Rezoned Central Bronx Awaits Residential, Commercial Projects
(Wall Street Journal) — A rezoning of 75 blocks in the central Bronx breezed through the city’s land-use-approval process. But the next step promises to be more difficult: encouraging new construction in a long-overlooked part of the borough at a time of economic uncertainty. The City Council last week gave its final approval to the rezoning proposal, which revamps development restrictions that have been in place since 1961—a time when an elevated train still rumbled above Third Avenue. Together with another plan now under review to rezone a nearly two-mile stretch of Webster Avenue, city planners hope to revitalize and create new housing in a swath of the Bronx north and west of the New York Botanical Gardens and the Bronx Zoo.
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