The Bronx Gateway Site
After decades of neglect, the blighted Bronx Terminal Market will be redeveloped into a new retail center, park and esplanade on the Harlem River. The Gateway Center at Bronx Terminal Market represents genuine revitalization of the West Haven neighborhood of the Bronx by converting a large underused site into retail use, and restoration of public access to the Harlem River waterfront.
Click Here To see a listing of some of the businesses that are coming to the New Bronx Terminal Market: Tenants
Anyone seeking information or interested in leasing space, please contact John Hanlon at (516) 933-8880
Any Bronx qualified licensed child care provider interested in leasing 3,500 square feet of space at 35% below market rate at the new “Gateway at The Bronx Terminal Market” should call 718.993.3282 or http://www.bronxgateway.com/contact/
The Bronx Empowerment Zone Benefits
The Bronx Overall Economic Development Corporation (BOEDC), the administrator of the Bronx Empowerment Zone (EZ), offers two loan programs for qualified Bronx Empowerment Zone companies. Both programs offer loans at a very low interest rate and long terms in return for the borrowers commitment to hire Bronx Empowerment Zone residents. The Business Assistance Initiative (BAI) can generally lend up to $1 million to finance up to half of a project's cost. The EZ Loan Fund can finance up to 80% of a project's cost up to loans of $200,000.
There are other Benefits including
Tax-Related Empowerment Zone Benefits
Employee Wage Tax Credit
Increased Section 179 Deduction
Tax-Exempt Bond Financing
For More Information Click Here: Empowerment Zone Benefits