
Mott Haven businesses bet on a waterfront boom. Years later, many are still waiting
Some of the comments in this article, don’t sit right with me. Entrepreneurs built their business models on being able to capitalize on gentrification, that has not really materialized. Now, Michael Brady, one of the architects of gentrification in the South Bronx, has a failing business. Sounds like poetic justice to me. That said, it’s astounding to hear him speak about speculative real estate that is causing this, as if he weren’t at the table, brokering those deals.