Report: Majority of Kingsbridge Road Merchants Rent Burdened
Evy Viruet started to think something was up when she kept getting phone calls from business owners on Kingsbridge Road about people coming around and taking pictures. “We figured they were up to something,” said Viruet, a small business organizer for Northwest Bronx Community and Clergy Coalition (NWBCCC). Owners of Kingsbridge corridor businesses soon found ads on the real estate listing site Loopnet.com that offered 2 through 12 W. Kingsbridge Rd. and 2647 through 2659 Jerome Ave. up for sale, specifying that “existing tenants are month to month.” Many tenants in those buildings also have no commercial leases at all.