“…The amount of new retail space across the U.S. has remained relatively flat in recent years, but New York’s Bronx borough has emerged as a hot spot.At least five major shopping malls or centers are under way in the Bronx that will add more than 1.4 million square feet of space, one of the largest local retail expansions in the country…..”
Bronx Emerges as a Retail Oasis – WSJ.com. (2/25/2014)
Why? businesses following consumers back to the urban core of cities as they search for new markets….