BX Terminal Market move sparks mixed retail results

THE BRONX - Nearly a year after the closure of the blighted Bronx Terminal Market, some retailers are thriving in new locations while others are floundering.

The city sold the site near Yankee Stadium in 2004 to a developer, who is building a 1-million-square-foot shopping center. Merchants, many of them African, were later forced to relocate and hope customers would follow.

"We did advertising in African papers, put fliers in African markets and we used some of the radio stations," Gold Coast Trading Manager Kwasi Adjei said of his move to Canal Place. Adjei said the store's efforts have paid off because business is good, despite paying higher rent and having less foot traffic.

Around the corner, workers at Nasem's African Market say their business has struggled since the market closed. They hope shoppers will again find their way to the store.

Related information:

advertisement | advertise on News 12

Trending Video

New legislation passed by the City Council will 1 Word on the Street: Bedbugs
VIDEO: Suspected gang members arrested in the Bronx 2 VIDEO: Suspected gang members arrested in the Bronx
A study says 88 percent of walking trips 3 Word on the Street: Walking with GPS
VIDEO: Bronx restaurant owner attacked, robbed in apartment 4 VIDEO: Bronx restaurant owner attacked, robbed in apartment building
A man was stabbed in Pelham Gardens in 5 Police: Man stabbed near Pelham Parkway

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE