South Bronx enjoying its moment in the spotlight.(Commercial Sales & Leasing)

Real Estate Weekly | February 21, 2007| | Copyright

Once synonymous with urban blight, the South Bronx is enjoying its much deserved comeback. Early last year, real estate contributor for Good Morning America, Barbara Corcoran, placed the South Bronx second in the "Five Hot Real Estate Markets."

"(It's) the last housing frontier close to Manhattan ... money is flowing in and developers are really starting to place their bets," Corcoran said. The Bronx is also New York City's second fastest growing borough behind Staten Island.

Due to the unseemly urban decay of the 1970's, the South Bronx suffered a ...

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