Residents concerned with possible gentrification of South Bronx waterfront

Residents say they are concerned about the waterfront property in the South Bronx slated to be the location of the city's next real estate boom.

Residents say they are concerned about the waterfront property in the South Bronx slated to be the location of the city's next real estate boom.

Residents say they are concerned about the waterfront property in the South Bronx slated to be the location of the city's next real estate boom. (9/23/15)

SOUTH BRONX - Residents say they are concerned about the waterfront property in the South Bronx slated to be the location of the city's next real estate boom.

One of several locations is near Lincoln Avenue and 132nd Street, where the barbed wire fences and industrial landscape could soon change into a hub for apartments and businesses, making owners excited about potential new customers.

However, community group South Bronx Unite says it's worried about gentrification and pushing out longtime residents.

"South Bronx Unite is really questioning aggressively the wisdom of such development in an area that lacks so many basic transportation and infrastructural amenities," says Monxo Lopez, of South Bronx Unite.

The group says it plans on meeting with Mayor Bill de Blasio within the next few days.

advertisement | advertise on News 12

Trending Video

Videos from inside the halls and classrooms of 1 Videos capture violent fights inside M.S. 232
The Buzz: Bronx 3-month old dies after alleged 2 The Buzz: Bronx 3-month old dies after alleged abuse
News 12 The Bronx hit the streets to 3 Word on the Street: Old TV shows
The family of a 10-year-old injured in a 4 Critics: Corner of Hunts Point and Lafeyette too dangerous
The Drug Enforcement Administration says drug cartels are 5 Heroin Homeland: Drug cartels in the Bronx

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