City Announces Bronx Point, a Waterfront Development That Will Create Open Space and Hundreds of Units of Affordable Housing in the South Bronx

New York City Economic Development Corporation (NYCEDC), in partnership with the Departments of Housing Preservation and Development (HPD) and Parks and Recreation (DPR), today announced a plan to transform a long-vacant site located along the Harlem River waterfront into Bronx Point, a dynamic mixed-use development that will feature high-quality public open spaces, hundreds of permanently affordable housing units, a home for the Universal Hip-Hop Museum, a state-of-the-art multiplex theater, education space, and a neighborhood food and beverage hall and incubator.