Macy's will open new store in Bay Plaza shopping center

A story from this week's Bronx Press.

By Brendan McHugh 

Another chain store is finding the Bronx is open for business. 

Macy’s will anchor The Mall at Bay Plaza, a new $270 million, 780,000-square-foot enclosed fashion mall that will be combined with an existing JC Penney. 

The three-level, state-of-the-art mall will be located on a corner parcel at Prestige’s thriving Bay Plaza Shopping Center in the Bronx, already the largest shopping center in New York City. 

Macy’s is leased for 160,000 square feet and will have three levels. 

Last week, the Bronx Press reported that chain stores were beginning to flock to the Bronx, with 3.8 percent more stores in the borough than 2010. The total amount of chain stores in Manhattan dropped 2.1 percent and the city average was only 1.6 percent.

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Chain stores flock to the Bronx

Another story from this week's Riverdale Review and Bronx Press.

By Brendan McHugh 

The Bronx is slowly gaining the reputation as the last frontier for major development, with the 230th Street lot and the Kingsbridge Armory highlighted as some of the last major plots of land that could be developed for commercial use. 

In a recent study, national retailers are beginning to expand in the Bronx, more so than in most other boroughs. 

Chain store locations jumped 3.8 percent from 2010 in the Bronx, trailing only Queens at 5.8 percent growth. The amount of chain stores in Manhattan decreased by 2.1 percent. 

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230th Street shopping plaza delayed

One last story from this week's Riverdale Review.

By Brendan McHugh 

The future shopping center at 230th Street and Broadway has gone through delay after delay over the past decade, and after being scrapped and restarted, has hit it’s first delay. 

The deadline for interested developers to submit proposals to the city’s Economic Development Corporation (EDC) has been extended two weeks, from Monday, Oct. 24 to Nov. 7. 

However, this may be the first good delay the project has ever seen. According to EDC spokesperson Kyle Sklerov, “There is significant interest in the Broadway Plaza site and we have extended the deadline to allow respondents more time to finalize their proposals.” 

Sklerov added that developers requested the additional time because they needed more time to finalize their proposals on the 80,000 square foot lot that will include a pedestrian plaza where Kimberly Place currently is. 

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Community Board 8 hosting free business census workshop

Business Census Workshop