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FOR IMMEDIATE RELEASE
PR- 148-09
March 30, 2009

STATEMENT BY MAYOR MICHAEL R. BLOOMBERG ON START OF PUBLIC REVIEW FOR 161ST STREET/RIVER AVENUE REZONING TO STRENGTHEN BRONX CIVIC CENTER

New Development Will Provide 1,350 Office and Retail Jobs

"Today, we’ve taken an important step towards achieving the goals of our South Bronx Initiative with the start the public review process for a rezoning of 161st Street and River Avenue. Our plan will create 1,350 new jobs, more than half a million square feet of office space, new housing, and year-round retail to serve this growing community. It’s yet another example of how we are preparing key, transit-oriented sites throughout the City to provide new economic opportunity for New Yorkers, while strengthening their neighborhoods. The rezoning will build on significant public and private investment in the area, from Lou Gehrig Plaza to the Bronx Hall of Justice, the blossoming homes in Melrose Gardens to the new Yankee Stadium. Consistent with our sustainable development policies, it will encourage the redevelopment of vacant and underutilized lots and facilitate some 900 units of new and affordable housing."







MEDIA CONTACT:


Stu Loeser / Andrew Brent   (212) 788-2958




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