One key corner of the Bronx faces an added burden as it reopens: Criminal gangs loote🐠d over 100 stores on and around Fordham Road the night of June 1, and the mainly mom-and-pop operations🌺 are struggling to find the cash to make even modest repairs.
Ye🍃s, Mayor Bill de Blasio days later announced a $1.25 million grant fund to help out. But the $10,000 grants cover just a fraction of the losses — a🌃nd are dead slow in coming.
t෴hat only five of 125 applications had been approved as of Monday. And many victims only received the forms a week or so ago.
Jessica Betancourt’s Bronx Optical Center lost over $170,000 in cash and merchandise to loo😼ters. She told the website the city’s response was “B.S.”
Most of the businesses weren’t insured for t🔯heft on this scale, and even those that were (like Planet Pharmacy, owned and operated by Nigerian immigrants) are struggling with the paperwork.
Bronx Borough President Ruben Diaz Jr. slams the state as well ꩲas the city. Economic-development agencies should’ve rushed in to offer low-interest loans to these hard-hit small businesses, he says, calling it a lost opportunity to help minority-owned enterprises in ꧑a borough that was on the comeback trail.
“Maꦍyor de Blasio — and Gov. Cuom⛄o, too — are missing the opportunity to send a strong message to looters and vandals that they won’t surrender to destruction,” Diaz told The Post.
We’re no fans of economic-development pr🧸ograms, precisely because the benefits flow mainly to the politically connected. If they don’t work to help these shops now, that’s one more reason to zero them all ꦛout.