Bronx Ignored in NYC’s Development Plans
For too long, the Bronx has been sidelined in New York City’s economic development strategies. While significant initiatives in Manhattan, Brooklyn, and Queens are celebrated as successes for working families, the Bronx often misses out.
Bally’s Proposal Blocked
This became evident last Monday when the City Council voted against even reviewing the Bally’s Ferry Point project. This $4 billion private investment aimed to provide:
- 15,000 union construction jobs
- 4,000 permanent union jobs with an average salary of $96,000
- Over $625 million in community benefits, including:
- $17.5 million annually for schools, parks, youth programs, and nonprofits
- More than $100 million in park upgrades in Community Board 10
- A new NYPD precinct along with $75 million for traffic improvements
A Comprehensive Economic Initiative
This was more than just a casino; it represented a thorough economic development plan created through 18 months of dialogue with Bronx residents, civic groups, schools, and local leaders. The targeted area is currently underutilized and isolated, and this project had the potential to transform it into a hub for job creation and community support.
Community Engagement and Initiatives
Bally’s actively engaged with the community, addressing concerns about traffic and design while proposing changes to improve congestion. They committed to hiring Bronx residents through partnerships with local schools and a Workforce Advisory Board.
Furthermore, Bally’s launched a free shuttle bus service connecting East Bronx residents to the Throggs Neck ferry and local businesses, effectively bridging a long-standing transportation gap.
Community Benefits and Support
In a significant gesture, Bally’s Foundation helped save Preston High School, a vital local institution facing closure. They collaborated with the school’s community to ensure its survival without any conditions, highlighting the importance of the school to the Bronx.
The company also raised their annual community contribution from $10 million to $17.5 million, providing funds designated for local leaders and prioritizing local business involvement.
A Missed Opportunity for the Bronx
Despite these efforts, the local councilmember rejected the proposal, disregarding support from Catholic schools and thousands of residents. If similar projects had been proposed in Queens or Brooklyn, they would likely have been approved with ease.
Call to Action
This situation emphasizes a broader issue of opportunity denial in the Bronx. The ongoing development successes in other boroughs highlight the need for the Bronx to have its chance. We urge Mayor Adams to veto the Council’s decision and allow this transformative project to proceed. The future of the Bronx depends on our ability to seize opportunities for growth.
Salamanca and Riley are Bronx council members working on behalf of their community.
