformed the universally popular Meals on Wheels program, the city said seniors would have the choice of getting one weekly shipment of frozen meals that they could reheat themselves or getting daily delivery of hot meals. But when the food is this bad – we tried it ourselves – it doesn’t matter whether the food is frozen or reheated.
Trees, Not Trash Cans
A Changed Landscape
It’s no longer a theory, a plan or a proposal. After more than a dozen years of controversy, with residents repeatedly foiling city officials determined to build a water filtration plant in the Bronx, the city has finally gotten its wish. While three lawsuits are still pending, contractors are well into their work of excavating dirt and rock from the former Mosholu Driving Range in Van Cortlandt Park. The project is expected to take at least seven years. Here are some images from the initials stages of transformation from parkland to filtration plant.
