South Bronx Sees Economic GrowthDespite Pandemic Challenges
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The COVID-19 pandemic hit the South Bronx especially hard, but the area’s economy has shown resiliency, according to a report by New York State Comptroller DiNapoli. He shared the findings at La Central YMCA on Tuesday with City Councilmember Rafael Salamanca, Bronx Borough President Vanessa Gibson, Bronx Chamber of Commerce President Lisa Sorin, Hunts Point Produce Market CEO Phillip Grant, State Senator José Serrano, State Assemblymember Kenny Burgos, City Councilmember Althea Stevens and community groups and advocates.
“The South Bronx was hard hit by the COVID-19 pandemic but was resilient because of dedicated and hardworking neighborhood groups and advocates, and the strength of its residents,” said DiNapoli. “Still, the need for more affordable housing, jobs and quality of life improvements remains pivotal to the community’s long-term success.”
Despite the impact of the pandemic, jobs and businesses grew faster in the South Bronx than the rest of the borough and City. This was due in part to community-led investments through the pandemic, stemming from the City’s public-private partnerships to develop commercial, housing and cultural projects. Federal pandemic assistance helped many South Bronx businesses stay afloat, and in 2022, the area had 78,476 private sector jobs, which accounted for almost one-third of jobs boroughwide.
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DiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
State Comptroller DiNapoli, trustee of the New York State Common Retirement Fund, sent letters to 50 major portfolio companies, including Tesla Inc., Meta Platforms Inc, Microsoft Corp. and NIKE Inc., urging them to join the Anti-Defamation League’s Workplace Pledge to Fight Antisemitism. DiNapoli announced his action Saturday night at the Stand With Israel event at the Hampton Synagogue in Westhampton Beach. The event featured a keynote address by internationally known Rabbi Marc Schneier on unity and solidarity.
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Buffalo Woman Pleads Guilty to Stealing Her Deceased Grandmother's State Pension Payments
A 55-year-old Buffalo woman pleaded guilty to stealing more than $54,715 in State pension payments meant for her deceased grandmother, State Comptroller DiNapoli and Erie County District Attorney John J. Flynn announced. The defendant, Bernadette Russell, was convicted of grand larceny.
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DiNapoli and Oneida DA McNamara Announce Arrests of Utica School Superintendent and Former Utica Mayor for Theft of Public Funds
State Comptroller DiNapoli, Oneida County District Attorney Scott McNamara, and the New York State Police announced the arrest of the long-time superintendent of the Utica City School District (UCSD) Bruce Karam and the former Utica Mayor and UCSD School Board President Louis LaPolla for allegedly using taxpayer funds to pay for political campaigns and a non-school related fundraiser.
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Comptroller: South Bronx economy shows resiliency post-pandemic
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Tom DiNapoli @NYSComptroller
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