Mott Haven Neighborhood Leading The Revival Of South Bronx [Forbes]
McDonald's Corporation (MCD)
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Source: Forbes
The Arches is emblematic of the new luxury construction taking place in the Mott Haven nook of the... [+]South Bronx.EXR/The ArchesNo one who has read Robert A. Caro's Pulitzer Prize-winningThe Power Brokerauthor's depictionThen cradling some of New York City's loveliest neighborhoods, the area was involuntarily set on a path to destruction with Robert Moses' dictatorial push to slice the Cross-Bronx Expressway through stable enclaves like East Tremont. Construction displaced more than 1,500 working and lower middle-class families who'd comprised the backbone of the Bronx for decades. Along with myriad other factors, their exodus from the borough helped propel its swift decline. Within 25 years, the Bronx and especially South Bronx were nationally infamous for crime-ridden urban decay.The revival of communities like Mott Haven, in the southwest corner of the borough, over the past decade has signaled past may be prologue, and that the future of the Bronx could be just as bright as it
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News
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- MCD's page on the SEC website